Listar ECO_Articles por título
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Housing Market Bubbles and Business Cycles in an Agent-Based Credit Economy
Dennis J. Snower (2013)In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the ... -
How costly is modern maritime piracy to the international community?
Blackwell (2012-11)This paper focuses on the impact of maritime piracy on international trade. Piracy increases the cost of international maritime transport through an increase in insecurity regarding goods deliveries. Bilateral trade flows ...
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How do markets manage water resources? An Experiment
Springer Verlag (2012-09)We experimentally test how a private monopoly, a duopoly and a public utility allocate water of differing qualities to households and farmers. Most of our results are in line with the theoretical predictions. Overexploitation ...
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(How) Do research and administrative duties affect university professors teaching?
Taylor & Francis (2015-05)We analyse the interaction between university professors’ teaching quality and their research and administrative activities. Our sample is a high-quality individual panel data set from a medium-size public Spanish university ...
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Human Migration in the Era of Climate Change
Oxford University Press (2019)Migration is one response to climatic stress and shocks. In this article we review the recent literature across various disciplines on the effects of climate change on migration. We explore key features of the relationship ... -
Immigration, factor endowments and the productive structure of Spanish regions, 1996–2005
Taylor & Francis (2012-07)The participation of immigrants in the Spanish labour market has increased from less than 3% in 1996 to more than 13% in 2005. The factor proportion model of production was used to examine the impact of such a large labour ...
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Impact of Stock Market Structure on Intertrade Time and Price Dynamics
Public Library of Science (2014)We analyse times between consecutive transactions for a diverse group of stocks registered on the NYSE and NASDAQ markets, and we relate the dynamical properties of the intertrade times with those of the corresponding price ...
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Imported Inputs and Egyptian Exports: Exploring the Links
Dennis J. Snower (2015-11)This paper is the first to explore the links between exporting and importing activities of Egyptian firms using panel data over the period from 2003 to 2007. The main aim is twofold. Firstly, the authors report regression ...
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Imports and growth in China
Elsevier (2011-11)In this paper, we analyze the role played by imports and investment on labor productivity and output inChina from 1964 to 2004. In doing so, our analysis focuses on the role of technological progress incorporated into the ...
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Improved Rice Technology Adoption: The Role of Spatially-Dependent Risk Preference
MDPI (2021-07-22)This study analyses farmers’ adoption of improved rice technology, taking into account farmers’ risk preferences; the unobserved spatial heterogeneity associated with farmers’ risk preferences; farmers’ household and farm ...
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Income and Democracy: Evidence from System GMM Estimates
Elsevier (2012-02-17)Does higher income cause democracy? Accounting for the dynamic nature and high persistence of income and democracy, we find a statistically significant positive relation between income and democracy for a postwar period ...
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Individual Characteristics vs. Experience: An Experimental Study on Cooperation in Prisoner's Dilemma
Frontiers Media (2017-04-20)Cooperative behavior is often assumed to depend on individuals’ characteristics, such as altruism and reasoning ability. Evidence is mixed about what the precise impact of these characteristics is, as the subjects of ...
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Individual Expectations and Aggregate Behavior in Learning-to-Forecast Experiments
Cambridge University Press (2013)Models with heterogeneous interacting agents explain macro phenomena through interactions at the micro level. We propose genetic algorithms as a model for individual expectations to explain aggregate market phenomena. The ...
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Industrial location, spatial discrete choice models and the need to account for neighbourhood effects
Springer Verlag (2011)This research, following the original contributions of Vichiensan et al. (J East As Soc Trans Stud 6:3789-3802, 2005; Mixed Logit Model Framework with Structuralized Spatial Effects: a Test of Applicability with Area Unit ...
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Inequality and conflict as drivers of cooperation: the location of wine cooperatives in pre-1936 Spain
Springer (2020)As it is usually believed that cooperatives made a great contribution to the modernisation of agriculture and when they began to spread agriculture still had a great weight in European economies, it is of interest to know ...
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Inequality and Unemployment Patterns in Europe: Does Integration Lead to (Real) Convergence?
Springer Verlag (2018)The economic convergence criteria adopted in the Maastricht Treaty and the fiscal discipline of the Stability and Growth Pact enforced nominal convergence, leaving aside real convergence indicators. In this paper, we use ...
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Inequality-constrained monetary policy in a financialized economy
Elsevier (2023-10-31)We study how income inequality affects monetary policy through the inequality-household debt channel. We design a minimal macro Agent-Based model that replicates several stylized facts, including two novel ones: falling ...
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Inferred vs. stated attribute non-attendance in choice experiments: a study of doctors’ prescription behaviour
Elsevier (2013-09-27)It is increasingly recognised that respondents to choice experiments employ heuristics such as attribute non-attendance (ANA) to simplify the choice tasks. This paper develops an econometric model which incorporates ...
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Inflation targeting or exchange rate targeting: Which framework supports the goal of price stability in emerging market economies?
Public Library of Science (2018)The paper investigates and compares the relationship between inflation and inflation uncertainty under inflation targeting and, alternatively, a conventional fixed exchange rate system, for a group of emerging countries. ...
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Informal, formal institutions and credit: complements or substitutes?
Cambridge University Press (2019-08)This paper analyses the relationship between informal institutions measured by social trust and the provision of private credit. Research on the trust–finance relationship abounds, although most of it is confined to the ...
