Search Results

Equilibrium Redistribution under Ex-ante Heterogeneity and Income-Dependent Voting,
Bo Hyun Chang, Yongsung Chang and Sun-Bin Kim, from Institute of Economic Research, Seoul National University (2019)
Keywords: Optimal Tax; Ex-ante Heterogeneity; Voting Turnout Rates

Improving portfolios global performance using a cleaned and robust covariance matrix estimate,
Emmanuelle Jay, Thibault Soler, Eugénie Terreaux, Jean-Philippe Ovarlez, Frédéric Pascal, Philippe de Peretti and Christophe Chorro, from HAL (2019)
Keywords: Robust Covariance Matrix Estimation,Model Order Selection,Random Matrix Theory,Portfolio Optimisation,Financial Time Series,Multi-Factor Model,Elliptical Symmetric Noise,Maximum Variety Portfolio

The future of UK Carbon pricing: Artificial Intelligence and the Emissions Trading System,
Marianne Ojo, from University Library of Munich, Germany (2019)
Keywords: Emissions Trading System; Artificial Intelligence; Vertical Integration; Block chain systems; Sustainable Development; energy; climate, environment; Ultra-Small Emitters Exemption; trade relationships; transparency; information disclosure

The Delimitation of Giffenity for The Wold-Juréen (1953) Utility Function Using Relative Prices: A Note,
Robert Sproule, from University Library of Munich, Germany (2019)
Keywords: Slutsky decomposition, Giffen paradox, Wold-Juréen (1953) utility function

Real indeterminacy and dynamics of asset price bubbles in general equilibrium,
Ngoc-Sang Pham, Cuong Le Van and Stefano Bosi, from University Library of Munich, Germany (2019)
Keywords: asset price bubble, real indeterminacy, borrowing constraint, intertemporal equilibrium, infinite horizon

Market power and welfare loss,
Carlos Merino Troncoso, from University Library of Munich, Germany (2019)
Keywords: welfare loss, inequality, demand elasticity

Cost additive rules in minimum cost spanning tree problems with multiple sources,
Gustavo Bergantiños and Leticia Lorenzo, from University Library of Munich, Germany (2019)
Keywords: minimum cost spanning tree problems, multiple sources, Kruskal sharing rules, axiomatic characterizations.

Causes of haze and its health effects in Singapore; a replication study,
Jan Kiviet, from University Library of Munich, Germany (2019)
Keywords: endogeneity robust inference, environmental economics, health economics, instrument invalidity, sensitivity analysis.

The location of the value theories in the complex plane and the degree of regularity-controllability of actual economies,
Theodore Mariolis, from University Library of Munich, Germany (2019)
Keywords: Almost irregular-uncontrollable system; Characteristic value distributions; Circulant matrices; Degree of regularity-controllability; Numerical rank; Value theories

Forecasting Aluminum Prices with Commodity Currencies,
Pablo Pincheira and Nicolas Hardy, from University Library of Munich, Germany (2019)
Keywords: Forecasting, commodities, aluminum, univariate time-series models, out-of-sample comparison, exchange rates.

Drawdown measures: Are they all the same?,
Olaf Korn, Philipp M. Möller and Christian Schwehm, from University of Cologne, Centre for Financial Research (CFR) (2019)
Keywords: Asset Management, Drawdown, Risk Measures, Performance Measurement

Heating with wind: Economics of heat pumps and variable renewables,
Oliver Ruhnau, Lion Hirth and Aaron Praktiknjo, from ZBW - Leibniz Information Centre for Economics (2020)
Keywords: Heat electrification, Renewable integration, Decarbonization, Flexible electricity demand, Electric heat pumps, Thermal storage, Wind energy, Power system modeling

Fixed-effects estimation of the linear discrete-time hazard model: An adjusted first-differences estimator,
Harald Tauchmann, from Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics (2019)
Keywords: linear probability model, individual fixed effects, short panel, discrete-time hazard, duration analysis, survival analysis, non-repeated event, absorbing state, survival bias, misscaling bias

Can market competition reduce anomalous behaviours,
Lawrence Choo and Xiaoyu Zhou, from Friedrich-Alexander University Erlangen-Nuremberg, Institute for Economics (2019)
Keywords: market competition, market selection hypothesis, auctions, bounded-rationality, red hat puzzle

The Leverage Factor: Credit Cycles and Asset Returns,
Josh Davis and Alan Taylor, from National Bureau of Economic Research, Inc (2019)

Dynamic Effects of Persistent Shocks,
Mario Alloza and Carlos Sanz, from Universidad Carlos III de Madrid. Departamento de Economía (2019)
Keywords: Impulse Response Function

Forecasting and stress testing with quantile vector autoregression,
Sulkhan Chavleishvili and Simone Manganelli, from European Central Bank (2019)
Keywords: growth at risk, multivariate quantiles, regression quantiles, structural VAR

