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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.

Bargaining in standing committees with an endogenous default (2015)
Journal Article
Anesi, V., & Seidmann, D. J. (2015). Bargaining in standing committees with an endogenous default. Review of Economic Studies, 82(3), 825-867. https://doi.org/10.1093/restud/rdv009

© The Author 2015. Committee voting has mostly been investigated from the perspective of the standard Baron-Ferejohn model of bargaining over the division of a pie, in which bargaining ends as soon as the committee reaches an agreement. In standing c... Read More about Bargaining in standing committees with an endogenous default.

Interaction, protection and epidemics (2015)
Journal Article
Goyal, S., & Vigier, A. (2015). Interaction, protection and epidemics. Journal of Public Economics, 125, 64-69. https://doi.org/10.1016/j.jpubeco.2015.02.010

© 2015. Individuals respond to the risk of contagious infections by restricting interaction and by investing in protection. We develop a model that examines the trade-off between these two actions and the consequences for infection rates.There exists... Read More about Interaction, protection and epidemics.

Focus on the success of others leads to selfish behavior (2015)
Journal Article
van den Berg, P., Molleman, L., & Weissing, F. J. (2015). Focus on the success of others leads to selfish behavior. Proceedings of the National Academy of Sciences, 112(9), https://doi.org/10.1073/pnas.1417203112

It has often been argued that the spectacular cognitive capacities of humans are the result of selection for the ability to gather, process, and use information about other people. Recent studies show that humans strongly and consistently differ in w... Read More about Focus on the success of others leads to selfish behavior.

Beyond chance? The persistence of performance in online poker (2015)
Journal Article
Potter van Loon, R. J., van den Assem, M. J., & van Dolder, D. (2015). Beyond chance? The persistence of performance in online poker. PLoS ONE, 10(3), Article e0115479. https://doi.org/10.1371/journal.pone.0115479

A major issue in the widespread controversy about the legality of poker and the appropriate taxation of winnings is whether poker should be considered a game of skill or a game of chance. To inform this debate we present an analysis into the role of... Read More about Beyond chance? The persistence of performance in online poker.

Aid and domestic resource mobilisation with a focus on sub-Saharan Africa (2015)
Journal Article
Morrissey, O. (2015). Aid and domestic resource mobilisation with a focus on sub-Saharan Africa. Oxford Review of Economic Policy, 31(3-4), https://doi.org/10.1093/oxrep/grv029

Increasing tax revenues in low income countries is essential to address future development finance requirements. This is particularly important for aid recipients, the focus of this paper. Theory shows that although there are many ways in which aid c... Read More about Aid and domestic resource mobilisation with a focus on sub-Saharan Africa.

Illegal immigration: policy perspectives and challenges (2015)
Journal Article
Casarico, A., Facchini, G., & Frattini, T. (2015). Illegal immigration: policy perspectives and challenges. CESifo Economic Studies, 61(3-4), https://doi.org/10.1093/cesifo/ifv004

The combination of increasing immigration pressures and restrictive policies imperfectly enforced by many destination countries has made illegal immigration widespread. This paper provides an overview of the mechanisms behind the formation of migrati... Read More about Illegal immigration: policy perspectives and challenges.