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The open economy balance sheet channel and the exporting decisions of firms: evidence from the Brazilian crisis of 1999 (2015)
Journal Article
Bougheas, S., Mizen, P., & Silva, S. (2015). The open economy balance sheet channel and the exporting decisions of firms: evidence from the Brazilian crisis of 1999. Oxford Economic Papers, 67(4), 1096-1122. https://doi.org/10.1093/oep/gpv046

We consider the impact of the Brazilian crisis of 1999 on the extensive and intensive margin of exporters versus non-exporters through the open economy balance sheet channel. Using an open economy balance sheet channel model with firm heterogeneity,... Read More about The open economy balance sheet channel and the exporting decisions of firms: evidence from the Brazilian crisis of 1999.

Discretionary sanctions and rewards in the repeated inspection game (2015)
Journal Article
Nosenzo, D., Offerman, T., Sefton, M., & Veen, A. V. D. (in press). Discretionary sanctions and rewards in the repeated inspection game. Management Science, 62(2), https://doi.org/10.1287/mnsc.2014.2124

We experimentally investigate a repeated “inspection game” where, in the stage game, an employee can either work or shirk and an employer simultaneously chooses to inspect or not inspect. The unique equilibrium of the stage game is in mixed strategie... Read More about Discretionary sanctions and rewards in the repeated inspection game.

The longevity of famous people from Hammurabi to Einstein (2015)
Journal Article
De la Croix, D., & Licandro, O. (2015). The longevity of famous people from Hammurabi to Einstein. Journal of Economic Growth, 20(3), https://doi.org/10.1007/s10887-015-9117-0

We build a new sample of 300,000 famous people born between Hammurabi's epoch and Einstein's cohort, including their vital dates, occupations, and locations from the Index Bio-bibliographicus Notorum Hominum. We discuss and control for selection and... Read More about The longevity of famous people from Hammurabi to Einstein.

Measuring the closeness of relationships: a comprehensive evaluation of the 'Inclusion of the Other in the Self' scale (2015)
Journal Article
Gaechter, S., Starmer, C., & Tufano, F. (2015). Measuring the closeness of relationships: a comprehensive evaluation of the 'Inclusion of the Other in the Self' scale. PLoS ONE, 10(6), Article e0129478. https://doi.org/10.1371/journal.pone.0129478

Understanding the nature and influence of social relationships is of increasing interest to behavioral economists, and behavioral scientists more generally. In turn, this creates a need for tractable, and reliable, tools for measuring fundamental asp... Read More about Measuring the closeness of relationships: a comprehensive evaluation of the 'Inclusion of the Other in the Self' scale.

Peer effects and social preferences in voluntary cooperation: a theoretical and experimental analysis (2015)
Journal Article
Thöni, C., & Gaechter, S. (2015). Peer effects and social preferences in voluntary cooperation: a theoretical and experimental analysis. Journal of Economic Psychology, 48, https://doi.org/10.1016/j.joep.2015.03.001

Social preferences and social influence effects ("peer effects") are well documented, but little is known about how peers shape social preferences. Settings where social preferences matter are often situations where peer effects are likely too. In a... Read More about Peer effects and social preferences in voluntary cooperation: a theoretical and experimental analysis.

Trade, tariffs, growth and poverty (2015)
Book Chapter
Ackah, C., Leyaro, V., & Morrissey, O. (2015). Trade, tariffs, growth and poverty. In O. Morrissey, R. Lopez, & K. Sharma (Eds.), Handbook on trade and development (19-35). Edward Elgar Publishing. https://doi.org/10.4337/9781781005316.00007

Increased globalization and widespread trade liberalization in developing countries since the 1980s has inspired considerable debate on the impact of globalization in general, and trade liberalization in particular, on growth, incomes and poverty. Th... Read More about Trade, tariffs, growth and poverty.