The Behavioral Economics of Artificial Intelligence: Lessons from Experiments with Computer Players,
Christoph March, from CESifo (2019)
Keywords: experiment, robots, computer players, survey

Tracing the Genesis of Contagion in the Oil-Finance Nexus,
Scott Mahadeo, Reinhold Heinlein and Gabriella Legrenzi, from CESifo (2019)
Keywords: contagion, correlation, exchange rate, oil, stock market

Index Tracking with Cardinality Constraints: A Stochastic Neural Networks Approach,
Yu Zheng, Bowei Chen, Timothy M. Hospedales and Yongxin Yang, from arXiv.org (2019)

Optimal Taxation with Private Insurance,
Yena Park and Yongsung Chang, from Institute of Economic Research, Seoul National University (2018)
Keywords: Optimal Taxation; Private Insurance; Pecuniary Externalities; Variational Approach

Proxy VAR models in a data-rich environment,
Martin Bruns, from School of Economics, University of East Anglia, Norwich, UK. (2019)
Keywords: Dynamic factor models, external instruments, monetary policy, uncertainty shocks

What if We All Worked Gigs in the Cloud? The Economic Relevance of Digital Labour Platforms,
Steven Engels and Monika Sherwood, from Directorate General Economic and Financial Affairs (DG ECFIN), European Commission (2019)

Breaking the UIP: A Model-Equivalence Result,
Yossi Yakhin, from Bank of Israel (2020)
Keywords: UIP, Financial Frictions, Open Economy Macroeconomics

Cycles and Long-Range Behaviour in the European Stock Market,
Guglielmo Maria Caporale, Luis Gil-Alana and Carlos Poza, from CESifo (2019)
Keywords: European stock markets, long run behavior, cycles, persistence

Quantilograms under Strong Dependence,
Ji Hyung Lee, Oliver Linton and Yoon-Jae Whang, from Institute of Economic Research, Seoul National University (2018)
Keywords: Long Memory; Moving Block Bootstrap; Nonlinear Dependence; Quantilogram and Cross-Quantilgoram; Uniform Reduction Principle

A general model of synchronous updating with binary opinions,
Alexis Poindron, from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne (2019)
Keywords: opinion dynamics; convergence; absorbing class; groups; entropy

Robust covariance matrix estimation and portfolio allocation: the case of non-homogeneous assets,
Emmanuelle Jay, Thibault Soler, Jean-Philippe Ovarlez, Philippe De Peretti and Christophe Chorro, from Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne (2019)
Keywords: Robust Covariance Matrix Estimation; Model Order Selection; Random Matrix Theory; Portfolio Optimization; Elliptical Symmetric Noise

Monte Carlo Sampling Processes and Incentive Compatible Allocations in Large Economies,
Peter Hammond, Lei Qiao and Yeneng Sun, from University of Warwick, Department of Economics (2019)
Keywords: Law of large numbers ; Monte Carlo sampling process ; one-way Fubini property ; Hilbert space ; incentive compatibility ; asymmetric information ; Pareto efficiency

Latent Heterogeneity in the Marginal Propensity to Consume,
Daniel Lewis, Davide Melcangi and Laura Pilossoph, from Federal Reserve Bank of New York (2019)
Keywords: marginal propensity to consume; consumption; tax rebate; heterogeneous treatment effects; machine learning; clustering; C-means

Monte Carlo Sampling Processes and Incentive Compatible Allocations in Large Economies,
Peter Hammond, Lei Qiao and Yeneng Sun, from Centre for Research in Economic Theory and its Applications CRETA (2019)
Keywords: Law of large numbers ; Monte Carlo sampling process ; one-way Fubini property ; Hilbert space ; incentive compatibility ; asymmetric information ; Pareto efficiency Jel Classification: C65 ; D51 ; D61 ; D82

Efficient Particle MCMC with GMM likelihood representation,
Fabio Franco, from Tor Vergata University, CEIS (2019)
Keywords: Particle filter, Kalman filter, MCMC, Generalized Method of Moments, State Space, nonlinear Structural Dynamic model, Stochastic Volatility

A Class of N-player Colonel Blotto games with multidimensional private information,
Christian Ewerhart and Dan Kovenock, from Department of Economics - University of Zurich (2021)
Keywords: Colonel Blotto games, private information, Bayes-Nash equilibrium, generalized Dirichlet distributions, networks

The Big Shakeup: Making Sense of the OECD Digital Tax Proposals,
Jeffrey Trossman and Jeffrey Shafer, from C.D. Howe Institute (2019)
Keywords: Fiscal and Tax Policy; Business and Capital Taxation

A Theory of monetary union and financial integration,
Luca Fornaro, from Department of Economics and Business, Universitat Pompeu Fabra (2021)
Keywords: Monetary union, international financial integration, exchange rates, optimal currency area, capital flights, euro area.

