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Special economic zones and WTO compliance: evidence from the Dominican Republic (2018)
Journal Article
Defever, F., Riaño, A., Reyes, J.-D., & Sanchez-Martin, M. E. (2019). Special economic zones and WTO compliance: evidence from the Dominican Republic. Economica, 86(343), 532-568. https://doi.org/10.1111/ecca.12276

Special economic zones (SEZ), one of the most important instruments of industrial policy used in developing countries, often impose export share requirements (ESR). That is, firms located in SEZ are required to export more than a certain share of the... Read More about Special economic zones and WTO compliance: evidence from the Dominican Republic.

Evolutionary games and matching rules (2018)
Journal Article
Jensen, M. K., & Rigos, A. (2018). Evolutionary games and matching rules. International Journal of Game Theory, 47(3), 707-735. https://doi.org/10.1007/s00182-018-0630-1

This study considers evolutionary games with non-uniformly random matching when interaction occurs in groups of n≥2 individuals using pure strategies from a finite strategy set. In such models, groups with different compositions of individuals genera... Read More about Evolutionary games and matching rules.

National macroprudential policies in the Euro Area: flexibility vs. supervision (2018)
Journal Article
Rubio, M. (2018). National macroprudential policies in the Euro Area: flexibility vs. supervision. Economics Letters, 170, https://doi.org/10.1016/j.econlet.2018.05.036

In this paper, I shed some light on a much discussed topic in the policy debate: Should national macroprudential policies be supervised by a supranational entity in a monetary union? To do so, I develop a two-country DSGE monetary union model, which... Read More about National macroprudential policies in the Euro Area: flexibility vs. supervision.

Labour market and intra-household dynamics in urban Tanzania (2018)
Journal Article
Bridges, S., Gaggero, A., & Owens, T. (2018). Labour market and intra-household dynamics in urban Tanzania

While a large body of literature documents the existence of informal arrangements to share risk across and within households, there has been little research on the various coping strategies through which risk sharing takes place, and how these strate... Read More about Labour market and intra-household dynamics in urban Tanzania.

A Bootstrap Stationarity Test for Predictive Regression Invalidity (2018)
Journal Article
Georgiev, I., Harvey, D. I., Leybourne, S. J., & Taylor, A. R. (2018). A Bootstrap Stationarity Test for Predictive Regression Invalidity. Journal of Business and Economic Statistics, 37(3), 528-541. https://doi.org/10.1080/07350015.2017.1385467

In order for predictive regression tests to deliver asymptotically valid inference, account has to be taken of the degree of persistence of the predictors under test. There is also a maintained assumption that any predictability in the variable of in... Read More about A Bootstrap Stationarity Test for Predictive Regression Invalidity.

Existence and indeterminacy of Markovian equilibria in dynamic bargaining games (2018)
Journal Article
Anesi, V., & Duggan, J. (2018). Existence and indeterminacy of Markovian equilibria in dynamic bargaining games. Theoretical Economics, 13(2), 505-525. https://doi.org/10.3982/TE2215

The paper studies stationary Markov perfect equilibria in multidimensional models of dynamic bargaining, in which the alternative chosen in one period determines the status quo for the next. We generalize a sufficient condition for existence of equi... Read More about Existence and indeterminacy of Markovian equilibria in dynamic bargaining games.

Commitment to political ideology is a luxury only students can afford: a distributive justice experiment (2018)
Journal Article
Demel, S., Barr, A., Miller, L., & Ubeda, P. (2019). Commitment to political ideology is a luxury only students can afford: a distributive justice experiment. Journal of Experimental Political Science, 6(1), 33-42. https://doi.org/10.1017/XPS.2018.14

Using a political-frame-free, lab-in-the-field experiment, we investigate the associations between employment status, self-reported political ideology, and preferences for redistribution. The experiment consists of a real-effort task, followed by a f... Read More about Commitment to political ideology is a luxury only students can afford: a distributive justice experiment.

