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Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States (2023)
Book Chapter
Rueda, V. (2023). Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States. In R. Sauer (Ed.), World Scientific Handbook of Global Migration : Volume 3: Types of Migrants and Economies: A Global Perspective. World Scientific

Do ancestry differences at the local level have persistent effects on economic success inside the United States? Using data from the American Community Survey, and genetic and cultural measures of ancestry distance from the recent literature, this ar... Read More about Does it Really Matter How Different We Are? Ancestry Distances and Income in the United States.

Bargaining in Legislatures: A New Donation Paradox (2023)
Book Chapter
Montero, M. (2023). Bargaining in Legislatures: A New Donation Paradox. In S. Kurz, N. Maaser, & A. Mayer (Eds.), Advances in Collective Decision Making: Interdisciplinary Perspectives for the 21st Century (159-171). Springer. https://doi.org/10.1007/978-3-031-21696-1_10

It is well known that being the proposer or agenda setter is advantagenous in many collective decision making situations. In the canonical model of distributive bargaining (Baron and Ferejon, 1989), proposers are certain of being part of the coalitio... Read More about Bargaining in Legislatures: A New Donation Paradox.

Covid-19 and the Media (2022)
Book Chapter
Ananyev, M., Poyker, M., & Tian, Y. (2022). Covid-19 and the Media. In K. F. Zimmermann (Ed.), Handbook of Labor, Human Resources and Population Economics. Springer International Publishing. https://doi.org/10.1007/978-3-319-57365-6_329-1

This chapter describes the growing literature on the effects of media on Covid-19-related outcomes. First, it discusses the papers related to traditional media. In particular, it discusses the literature that studies the effect of public messages, mi... Read More about Covid-19 and the Media.

A Meta Model Analysis of Exchange Rate Determination (2022)
Book Chapter
Aristidou, C., Lee, K., & Shields, K. (2022). A Meta Model Analysis of Exchange Rate Determination. . Emerald Publishing Limited. https://doi.org/10.1108/s0731-90532021000043a010

A novel approach to modeling exchange rates is presented based on a set of models distinguished by the drivers of the rate and regime duration. The models are combined into a “meta model” using model averaging and non-nested hypothesis-testing techni... Read More about A Meta Model Analysis of Exchange Rate Determination.

China's Dual Export Sector (2019)
Book Chapter
Riano, A., & Defever, F. (2019). China's Dual Export Sector. In WTO and Economic Development. Massachusetts Institute of Technology Press (MIT Press)

China has transitioned from being an almost autarkic economy to become the world's largest exporter in less than three decades. Given this unique transformation, this paper investigates if the key stylized facts that characterize the behavior of fir... Read More about China's Dual Export Sector.

Systemic risk and macroeconomic fat tails (2017)
Book Chapter
Bougheas, S., Harvey, D., & Kirman, A. (2018). Systemic risk and macroeconomic fat tails. In P. Commendatore, I. Kubin, S. Bougheas, A. Kirman, M. Kopel, & G. I. Bischi (Eds.), The economy as a complex spatial system (119-136). Cham: Springer. https://doi.org/10.1007/978-3-319-65627-4_6

We propose a mechanism for shock amplification that potentially can account for fat tails in the distribution of the growth rate of national output. We argue that extreme macroeconomic events, such as the Great Depression and the Great Recession, wer... Read More about Systemic risk and macroeconomic fat tails.

Showdown in Schönau: a contest case study (2017)
Book Chapter
Dijkstra, B. R., & Graichen, P. R. (in press). Showdown in Schönau: a contest case study. In W. Buchholz, & D. T. Rübbelke (Eds.), The theory of externalities and public goods: essays in memory of Richard C. Cornes (299-326). Springer. https://doi.org/10.1007/978-3-319-49442-5_15

This chapter analyzes a referendum campaign as a case study of a contest. The referendum, held in 1996 in the small German town of Schönau, led to the replacement of the conventional electricity supplier by a firm founded by the local environmentalis... Read More about Showdown in Schönau: a contest case study.

Evolution of consistent conjectures in semi-aggregative representation of games, with applications to public good games and contests (2017)
Book Chapter
Possajennikov, A. (2017). Evolution of consistent conjectures in semi-aggregative representation of games, with applications to public good games and contests. In W. Buchholz, & D. Ruebbelke (Eds.), The theory of externalities and public goods: essays in memory of Richard C. Cornes (85-105). Springer. https://doi.org/10.1007/978-3-319-49442-5_5

In a semi-aggregative representation of a game, the payoff of a player depends on a player's own strategy and on a personalized aggregate of all players' strategies. Suppose that each player has a conjecture about the reaction of the personalized agg... Read More about Evolution of consistent conjectures in semi-aggregative representation of games, with applications to public good games and contests.

Product and labor market entry costs, underemployment and international trade (2017)
Book Chapter
Bougheas, S., & Riezman, R. (2017). Product and labor market entry costs, underemployment and international trade. In B. J. Christensen, & C. Kowalczyk (Eds.), Globalization: strategies and effects (19-45). Springer. https://doi.org/10.1007/978-3-662-49502-5_2

We develop a small, open economy, two-sector model with heterogeneous agents and endogenous participation in a labor matching market. There are two types of agents: workers and entrepreneurs. Both populations are heterogeneous. Workers are distinguis... Read More about Product and labor market entry costs, underemployment and international trade.

