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Estimation of the variance function in structural break autoregressive models with nonstationary and explosive segments (2022)
Journal Article
Harvey, D. I., Leybourne, S. J., & Zu, Y. (2023). Estimation of the variance function in structural break autoregressive models with nonstationary and explosive segments. Journal of Time Series Analysis, 44(2), 181-205. https://doi.org/10.1111/jtsa.12660

In this paper we consider estimating the innovation variance function when the conditional mean model is characterized by a structural break autoregressive model, which exhibits multiple unit root, explosive and stationary collapse segments, allowing... Read More about Estimation of the variance function in structural break autoregressive models with nonstationary and explosive segments.

A Note on University Admission Tests: Simple Theory and Empirical Analysis (2022)
Journal Article
De Fraja, G., Eleftheriou, K., & Ioakimidis, M. (2022). A Note on University Admission Tests: Simple Theory and Empirical Analysis. The B.E. Journal of Economic Analysis & Policy, 22(3), 623-632. https://doi.org/10.1515/bejeap-2021-0173

University admission mechanisms are often quite complex. This paper examines one effect of their design on the students' incentives to exert effort in preparation for the test. We adapt a multi-unit all-pay model of auction to draw the conclusion tha... Read More about A Note on University Admission Tests: Simple Theory and Empirical Analysis.

The Effects of Transit Systems on International Trade (2022)
Journal Article
Carballo, J., Graziano, A. G., Schaur, G., & Martincus, C. V. (2022). The Effects of Transit Systems on International Trade. Review of Economics and Statistics, 1-41. https://doi.org/10.1162/rest_a_01189

In this paper, we estimate the trade effects of a transit system upgrading that streamlines border processing in developing countries. Our empirical approach combines transaction level export data from El Salvador with unique data that distinguishes... Read More about The Effects of Transit Systems on International Trade.

Payments from Households to Distant Polluting Firms (2022)
Journal Article
Dijkstra, B. R. (2022). Payments from Households to Distant Polluting Firms. Environmental and Resource Economics, 82, 681-715. https://doi.org/10.1007/s10640-022-00683-0

We investigate a novel way to encourage separation between firms, causing local pollution, and their victims (households): payments from households to distant polluting firms. These payments do not require monitoring of firms’ emissions or their abat... Read More about Payments from Households to Distant Polluting Firms.

Social closeness can help, harm and be irrelevant in solving pure coordination problems (2022)
Journal Article
Gächter, S., Starmer, C., Thöni, C., Tufano, F., & Weber, T. O. (2022). Social closeness can help, harm and be irrelevant in solving pure coordination problems. Economics Letters, 216, Article 110552. https://doi.org/10.1016/j.econlet.2022.110552

Experimental research has shown that ordinary people often perform remarkably well in solving coordination games that involve no conflicts of interest. While most experiments in the past studied such coordination games among socially distant anonymou... Read More about Social closeness can help, harm and be irrelevant in solving pure coordination problems.

Is assisted suicide a substitute for unassisted suicide? (2022)
Journal Article
Girma, S., & Paton, D. (2022). Is assisted suicide a substitute for unassisted suicide?. European Economic Review, 145, Article 104113. https://doi.org/10.1016/j.euroecorev.2022.104113

Posner hypothesised that the legalisation of assisted suicide may substitute for unassisted (unregulated) suicide. We test predictions arising from this hypothesis using data from US states that have legalised assisted suicide. Event study regression... Read More about Is assisted suicide a substitute for unassisted suicide?.

Workplace inequality is associated with status-signaling expenditure (2022)
Journal Article
Muggleton, N., Trendl, A., Walasek, L., Leake, D., Gathergood, J., & Stewart, N. (2022). Workplace inequality is associated with status-signaling expenditure. Proceedings of the National Academy of Sciences, 119(15), Article e2115196119. https://doi.org/10.1073/pnas.2115196119

Regional inequality is known to magnify sensitivity to social rank. This, in turn, is shown to increase people’s propensity to acquire luxury goods as a means to elevate their perceived social status. Yet existing research has focused on broad, aggre... Read More about Workplace inequality is associated with status-signaling expenditure.

Covid-19 and the Media (2022)
Book Chapter
Ananyev, M., Poyker, M., & Tian, Y. (2022). Covid-19 and the Media. In K. F. Zimmermann (Ed.), Handbook of Labor, Human Resources and Population Economics. Springer International Publishing. https://doi.org/10.1007/978-3-319-57365-6_329-1

This chapter describes the growing literature on the effects of media on Covid-19-related outcomes. First, it discusses the papers related to traditional media. In particular, it discusses the literature that studies the effect of public messages, mi... Read More about Covid-19 and the Media.

Worker-less social responsibility: How the proliferation of voluntary labour governance tools in seafood marginalise the workers they claim to protect (2022)
Journal Article
Decker Sparks, J. L., Matthews, L., Cárdenas, D., & Williams, C. (2022). Worker-less social responsibility: How the proliferation of voluntary labour governance tools in seafood marginalise the workers they claim to protect. Marine Policy, 139, Article 105044. https://doi.org/10.1016/j.marpol.2022.105044

In response to labour and human rights violations onboard fishing vessels, the private sector is increasingly relying on market-based solutions in the form of voluntary, non-governmental social governance tools to improve working conditions for fishe... Read More about Worker-less social responsibility: How the proliferation of voluntary labour governance tools in seafood marginalise the workers they claim to protect.

