Outputs (648)

Default Effects of Credit Card Minimum Payments (2021)
Journal Article
Sakaguchi, H., Stewart, N., Gathergood, J., Adams, P., Guttman-Kenney, B., Hayes, L., & Hunt, S. (2022). Default Effects of Credit Card Minimum Payments. Journal of Marketing Research, 59(4), 775-796. https://doi.org/10.1177/00222437211070589

Credit card minimum payments are designed to ensure that individuals pay down their debt over time, and scheduling minimum automatic repayments helps to avoid forgetting to repay. Yet minimum payments have additional, unintended psychological default... Read More about Default Effects of Credit Card Minimum Payments.

Social proximity and the erosion of norm compliance (2021)
Journal Article
Bicchieri, C., Dimant, E., Gächter, S., & Nosenzo, D. (2022). Social proximity and the erosion of norm compliance. Games and Economic Behavior, 132, 59-72. https://doi.org/10.1016/j.geb.2021.11.012

We study how compliance with norms of pro-social behavior is influenced by peers' compliance in a dynamic and non-strategic experimental setting. We show that social proximity among peers is a crucial determinant of the effect. Without social proximi... Read More about Social proximity and the erosion of norm compliance.

Countering Public Opposition to Immigration: The Impact of Information Campaigns (2021)
Journal Article
Facchini, G., Margalit, Y., & Nakata, H. (2022). Countering Public Opposition to Immigration: The Impact of Information Campaigns. European Economic Review, 141, Article 103959. https://doi.org/10.1016/j.euroecorev.2021.103959

Is opposition to immigration deeply entrenched or is it open to updating in the face of new information? We explore this question by examining how attitudes of native citizens shift following exposure to information that points to potential upsides o... Read More about Countering Public Opposition to Immigration: The Impact of Information Campaigns.

Estimation of large dimensional time varying VARs using copulas (2021)
Journal Article
Tsionas, M. G., Izzeldin, M., & Trapani, L. (2022). Estimation of large dimensional time varying VARs using copulas. European Economic Review, 141, Article 103952. https://doi.org/10.1016/j.euroecorev.2021.103952

This paper provides a simple, yet reliable, alternative to the (Bayesian) estimation of large multivariate VARs with time variation in the conditional mean equations and/or in the covariance structure. The original multivariate, n-dimensional model i... Read More about Estimation of large dimensional time varying VARs using copulas.

Contagion in networks: Stability and efficiency (2021)
Journal Article
Bougheas, S. (2022). Contagion in networks: Stability and efficiency. Mathematical Social Sciences, 115, 64-77. https://doi.org/10.1016/j.mathsocsci.2021.10.006

We study the formation of networks in environments where agents derive benefits from their neighbours (immediate links) but suffer losses through contagion when any agent on a path that connects them is hit by a shock. We first consider networks with... Read More about Contagion in networks: Stability and efficiency.

A job ladder model with stochastic employment opportunities (2021)
Journal Article
Bradley, J., & Gottfries, A. (2021). A job ladder model with stochastic employment opportunities. Quantitative Economics, 12(4), 1399-1430. https://doi.org/10.3982/QE1394

We set up a model with on-the-job search in which firms infrequently post vacancies for which workers occasionally apply. The model nests the standard job ladder and stock-flow models as special cases, while remaining analytically tractable and easy... Read More about A job ladder model with stochastic employment opportunities.

One size does not fit all: Plurality of social norms and saving behavior in Kenya (2021)
Journal Article
Fromell, H., Nosenzo, D., Owens, T., & Tufano, F. (2021). One size does not fit all: Plurality of social norms and saving behavior in Kenya. Journal of Economic Behavior and Organization, 192, 73-91. https://doi.org/10.1016/j.jebo.2021.09.028

Using the Krupka–Weber norm-elicitation technique in a lab-in-the-field experiment in rural Kenya, we measure the social norms that regulate the trade-off between wealth accumulation through saving and sharing income with kin and neighbors. We find a... Read More about One size does not fit all: Plurality of social norms and saving behavior in Kenya.

Naivety about hidden information: An experimental investigation (2021)
Journal Article
Montero, M., & Sheth, J. D. (2021). Naivety about hidden information: An experimental investigation. Journal of Economic Behavior and Organization, 192, 92-116. https://doi.org/10.1016/j.jebo.2021.09.032

The unraveling prediction of disclosure theory relies on the idea that strategic forces lead firms (information senders) to voluntarily disclose information about the quality of their products provided the information disclosed is verifiable and the... Read More about Naivety about hidden information: An experimental investigation.

Policy Effects of International Taxation on Firm Dynamics and Capital Structure (2021)
Journal Article
Spencer, A. H. (2022). Policy Effects of International Taxation on Firm Dynamics and Capital Structure. Review of Economic Studies, 89(4), 2149-2200. https://doi.org/10.1093/restud/rdab071

This article develops a quantitative open economy framework with dynamics, firm heterogeneity and financial frictions to study the impact of corporate tax reforms targeted at multinationals. The model quantifies their impact on firm selection, produc... Read More about Policy Effects of International Taxation on Firm Dynamics and Capital Structure.

The Geography of Knowledge and R&D-led Growth (2021)
Journal Article
Aloi, M., Poyago-Theotoky, J., & Tournemaine, F. (2022). The Geography of Knowledge and R&D-led Growth. Journal of Economic Geography, 22(6), 1149–1190. https://doi.org/10.1093/jeg/lbab019

We analyse how spatial disparities in innovation activities, coupled with migration costs, affect economic geography, market structure, growth and regional inequality. We provide conditions for existence and uniqueness of a spatial equilibrium, and f... Read More about The Geography of Knowledge and R&D-led Growth.