Malthus Was Right: Explaining a Millennium of Stagnation,
Jakob Madsen, Peter Robertson and Longfeng Ye, from The University of Western Australia, Department of Economics (2019)
Keywords: Economic Growth, Economic Development, Convergence, Technological Progress, Malthusian Trap

Selection and educational attainment: Why some children are left behind? Evidence from a middle-income country,
Xavi Ramos and Luciana Méndez Errico, from Department of Applied Economics at Universitat Autonoma of Barcelona (2019)
Keywords: Schooling transition, selection, inequality, education, ethnicity, cognitive and noncognitive abilities, sequential dynamic model

Sequential bankruptcy problems,
Arantza Estévez-Fernández, José Manuel Giménez-Gómez and María José Solís-Baltadano, from Tinbergen Institute (2019)
Keywords: Sequential bankruptcy, upwards mechanism, downwards mechanism, twosteps mechanism, constrained equal awards rule, constrained equal losses rule, proportional rule

The evolution of inequality and social cohesion in Europe: 1957-2017,
Francesco Vercelli, from Bank of Italy, Economic Research and International Relations Area (2019)
Keywords: income inequality, European integration, Gini coefficient

Risky bank guarantees,
Taneli M�kinen, Lucio Sarno and Gabriele Zinna, from Bank of Italy, Economic Research and International Relations Area (2019)
Keywords: banks, sovereign risk, risk premium, government guarantee

Deterrence in sequential contests: An experimental study,
Arthur Nelson, from Department of Economics, Florida State University (2019)
Keywords: contest, sequential move, Stackelberg, deterrence, experiment

A Class of N-Player Colonel Blotto Games with Multidimensional Private Information,
Christian Ewerhart and Dan Kovenock, from Chapman University, Economic Science Institute (2019)
Keywords: Colonel Blotto Games; Private Information; Bayes-Nash Equilibrium; Information Rents; Networks

Sellin’ in the Rain: Adaptation to Weather and Climate in the Retail Sector,
Brigitte Roth Tran, from Board of Governors of the Federal Reserve System (U.S.) (2019)
Keywords: Adaptation; Climate change; Lasso; Machine learning; Retail; Sales; Weather

Exporters of Services: A Look at U.S. Exporters Outside of the Manufacturing Sector,
Maria D. Tito, from Board of Governors of the Federal Reserve System (U.S.) (2019)
Keywords: Exporters of services; extensive and intensive margins; Firm heterogeneity; Trade costs

Improving the Accuracy of Economic Measurement with Multiple Data Sources: The Case of Payroll Employment Data,
Tomaz Cajner, Leland Crane, Ryan Decker, Adrian Hamins-Puertolas and Christopher J. Kurz, from Board of Governors of the Federal Reserve System (U.S.) (2019)
Keywords: Big data; Economic measurement; Labor market; state-space models

A Coherent Framework for Predicting Emerging Market Credit Spreads with Support Vector Regression,
Gary Anderson and Alena Audzeyeva, from Board of Governors of the Federal Reserve System (U.S.) (2019)
Keywords: Support vector machine regressions; Out-of-sample predictability; Soverign cedit spreads; Machine learning; Emerging markets; Model confidence set

Economics of Nuclear Power Plant Investment: Monte Carlo Simulations of Generation III/III+ Investment Projects,
Ben Wealer, Simon Bauer, Leonard Göke, Christian von Hirschhausen and Claudia Kemfert, from DIW Berlin, German Institute for Economic Research (2019)
Keywords: nuclear power; nuclear financing; investment; levelized cost of electricity; monte carlo simulation; uncertainty

The current account sustainability in Central and Eastern Europe: Has it changed?,
Juan Cuestas, from Economics Department, Universitat Jaume I, Castellón (Spain) (2019)
Keywords: debt, Central and Eastern Europe, structural breaks, European integration

Linear Fractional Stable Motion with the RLFSM R Package,
Stepan Mazur and Dmitry Otryakhin, from Örebro University, School of Business (2019)
Keywords: Fractional processes; limit theorems; parametric estimation; stochastic simulation; stable motion

Does dynamic market competition with technological innovation leave no one behind?,
Youngsheng Xu and Naoki Yoshihara, from Kochi University of Technology, School of Economics and Management (2019)
Keywords: dynamic market competition with technological innovation, Hicksian Optimism, the Walrasian allocation rule, Pareto eciency, individual rationality

Efficiency invites Divide and Coercion in the Age of Increasing Returns to Scale,
Youngsheng Xu and Naoki Yoshihara, from Kochi University of Technology, School of Economics and Management (2019)
Keywords: increasing returns to scale technologies, Pareto eciency, allocation rule, individual rationality, minimal autonomy

Proxy structural vector autoregressions, informational sufficiency and the role of monetary policy,
Mirela Miescu and Haroon Mumtaz, from Lancaster University Management School, Economics Department (2019)
Keywords: information sufficiency, dynamic factor models, instrumental variables, monetary policy, structural VAR