Producer services and trade liberalization (2017)
Book Chapter
Breinlich, H. (2017). Producer services and trade liberalization. In D. Richardson, N. Castree, M. M. Goodchild, A. Kobayashi, W. Liu, & R. A. Marston (Eds.), The International Encyclopedia of Geography. John Wiley & Sons, Ltd. https://doi.org/10.1002/9781118786352.wbieg0460

Trade liberalization and recent advances in communication and information technologies increasingly permit the trade of producer services across borders. This entry discusses research on the nature and importance of such trade, and on the consequence... Read More about Producer services and trade liberalization.

England and Wales: Empirical Findings (2016)
Book Chapter
Kemp, V., & Hodgson, J. (2016). England and Wales: Empirical Findings. In M. Vanderhallen, M. V. Oosterhout, M. Panzavolta, & D. D. Vocht (Eds.), Interrogating young suspects: procedural safeguards from an empirical perspective. Intersentia

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.

Complex financial networks and systemic risk: a review (2015)
Book Chapter
Bougheas, S., & Kirman, A. (2015). Complex financial networks and systemic risk: a review. In P. Commendatore, S. Kayam, & I. Kubin (Eds.), Complexity and Geographical Economics: Topics and Tools. Springer International Publishing. https://doi.org/10.1007/978-3-319-12805-4_6

In this paper we review recent advances in financial economics in relation to the measurement of systemic risk. We start by reviewing studies that apply traditional measures of risk to financial institutions. However, the main focus of the review is... Read More about Complex financial networks and systemic risk: a review.

Belief aggregation in financial markets and the nature of price fluctuations (2015)
Book Chapter
Schoch, D. (2015). Belief aggregation in financial markets and the nature of price fluctuations. In V. Huynh, V. Kreinovich, S. Sriboonchitta, & K. Suriya (Eds.), Econometrics of risk. Springer Verlag. https://doi.org/10.1007/978-3-319-13449-9

We present a model of financial markets, where the belief of the market, expressed by a normal distribution over asset returns, is formed by aggregating in a dynamically consistent way individual subjective beliefs of the market participants, which a... Read More about Belief aggregation in financial markets and the nature of price fluctuations.

How to make experimental economics research more reproducible: lessons from other disciplines and a new proposal (2015)
Book Chapter
Maniadis, Z., Tufano, F., & List, J. A. (2015). How to make experimental economics research more reproducible: lessons from other disciplines and a new proposal. In C. A. Deck, E. Fatas, & T. Rosenblat (Eds.), Replication in Experimental Economics. Emerald Group Publishing Limited. https://doi.org/10.1108/S0193-230620150000018008

Efforts in the spirit of this special issue aim at improving the reproducibility of experimental economics, in response to the recent discussions regarding the “research reproducibility crisis.” We put this endeavour in perspective by summarizing the... Read More about How to make experimental economics research more reproducible: lessons from other disciplines and a new proposal.

Capital structure and the issuance of corporate bonds in emerging Asia (2014)
Book Chapter
Mizen, P., Packer, F., Remolona, E., & Tsoukas, S. (2014). Capital structure and the issuance of corporate bonds in emerging Asia. In I. J. Azis, & H. S. Shin (Eds.), Global Shock, Risks, and Asian Financial Reform. Edward Elgar. https://doi.org/10.4337/9781783477944

In emerging Asia's local-currency bond market, the government bond segments have largely come of age while the corporate bond markets have remained immature. This paper focuses on the question of what drives corporate bond issuance, an issue of great... Read More about Capital structure and the issuance of corporate bonds in emerging Asia.

How Much Influence does the Chinese State have Over CEOs and their Compensation? (2014)
Book Chapter
Bryson, A., Forth, J., & Zhou, M. (2014). How Much Influence does the Chinese State have Over CEOs and their Compensation?. In J. Ortega (Ed.), International perspectives on participation (1-23). Emerald. https://doi.org/10.1108/S0885-333920140000015001

All that we know about the CEO labour market in China comes from studies of public listed companies and State-owned enterprises (SOEs). This paper is the first to examine the operation of the CEO labour market across all industrial sectors of the Chi... Read More about How Much Influence does the Chinese State have Over CEOs and their Compensation?.

CEO Incentive Contracts in China: Why does City Location Matter? (2014)
Book Chapter
Bryson, A., Forth, J., & Zhou, M. (2014). CEO Incentive Contracts in China: Why does City Location Matter?. In J. Ortega (Ed.), International perspectives on participation (25-49). Emerald. https://doi.org/10.1108/S0885-333920140000015009

CEO incentive contracts are commonplace in China but their incidence varies significantly across Chinese cities. We show that city and provincial policy experiments help explain this variance. We examine the role of two policy experiments: the use of... Read More about CEO Incentive Contracts in China: Why does City Location Matter?.

Promoting cooperation: the distribution of reward and punishment power (2014)
Book Chapter
Nosenzo, D., & Sefton, M. (2014). Promoting cooperation: the distribution of reward and punishment power. In P. A. Van Lange, B. Rockenbach, & T. Yamagishi (Eds.), Reward and punishment in social dilemmas. Oxford University Press

Recent work in experimental economics on the effectiveness of rewards and punishments for promoting cooperation mainly examines decentralized incentive systems where all group members can reward and/or punish one another. Many self-organizing groups... Read More about Promoting cooperation: the distribution of reward and punishment power.