All Outputs (628)

A model of nongovernmental organization regulation with an application to Uganda (2015)
Journal Article
Burger, R., Dasgupta, I., & Owens, T. (2015). A model of nongovernmental organization regulation with an application to Uganda. Economic Development and Cultural Change, 64(1), https://doi.org/10.1086/682885

We develop a model of regulation of service-delivery nongovernmental organizations (NGOs), where future grants are conditional on prior spending of some minimal proportion of current revenue on direct project-related expenses. Such regulation induces... Read More about A model of nongovernmental organization regulation with an application to Uganda.

“Ingroup love” and “outgroup hate” in intergroup conflict between natural groups (2015)
Journal Article
Weisel, O., & Böhm, R. (2015). “Ingroup love” and “outgroup hate” in intergroup conflict between natural groups. Journal of Experimental Social Psychology, 60, https://doi.org/10.1016/j.jesp.2015.04.008

We report on two studies investigating the motivations (“ingroup love” and “outgroup hate”) underlying individual participation in intergroup conflict between natural groups (fans of football clubs, supporters of political parties), by employing the... Read More about “Ingroup love” and “outgroup hate” in intergroup conflict between natural groups.

Tests for explosive financial bubbles in the presence of non-stationary volatility (2015)
Journal Article
Harvey, D. I., Leybourne, S. J., Sollis, R., & Taylor, A. R. (in press). Tests for explosive financial bubbles in the presence of non-stationary volatility. Journal of Empirical Finance, 38(B), https://doi.org/10.1016/j.jempfin.2015.09.002

This paper studies the impact of permanent volatility shifts in the innovation process on the performance of the test for explosive financial bubbles based on recursive right-tailed Dickey–Fuller-type unit root tests proposed by Phillips, Wu and Yu (... Read More about Tests for explosive financial bubbles in the presence of non-stationary volatility.

The costs and benefits of coordinating with a different group (2015)
Journal Article
Grout, P. A., Mitraille, S., & Sonderegger, S. (2015). The costs and benefits of coordinating with a different group. Journal of Economic Theory, 160, https://doi.org/10.1016/j.jet.2015.09.006

We consider a setup where agents care about i) taking actions that are close to their preferences, and ii) coordinating with others. The preferences of agents in the same group are drawn from the same distribution. Each individual is exogenously matc... Read More about The costs and benefits of coordinating with a different group.

Fire-sale FDI or business as usual? (2015)
Journal Article
Alquist, R., Mukherjee, R., & Tesar, L. (2016). Fire-sale FDI or business as usual?. Journal of International Economics, 98, 93-113. https://doi.org/10.1016/j.jinteco.2015.09.003

Motivated by a set of stylized facts, we develop a model of cross-border mergers and acquisitions (M&As) to study foreign direct investment (FDI) in emerging markets. We compare acquisitions undertaken during financial crises – so called fire-sale FD... Read More about Fire-sale FDI or business as usual?.

Estimating the effects of the container revolution on world trade (2015)
Journal Article
Bernhofen, D. M., El-Sahli, Z., & Kneller, R. (2016). Estimating the effects of the container revolution on world trade. Journal of International Economics, 98, 36-50. https://doi.org/10.1016/j.jinteco.2015.09.001

© 2015 Elsevier B.V. Many historical accounts have asserted that containerization triggered complementary technological and organizational changes that revolutionized global freight transport. We are the first to suggest an identification strategy fo... Read More about Estimating the effects of the container revolution on world trade.

Combining ‘‘real effort’’ with induced effort costs: the ball-catching task (2015)
Journal Article
Gaechter, S., Huang, L., & Sefton, M. (2016). Combining ‘‘real effort’’ with induced effort costs: the ball-catching task. Experimental Economics, 19(4), https://doi.org/10.1007/s10683-015-9465-9

We introduce the “ball-catching task”, a novel computerized task, which combines a tangible action (“catching balls”) with induced material cost of effort. The central feature of the ball-catching task is that it allows researchers to manipulate the... Read More about Combining ‘‘real effort’’ with induced effort costs: the ball-catching task.

Testing for unit roots under multiple possible trend breaks and non-stationary volatility using bootstrap minimum Dickey-Fuller statistics (2015)
Journal Article
Cavaliere, G., Harvey, D. I., Leybourne, S. J., & Robert Taylor, A. (2015). Testing for unit roots under multiple possible trend breaks and non-stationary volatility using bootstrap minimum Dickey-Fuller statistics. Journal of Time Series Analysis, 36(5), https://doi.org/10.1111/jtsa.12067

In a recent paper, Harvey et al. (2013) [HLT] propose a new unit root test that allows for the possibility of multiple breaks in trend. Their proposed test is based on the infimum of the sequence (across all candidate break points) of local GLS detre... Read More about Testing for unit roots under multiple possible trend breaks and non-stationary volatility using bootstrap minimum Dickey-Fuller statistics.

The prevalence of childhood victimization experienced outside of the family: findings from an English prevalence study (2015)
Journal Article
Jackson, V., Browne, K., & Joseph, S. (2016). The prevalence of childhood victimization experienced outside of the family: findings from an English prevalence study. Child Abuse and Neglect, 51, https://doi.org/10.1016/j.chiabu.2015.08.006

There has been little research carried out in the United Kingdom (UK) aimed at providing a holistic exploration of the victim experiences of young people within the school and community environments (extrafamilial victimization). This study therefore... Read More about The prevalence of childhood victimization experienced outside of the family: findings from an English prevalence study.