Societal background influences social learning in cooperative decision making (2018)
Journal Article
Molleman, L., & Gaechter, S. (2018). Societal background influences social learning in cooperative decision making. Evolution and Human Behavior, 39(5), https://doi.org/10.1016/j.evolhumbehav.2018.05.007

Humans owe their ecological success to their great capacities for social learning and cooperation: learning from others helps individuals adjust to their environment and can promote cooperation in groups. Classic and recent studies indicate that the... Read More about Societal background influences social learning in cooperative decision making.

Tranexamic acid for hyperacute primary IntraCerebral Haemorrhage (TICH-2): an international randomised, placebo-controlled, phase 3 superiority trial (2018)
Journal Article
Sprigg, N., Flaherty, K., Appleton, J. P., Al-Shahi Salman, R., Bereczki, D., Beridze, M., Christensen, H., Ciccone, A., Collins, R., Czlonkowska, A., Dineen, R. A., Duley, L., Egea-Guerrero, J. J., England, T. J., Krishnan, K., Laska, A. C., Law, Z. K., Ozturk, S., Pocock, S. J., Roberts, I., …Bath, P. M. (2018). Tranexamic acid for hyperacute primary IntraCerebral Haemorrhage (TICH-2): an international randomised, placebo-controlled, phase 3 superiority trial. Lancet, 391(10135), 2107-2115. https://doi.org/10.1016/S0140-6736%2818%2931033-X

Background
Tranexamic acid (TXA) reduces death due to bleeding after trauma and post-partum haemorrhage. The aim was to assess if tranexamic acid reduces haematoma expansion and improves outcome in adults with stroke due to intracerebral 6 haemorrha... Read More about Tranexamic acid for hyperacute primary IntraCerebral Haemorrhage (TICH-2): an international randomised, placebo-controlled, phase 3 superiority trial.

Exchange rate regimes, devaluations and growth collapses (2018)
Journal Article
Bleaney, M., Saxena, S., & Yin, L. (2018). Exchange rate regimes, devaluations and growth collapses. Journal of Macroeconomics, 57, https://doi.org/10.1016/j.jmacro.2018.05.002

The loss of output in major recessions tends to be permanent. Using IMF de facto exchange rate regime classifications over the period 1980 to 2012 for up to 193 countries, it is shown that growth collapses are more frequent under less flexible exchan... Read More about Exchange rate regimes, devaluations and growth collapses.

Non-tariff and overall protection: evidence across countries and over time (2018)
Journal Article
Niu, Z., Liu, C., Gunessee, S., & Milner, C. (2018). Non-tariff and overall protection: evidence across countries and over time. Review of World Economics, 154(4), 675–703. https://doi.org/10.1007/s10290-018-0317-5

This paper analyzes the evolution of the incidence and intensity of non-tariff measures (NTMs). It extends earlier work by measuring protection from NTMs over time from a newly available database and provides evidence on the evolution of NTMs. In par... Read More about Non-tariff and overall protection: evidence across countries and over time.

The role of uncertainty, sentiment and cross-country interactions in G7 output dynamics (2018)
Journal Article
Garratt, A., Lee, K., & Shields, K. (2018). The role of uncertainty, sentiment and cross-country interactions in G7 output dynamics. Canadian Journal of Economics / Revue Canadienne d'Économique, 51(2), 391-418. https://doi.org/10.1111/caje.12325

Output fluctuations in the G7 are characterised using a VAR model of countries' actual and expected outputs and uncertainty over these. New measures are developed to quantify the relative importance of economic prospects-versus-uncertainty, global-ve... Read More about The role of uncertainty, sentiment and cross-country interactions in G7 output dynamics.

Misperceptions about Tax Audits (2018)
Journal Article
Bérgolo, M., Ceni, R., Cruces, G., Giaccobasso, M., & Perez-Truglia, R. (2018). Misperceptions about Tax Audits. AEA Papers and Proceedings, 108, 83-87. https://doi.org/10.1257/pandp.20181039

For some entities, the utility-maximizing evasion rate depends substantially on tax audit features, such as audit probabilities and penalty rates. Bergolo et al. (2017) document large misperceptions about these features. In this paper, we expand the... Read More about Misperceptions about Tax Audits.

