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Pooling, tranching, and credit expansion (2013)
Journal Article
Bougheas, S. (2014). Pooling, tranching, and credit expansion. Oxford Economic Papers, 66(2), https://doi.org/10.1093/oep/gpt029

Traditionally banks have used securitization for expanding credit and thus their profitability. It has been well documented that, at least before the 2008 crisis, many banks were keeping a high proportion of the securities that they created on their... Read More about Pooling, tranching, and credit expansion.

Housing-market heterogeneity in a monetary union (2013)
Journal Article
Rubio, M. (2014). Housing-market heterogeneity in a monetary union. Journal of International Money and Finance, 40, 163-184. https://doi.org/10.1016/j.jimonfin.2013.06.013

This paper studies the implications of cross-country housing-market heterogeneity in a monetary union for both shock transmission and welfare. I develop a two-country new Keynesian general equilibrium model with housing and collateral constraints to... Read More about Housing-market heterogeneity in a monetary union.

The demand for tobacco in post-unification Italy (2013)
Journal Article
Ciccarelli, C., & De Fraja, G. (2014). The demand for tobacco in post-unification Italy. Cliometrica, 8(2), 145-171. https://doi.org/10.1007/s11698-013-0097-z

This paper studies the demand for tobacco products in post-unification Italy. We construct a very detailed panel data set of yearly consumption in the 69 Italian provinces from 1871 to 1913 and use it to estimate the demand for tobacco products. We f... Read More about The demand for tobacco in post-unification Italy.

What promotes greater use of the corporate bond market? A study of the issuance behaviour of firms in Asia (2013)
Journal Article
Mizen, P., & Tsoukas, S. (2014). What promotes greater use of the corporate bond market? A study of the issuance behaviour of firms in Asia. Oxford Economic Papers, 66(1), 227-253. https://doi.org/10.1093/oep/gpt005

This paper investigates bond market development in Asia by exploring the determinants of firms’ decisions to issue public debt in a range of Asian economies. Using a novel database covering the period 1995 to 2007, we use comparable micro level panel... Read More about What promotes greater use of the corporate bond market? A study of the issuance behaviour of firms in Asia.

On the social nature of eyes: the effect of social cues in interaction and individual choice tasks (2013)
Journal Article
Baillon, A., Selim, A., & van Dolder, D. (2013). On the social nature of eyes: the effect of social cues in interaction and individual choice tasks. Evolution and Human Behavior, 34(2), https://doi.org/10.1016/j.evolhumbehav.2012.12.001

In an experimental setting, we applied a dual strategy to better understand the effect of pictures of eyes on human behavior. First, we investigated whether the effect of eyes was limited to interaction tasks in which the subjects’ decisions influenc... Read More about On the social nature of eyes: the effect of social cues in interaction and individual choice tasks.

Unit Root Testing under a Local Break in Trend using Partial Information on the Break Date* (2013)
Journal Article
Harvey, D. I., Leybourne, S. J., & Robert Taylor, A. (2014). Unit Root Testing under a Local Break in Trend using Partial Information on the Break Date*. Oxford Bulletin of Economics and Statistics, 76(1), 93-111. https://doi.org/10.1111/obes.12013

We consider unit root testing allowing for a break in trend when partial information is available regarding the location of the break date. This takes the form of knowledge of a relatively narrow window of data within which the break takes place, sho... Read More about Unit Root Testing under a Local Break in Trend using Partial Information on the Break Date*.

Labor market effects of unemployment insurance design (2012)
Journal Article
Tatsiramos, K., & Van Ours, J. (2014). Labor market effects of unemployment insurance design. Journal of Economic Surveys, 28(2), https://doi.org/10.1111/joes.12005

With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we focus on the recent theoretical and empirical evidence on the labor market effects of UI design. We provide an ov... Read More about Labor market effects of unemployment insurance design.

Two key steps in the evolution of human cooperation: the interdependence hypothesis (2012)
Journal Article
Tomasello, M., Melis, A. P., Tennie, C., Wyman, E., & Herrmann, E. (2012). Two key steps in the evolution of human cooperation: the interdependence hypothesis. Current Anthropology, 53(6), https://doi.org/10.1086/668207

Modern theories of the evolution of human cooperation focus mainly on altruism. In contrast, we propose that humans’ species-unique forms of cooperation—as well as their species-unique forms of cognition, communication, and social life—all derive fro... Read More about Two key steps in the evolution of human cooperation: the interdependence hypothesis.

Cost effectiveness of epidural steroid injections to manage chronic lower back pain (2012)
Journal Article
Whynes, D. K., McCahon, R. A., Ravenscroft, A., & Hardman, J. (2012). Cost effectiveness of epidural steroid injections to manage chronic lower back pain. BMC Anesthesiology, 12(26), Article 26. https://doi.org/10.1186/1471-2253-12-26

Background
The efficacy of epidural steroid injections in the management of chronic low back pain is disputed, yet the technique remains popular amongst physicians and patients alike. This study assesses the cost effectiveness of injections administ... Read More about Cost effectiveness of epidural steroid injections to manage chronic lower back pain.

A cooperative instinct (2012)
Journal Article
Gaechter, S. (2012). A cooperative instinct. Nature, 489(7416), https://doi.org/10.1038/489374a

Acting on a gut feeling may sometimes lead to poor decisions, but it will usually support the common good, according to a study showing that human intuition favours cooperative, rather than selfish, behaviour.