The impact of trade preferences on multilateral tariff cuts: evidence for Japan (2015)
Journal Article
Ketterer, T. D., Bernhofen, D. M., & Milner, C. (2015). The impact of trade preferences on multilateral tariff cuts: evidence for Japan. Journal of the Japanese and International Economies, 38, https://doi.org/10.1016/j.jjie.2015.05.001

Opposing theoretical predictions about the effects of trade preferences on multilateral tariff cuts point to the need for empirical analysis to determine whether preferential trade agreements promote or hinder multilateral trade liberalization. This... Read More about The impact of trade preferences on multilateral tariff cuts: evidence for Japan.

Technology choice and environmental regulation under asymmetric information (2015)
Journal Article
D'Amato, A., & Dijkstra, B. (2015). Technology choice and environmental regulation under asymmetric information. Resource and Energy Economics, 41, https://doi.org/10.1016/j.reseneeco.2015.05.001

We focus on the incentives of an industry with a continuum of small firms to invest in a cleaner technology under two environmental policy instruments: tradable emission permits and emission taxation. We assume asymmetric information, in that the fir... Read More about Technology choice and environmental regulation under asymmetric information.

Public debt and growth: heterogeneity and non-linearity (2015)
Journal Article
Eberhardt, M., & Presbitero, A. F. (2015). Public debt and growth: heterogeneity and non-linearity. Journal of International Economics, 97(1), https://doi.org/10.1016/j.jinteco.2015.04.005

We study the long-run relationship between public debt and growth in a large panel of countries. Our analysis builds on theoretical arguments and data considerations in modelling the debt-growth relationship as heterogeneous across countries. We inve... Read More about Public debt and growth: heterogeneity and non-linearity.

A model of protocoalition bargaining with breakdown probability (2015)
Journal Article
Montero, M. (2015). A model of protocoalition bargaining with breakdown probability. Games, 6(2), https://doi.org/10.3390/g6020039

This paper analyses a model of legislative bargaining in which parties form tentative coalitions (protocoalitions) before deciding on the allocation of a resource. Protocoalitions may fail to reach an agreement, in which case they may be dissolved (b... Read More about A model of protocoalition bargaining with breakdown probability.

Investment liberalisation, technology take-off and export market entry: does foreign ownership structure matter? (2015)
Journal Article
Girma, S., Gong, Y., Görg, H., & Lancheros, S. (2015). Investment liberalisation, technology take-off and export market entry: does foreign ownership structure matter?. Journal of Economic Behavior and Organization, 116, https://doi.org/10.1016/j.jebo.2015.04.008

In the run up to its accession to the WTO in 2001, China has undergone far-reaching investment liberalisation. As part of this investment liberalisation process, existing restrictions on foreign ownership structure and mandatory export and technology... Read More about Investment liberalisation, technology take-off and export market entry: does foreign ownership structure matter?.

Lobbying expenditures on migration: a descriptive analysis (2015)
Journal Article
Facchini, G., Mayda, A. M., & Mishra, P. (2015). Lobbying expenditures on migration: a descriptive analysis. CESifo Economic Studies, 61(3-4), https://doi.org/10.1093/cesifo/ifv003

In this paper we carry out a descriptive analysis of lobbying expenditures on migration in the US between 1998 and 2005. While PAC contributions and lobbying are in general positively correlated, our results suggest that this is not the case when it... Read More about Lobbying expenditures on migration: a descriptive analysis.

Gone for good? Subsidies with export share requirements in China: 2002–13 (2015)
Journal Article
Defever, F., & Riaño, A. (2015). Gone for good? Subsidies with export share requirements in China: 2002–13. World Bank Economic Review, 29(supp 1), S135-S144. https://doi.org/10.1093/wber/lhv020

This paper presents a simple model of subsidies with export share requirements (ESR) in a heterogeneous firm environment. A two-country general equilibrium version of the model with a single 100% ESR is calibrated using firm-level data from the 2002... Read More about Gone for good? Subsidies with export share requirements in China: 2002–13.