The microeconomic impact of political instability: firm-level evidence from Tunisia (2018)
Journal Article
Matta, S., Appleton, S., & Bleaney, M. (2018). The microeconomic impact of political instability: firm-level evidence from Tunisia. Review of Development Economics, 22(4), 1590-1619. https://doi.org/10.1111/rode.12388

This paper explores the impact of political instability on firms in the context of Tunisia which experienced a surge in political instability events after the 2011 Jasmine revolution. Using a new dataset, we show that political instability was a majo... Read More about The microeconomic impact of political instability: firm-level evidence from Tunisia.

Evaluating the use of real-time data in forecasting output levels and recessionary events in the US (2018)
Journal Article
Aristidou, C., Lee, K., & Shields, K. (2019). Evaluating the use of real-time data in forecasting output levels and recessionary events in the US. Journal of the Royal Statistical Society: Series A, 182(1), 131-163. https://doi.org/10.1111/rssa.12366

The paper proposes a modelling framework and evaluation procedure to judge the usefulness of real-time datasets incorporating past data vintages and survey expectations in forecasting. The analysis is based on `meta models' obtained using model-avera... Read More about Evaluating the use of real-time data in forecasting output levels and recessionary events in the US.

South-South migration and the labor market: evidence from South Africa (2018)
Journal Article
Biavaschi, C., Facchini, G., Mayda, A. M., & Mendola, M. (2018). South-South migration and the labor market: evidence from South Africa. Journal of Economic Geography, 18(4), 823-853. https://doi.org/10.1093/jeg/lby010

Using census data for 1996, 2001 and 2007 we study the labor market effect of immigration to South Africa. We exploit the variation – both at the district and at the national level –in the share of foreign–born male workers across schooling and exper... Read More about South-South migration and the labor market: evidence from South Africa.

The strength of sensitivity to ambiguity (2018)
Journal Article
Cubitt, R., van de Kuilen, G., & Mukerji, S. (2018). The strength of sensitivity to ambiguity. Theory and Decision, 85(3-4), 275-302. https://doi.org/10.1007/s11238-018-9657-9

We report an experiment where each subject’s ambiguity sensitivity is measured by an ambiguity premium, a concept analogous to and comparable with a risk premium. In our design, some tasks feature known objective risks and others uncertainty about wh... Read More about The strength of sensitivity to ambiguity.

What drives the legalization of immigrants?: evidence from IRCA (2018)
Journal Article
Casarico, A., Facchini, G., & Frattini, T. (2018). What drives the legalization of immigrants?: evidence from IRCA. Regional Science and Urban Economics, 70, https://doi.org/10.1016/j.regsciurbeco.2018.01.009

We develop a model to understand the trade–offs faced by an elected representative in supporting an amnesty when a restrictive immigration policy is in place. We show that an amnesty is more desirable the more restricted are the occupational opportun... Read More about What drives the legalization of immigrants?: evidence from IRCA.

Intergenerational mobility in socio-economic status in Ethiopia (2018)
Journal Article
Haile, G. (2018). Intergenerational mobility in socio-economic status in Ethiopia. Journal of International Development, 30(8), 1392-1413. https://doi.org/10.1002/jid.3360

Using data from two comprehensive national Labour Force Surveys and monetary and non-monetary outcomes, we examine the extent of intergenerational mobility in Ethiopia. Results from OLS and Quantile regression suggest moderate to high levels of earni... Read More about Intergenerational mobility in socio-economic status in Ethiopia.

Financial constraints and productivity: Evidence from euro area companies (2018)
Journal Article
Ferrando, A., & Ruggieri, A. (2018). Financial constraints and productivity: Evidence from euro area companies. International Journal of Finance and Economics, 23(3), 257-282. https://doi.org/10.1002/ijfe.1615

Using firm‐level data from the Bureau van Dijk‐Amadeus database, we study the relation between firms' financial structure, access to external finance, and total factor productivity in several euro area countries along the period 1995–2011. To do so,... Read More about Financial constraints and productivity: Evidence from euro area companies.