Testing for Co-explosive Behaviour in Financial Time Series (2022)
Journal Article
Evripidou, A. C., Harvey, D. I., Leybourne, S. J., & Sollis, R. (2022). Testing for Co-explosive Behaviour in Financial Time Series. Oxford Bulletin of Economics and Statistics, 84(3), 624-650. https://doi.org/10.1111/obes.12487

This article proposes a test to determine if two price series that each contain an explosive autoregressive regime consistent with the presence of a bubble are related in the sense that a linear combination of them is integrated of order zero. We ref... Read More about Testing for Co-explosive Behaviour in Financial Time Series.

Reply to Nielsen et al.: Social mindfulness is associated with countries’ environmental performance and individual environmental concern (2022)
Journal Article
van Lange, P. A., Van Doesum, N. J., Murphy, R. O., Gallucci, M., Aharonov-Majar, E., Athenstaedt, U., …Van Lange, P. A. M. (2022). Reply to Nielsen et al.: Social mindfulness is associated with countries’ environmental performance and individual environmental concern. Proceedings of the National Academy of Sciences, 119(9), 1-2. https://doi.org/10.1073/pnas.2122077119

Measuring honesty and explaining adulteration in naturally occurring markets (2022)
Journal Article
Rustagi, D., & Kroell, M. (2022). Measuring honesty and explaining adulteration in naturally occurring markets. Journal of Development Economics, 156, Article 102819. https://doi.org/10.1016/j.jdeveco.2022.102819

There is astounding variation in product quality sold in markets even when quality is difficult to ascertain and rules are poorly enforced. We investigate whether sellers differ in innate honesty (incur private cost to provide good quality) and wheth... Read More about Measuring honesty and explaining adulteration in naturally occurring markets.

The impact of child migration on the health and well‐being of parents left behind (2022)
Journal Article
Bridges, S., & Liu, L. (2022). The impact of child migration on the health and well‐being of parents left behind. Journal of International Development, 34(6), 1145-1164. https://doi.org/10.1002/jid.3621

This paper uses data from the China Health and Retirement Survey to estimate the causal effect child out-migration has on the health of parents in China. For rural parents, we show that after controlling for self-selection, child out-migration has a... Read More about The impact of child migration on the health and well‐being of parents left behind.

The order of presentation in trials: Plaintive plaintiffs (2022)
Journal Article
D'Agostino, E., & Seidmann, D. J. (2022). The order of presentation in trials: Plaintive plaintiffs. Games and Economic Behavior, 132, 328-336. https://doi.org/10.1016/j.geb.2022.01.009

Is it better to present evidence first or second in trials if witnesses cannot lie, and the litigants share all available witnesses? We address this question by defining preferences over playing games via their equilibrium correspondences. Exploiting... Read More about The order of presentation in trials: Plaintive plaintiffs.

Fundamentals, regimes and exchange rate forecasts: Insights from a meta exchange rate model (2022)
Journal Article
Aristidou, C., Lee, K., & Shields, K. (2022). Fundamentals, regimes and exchange rate forecasts: Insights from a meta exchange rate model. Journal of International Money and Finance, 123, Article 102601. https://doi.org/10.1016/j.jimonfin.2022.102601

A ‘meta’ model of the exchange rate combines a range of models distinguished by the drivers of the rate and by regime duration. Alternative model weights are proposed, including those obtained from a novel non-nested hypothesis-testing technique that... Read More about Fundamentals, regimes and exchange rate forecasts: Insights from a meta exchange rate model.

Social learning along international migrant networks (2022)
Journal Article
Tian, Y., Caballero, M. E., & Kovak, B. K. (2022). Social learning along international migrant networks. Journal of Economic Behavior and Organization, 195, 103-121. https://doi.org/10.1016/j.jebo.2021.12.028

We document the transmission of social distancing practices from the United States to Mexico along migrant networks during the early 2020 Covid-19 pandemic. Using data on pre-existing migrant connections between Mexican and U.S. locations and mobile-... Read More about Social learning along international migrant networks.

A Meta Model Analysis of Exchange Rate Determination (2022)
Book Chapter
Aristidou, C., Lee, K., & Shields, K. (2022). A Meta Model Analysis of Exchange Rate Determination. . Emerald Publishing Limited. https://doi.org/10.1108/s0731-90532021000043a010

A novel approach to modeling exchange rates is presented based on a set of models distinguished by the drivers of the rate and regime duration. The models are combined into a “meta model” using model averaging and non-nested hypothesis-testing techni... Read More about A Meta Model Analysis of Exchange Rate Determination.

Conforming with peers in honesty and cooperation (2022)
Journal Article
Isler, O., & Gächter, S. (2022). Conforming with peers in honesty and cooperation. Journal of Economic Behavior and Organization, 195, 75-86. https://doi.org/10.1016/j.jebo.2021.12.026

Peer observation can influence social norm perceptions as well as behavior in various moral domains, but is the tendency to be influenced by and conform with peers domain-general? In an online experiment (N = 815), we studied peer effects in honesty... Read More about Conforming with peers in honesty and cooperation.

R&D restructuring during the Great Recession and young firms (2022)
Journal Article
Garcia-Vega, M. (2022). R&D restructuring during the Great Recession and young firms. International Journal of Industrial Organization, 81, Article 102819. https://doi.org/10.1016/j.ijindorg.2021.102819

In this paper, I examine whether the Great Recession of the late 2000s (henceforth abbreviated as GR) had an effect on the organization of R&D in young versus older firms. Using a difference-in-difference approach and propensity score reweighting est... Read More about R&D restructuring during the Great Recession and young firms.