Stated and revealed inequality aversion in three subject pools (2015)
Journal Article
Beranek, B., Cubitt, R. P., & Gaechter, S. (2015). Stated and revealed inequality aversion in three subject pools. Journal- Economic Science Association, 1(1), https://doi.org/10.1007/s40881-015-0007-1

This paper reports data from three subject pools (n=717 subjects) using techniques based on those of Loewenstein, et al. (1989) and Blanco, et al. (2011) to obtain parameters, respectively, of stated and revealed inequality aversion. We provide a re... Read More about Stated and revealed inequality aversion in three subject pools.

A bargaining procedure leading to the serial rule in games with veto players (2015)
Journal Article
Arin, J., Feltkamp, V., & Montero, M. (2015). A bargaining procedure leading to the serial rule in games with veto players. Annals of Operations Research, 229(1), https://doi.org/10.1007/s10479-015-1841-5

This paper studies an allocation procedure for coalitional games with veto players. The procedure is similar to the one presented by Arin and Feltkamp (J Math Econ 43:855-870, 2007), which is based on Dagan et al. (Games Econ Behav 18:55-72, 1997). A... Read More about A bargaining procedure leading to the serial rule in games with veto players.

Nonparametric specification tests for stochastic volatility models based on volatility density (2015)
Journal Article
Zu, Y. (2015). Nonparametric specification tests for stochastic volatility models based on volatility density. Journal of Econometrics, 187(1), 323-344. https://doi.org/10.1016/j.jeconom.2015.02.045

© 2015 Elsevier B.V. This paper develops a specification test for stochastic volatility models by comparing the nonparametric kernel deconvolution density estimator of an integrated volatility density with its parametric counterpart. L2 distance is u... Read More about Nonparametric specification tests for stochastic volatility models based on volatility density.

Institutions, Corporate Governance and Capital Flows (2015)
Journal Article
Mukherjee, R. (2015). Institutions, Corporate Governance and Capital Flows. Journal of International Economics, 96(2), 338-359. https://doi.org/10.1016/j.jinteco.2015.03.001

Countries with weaker domestic investor protection hold less diversified international portfolios. An equilibrium business cycle model of North-South capital flow with corporate governance frictions between outside investors and corporate insiders ex... Read More about Institutions, Corporate Governance and Capital Flows.

Morality in intergroup conflict (2015)
Journal Article
Halevy, N., Kreps, T. A., Weisel, O., & Goldenberg, A. (in press). Morality in intergroup conflict. Current Opinion in Psychology, 6, https://doi.org/10.1016/j.copsyc.2015.03.006

Intergroup conflict encompasses a broad range of situations with moral relevance. Researchers at the intersection of social and moral psychology employ diverse methodologies, including surveys, moral dilemmas, economic games, and neuroimaging, to stu... Read More about Morality in intergroup conflict.

Testing for no factor structures: on the use of Hausman-type statistics (2015)
Journal Article
Castagnetti, C., Rossi, E., & Trapani, L. (2015). Testing for no factor structures: on the use of Hausman-type statistics. Economics Letters, 130, https://doi.org/10.1016/j.econlet.2015.02.030

Castagnetti et al. (2015) propose two max-type statistics to test for the presence of a factor structure in a large stationary panel data model. In this contribution, we study the use of Hausman-type statistics based on the CCE estimator of Pesaran (... Read More about Testing for no factor structures: on the use of Hausman-type statistics.

The political economy of migration enforcement: domestic versus border control (2015)
Journal Article
Facchini, G., & Testa, C. (2015). The political economy of migration enforcement: domestic versus border control. CESifo Economic Studies, 61(3-4), https://doi.org/10.1093/cesifo/ifv005

We study migration policy enforcement by an elected government. The policy-maker faces uncertainty on the supply of migrants, but has more information than the public on its preferences and the extent and effectiveness of its enforcement activities.... Read More about The political economy of migration enforcement: domestic versus border control.