Liberalizing trade in environmental goods and services (2015)
Journal Article
Dijkstra, B., & Mathew, A. (2016). Liberalizing trade in environmental goods and services. Environmental Economics and Policy Studies, 18(4), 499-526. https://doi.org/10.1007/s10018-015-0121-6

We examine the effects of trade liberalization in environmental goods in a model with one domestic downstream polluting firm and two upstream firms (one domestic, one foreign). The upstream firms offer their technologies to the downstream firm at a f... Read More about Liberalizing trade in environmental goods and services.

Majoritarian Blotto contests with asymmetric battlefields: an experiment on apex games (2015)
Journal Article
Montero, M., Possajennikov, A., Sefton, M., & Turocy, T. L. (2016). Majoritarian Blotto contests with asymmetric battlefields: an experiment on apex games. Economic Theory, 61(1), 55-89. https://doi.org/10.1007/s00199-015-0902-y

We investigate a version of the classic Colonel Blotto game in which individual battlefields may have different values. Two players allocate a fixed discrete budget across battlefields. Each battlefield is won by the player who allocates the most to... Read More about Majoritarian Blotto contests with asymmetric battlefields: an experiment on apex games.

The collaborative roots of corruption (2015)
Journal Article
Weisel, O., & Shalvi, S. (2015). The collaborative roots of corruption. Proceedings of the National Academy of Sciences, 112(34), https://doi.org/10.1073/pnas.1423035112

Cooperation is essential for completing tasks that individuals cannot accomplish alone. Whereas the benefits of cooperation are clear, little is known about its possible negative aspects. Introducing a novel sequential dyadic die-rolling paradigm, we... Read More about The collaborative roots of corruption.

Risk taking and information aggregation in groups (2015)
Journal Article
Bougheas, S., Nieboer, J., & Sefton, M. (2015). Risk taking and information aggregation in groups. Journal of Economic Psychology, 51, https://doi.org/10.1016/j.joep.2015.08.001

We report a controlled laboratory experiment examining risk-taking and information aggregation in groups facing a common risk. The experiment allows us to examine how subjects respond to new information, in the form of both privately observed signals... Read More about Risk taking and information aggregation in groups.

Conjectural variations in aggregative games: an evolutionary perspective (2015)
Journal Article
Possajennikov, A. (2015). Conjectural variations in aggregative games: an evolutionary perspective. Mathematical Social Sciences, 77, https://doi.org/10.1016/j.mathsocsci.2015.07.003

Suppose that in symmetric aggregative games, in which payoffs depend only on a player's strategy and on an aggregate of all players' strategies, players have conjectures about the reaction of the aggregate to marginal changes in their strategy. The p... Read More about Conjectural variations in aggregative games: an evolutionary perspective.

Global trends in the choice of exchange rate regime (2015)
Journal Article
Bleaney, M., Tian, M., & Yin, L. (2016). Global trends in the choice of exchange rate regime. Open Economies Review, 27(1), 71-85. https://doi.org/10.1007/s11079-015-9375-7

The raw data suggest that the global trend towards greater exchange rate flexibility that was evident before 1990 has since stopped. An optimum currency area (OCA) model of exchange rate regime choice is estimated. Four different schemes for classify... Read More about Global trends in the choice of exchange rate regime.

A carrot and stick approach to agenda-setting (2015)
Journal Article
Dahm, M., & Glazer, A. (2015). A carrot and stick approach to agenda-setting. Journal of Economic Behavior and Organization, 116, https://doi.org/10.1016/j.jebo.2015.05.012

This paper models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by promising future benefits to legislators who support him. In equilibrium, a large maj... Read More about A carrot and stick approach to agenda-setting.

A note on the asymptotic normality of the kernel deconvolution density estimator with logarithmic chi-square noise (2015)
Journal Article
Zu, Y. (2015). A note on the asymptotic normality of the kernel deconvolution density estimator with logarithmic chi-square noise. Econometrics, 3(3), 561-576. https://doi.org/10.3390/econometrics3030561

© 2015 by the author; licensee MDPI, Basel, Switzerland. This paper studies the asymptotic normality for the kernel deconvolution estimator when the noise distribution is logarithmic chi-square; both identical and independently distributed observatio... Read More about A note on the asymptotic normality of the kernel deconvolution density estimator with logarithmic chi-square noise.

Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models (2015)
Journal Article
Cuñat, A., Breinlich, H., & Cunat, A. (2016). Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models. Economic Journal, 126(595), 1660-1702. https://doi.org/10.1111/ecoj.12218

© 2014 Royal Economic Society We examine the quantitative predictions of heterogeneous firm in the context of the Canada–US Free Trade Agreement (CUSFTA) of 1989. We compute predicted increases in trade flows and measured productivity and compare the... Read More about Tariffs, Trade and Productivity: A Quantitative Evaluation of Heterogeneous Firm Models.

Trust, trustworthiness and the consensus effect: an evolutionary approach (2015)
Journal Article
Adriani, F., & Sonderegger, S. (2015). Trust, trustworthiness and the consensus effect: an evolutionary approach. European Economic Review, 77, https://doi.org/10.1016/j.euroecorev.2015.04.003

People often form expectations about others using the lens of their own attitudes (the so-called consensus effect). We study the implications of this for trust and trustworthiness in an evolutionary model where social preferences are endogenous. Trus... Read More about Trust, trustworthiness and the consensus effect: an evolutionary approach.

Robust Comparative Statics in Large Dynamic Economies (2015)
Journal Article
Acemoglu, D., & Jensen, M. K. (2015). Robust Comparative Statics in Large Dynamic Economies. Journal of Political Economy, 123(3), 587-640. https://doi.org/10.1086/680685

We consider infinite-horizon economies populated by a continuum of agents subject to idiosyncratic shocks. This framework contains models of saving and capital accumulation with incomplete markets in the spirit of works by Bewley, Aiyagari, and Hugge... Read More about Robust Comparative Statics in Large Dynamic Economies.