How a firm can induce legislators to adopt a bad policy (2012)
Journal Article
Dahm, M., Dur, R., & Glazer, A. (2014). How a firm can induce legislators to adopt a bad policy. Public Choice, 159(1-2), https://doi.org/10.1007/s11127-012-0016-z

This paper shows why a majority of legislators may vote for a policy that benefits a firm but harms all legislators. The firm may induce legislators to support the policy by suggesting that it is more likely to invest in a district where voters or th... Read More about How a firm can induce legislators to adopt a bad policy.

The more the better?: foreign ownership and corporate performance in China (2012)
Journal Article
Yu, Z., Greenaway, D., & Guariglia, A. (2014). The more the better?: foreign ownership and corporate performance in China. European Journal of Finance, 20(7-9), https://doi.org/10.1080/1351847X.2012.671785

We examine the relationship between the degree of foreign ownership and performance of recipient firms, using a panel of 21,582 Chinese firms over the period 2000–2005. We find that joint-ventures perform better than wholly foreign-owned and purely d... Read More about The more the better?: foreign ownership and corporate performance in China.

Estimating panel time-series models with heterogeneous slopes (2012)
Journal Article
Eberhardt, M. (2012). Estimating panel time-series models with heterogeneous slopes. Stata Journal, 12(1), 61-71. https://doi.org/10.1177/1536867x1201200105

This article introduces a new Stata command, xtmg, that implementsthree panel time-series estimators, allowing for heterogeneous slope coefficients across group members: the Pesaran and Smith (1995, Journal of Econometrics 68: 79-113) mean group esti... Read More about Estimating panel time-series models with heterogeneous slopes.

Coöperatie in spelshows (2012)
Book Chapter
van den Assem, M. J., & van Dolder, D. (2012). Coöperatie in spelshows. In V. Buskens, & I. Maas (Eds.), Samenwerking in sociale dilemma's: voorbeelden van Nederlands onderzoek. Amsterdam University Press

In this chapter, we argue that game shows can be a useful source of data to study cooperative behavior. The unique combination of well-defined decision problems and large stakes makes game show data complementary to both experimental and field data.... Read More about Coöperatie in spelshows.

Split or steal? Cooperative behavior when the stakes are large (2011)
Journal Article
van den Assem, M. J., van Dolder, D., & Thaler, R. H. (2011). Split or steal? Cooperative behavior when the stakes are large. Management Science, 58(1), https://doi.org/10.1287/mnsc.1110.1413

We examine cooperative behavior when large sums of money are at stake, using data from the TV game show “Golden Balls”. At the end of each episode, contestants play a variant on the classic Prisoner’s Dilemma for large and widely ranging stakes avera... Read More about Split or steal? Cooperative behavior when the stakes are large.

Volatility, financial constraints, and trade (2011)
Journal Article
García-Vega, M., Guariglia, A., & Spaliara, M.-E. (2012). Volatility, financial constraints, and trade. International Review of Economics and Finance, 21(1), 57-76. https://doi.org/10.1016/j.iref.2011.05.003

We construct a dynamic monopolistic competition model with heterogeneous firms to study the links between firms' earnings volatility, their degree of financial constraints, their survival probabilities, and their export market participation decisions... Read More about Volatility, financial constraints, and trade.

Determinants of International R&D Outsourcing: The Role of Trade (2011)
Journal Article
García-Vega, M., & Huergo, E. (2011). Determinants of International R&D Outsourcing: The Role of Trade. Review of Development Economics, 15(1), 93-107. https://doi.org/10.1111/j.1467-9361.2010.00595.x

This paper investigates the determinants of international R&D outsourcing, in particular the role of trade. We sketch a monopolistic competition model with heterogeneous firms where outsourcing increases a firm's fixed transaction costs as well as it... Read More about Determinants of International R&D Outsourcing: The Role of Trade.

Econometrics for grumblers: A new look at the literature on cross-country growth empirics (2011)
Journal Article
Eberhardt, M., & Teal, F. (2011). Econometrics for grumblers: A new look at the literature on cross-country growth empirics. Journal of Economic Surveys, 25(1), 109-155. https://doi.org/10.1111/j.1467-6419.2010.00624.x

Abstract Since the seminal contribution of N. Gregory Mankiw, David Romer and David N. Weil in 1992 the growth empirics literature has used increasingly sophisticated methods to select relevant growth determinants in estimating cross-section growth r... Read More about Econometrics for grumblers: A new look at the literature on cross-country growth empirics.

Determinants of abandoning innovative activities: Evidence from Spanish firms (2010)
Journal Article
Garcia-Vega, M., & Lopez, A. (2010). Determinants of abandoning innovative activities: Evidence from Spanish firms. Cuadernos de Economía y Dirección de la Empresa, 13(45), 69-91. https://doi.org/10.1016/S1138-5758%2810%2970024-4

We empirically analyse the effect of firms’ barriers to innovation on the probability of abandoning innovation projects. Specifically, we study factors related to the availability of finance, knowledge and market conditions. We use a sample of more t... Read More about Determinants of abandoning innovative activities: Evidence from Spanish firms.

Conditional Cooperation and Costly Monitoring Explain Success in Forest Commons Management (2010)
Journal Article
Rustagi, D., & Engel, S. (2010). Conditional Cooperation and Costly Monitoring Explain Success in Forest Commons Management. Science, 330(6006), 961-965. https://doi.org/10.1126/science.1193649

Recent evidence suggests that prosocial behaviors like conditional cooperation and costly norm enforcement can stabilize large-scale cooperation for commons management. However, field evidence on the extent to which variation in these behaviors among... Read More about Conditional Cooperation and Costly Monitoring Explain Success in Forest Commons Management.