Browsing Τμήμα Οικονομικών / Department of Economics by Type "Working Paper"
Now showing items 1-16 of 16
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Working Paper
Global versus local shocks in micro price dynamics
(2012)A number of recent papers point to the importance of distinguishing between the price reaction to micro and macro shocks in order to reconcile the volatility of individual prices with the observed persistence of aggregate ...
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Working Paper
Global versus local shocks in micro price dynamics
(2011)A number of recent papers point to the importance of distinguishing between the price reaction to micro and macro shocks in order to reconcile the volatility of individual prices with the observed persistence of aggregate ...
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Working Paper
Immigration and international prices
(2010-02)This paper considers the relation between immigration and prices for a large number of cities across the world over the period from 1990 to 2006. Aggregate immigration ratios are shown to have a negative impact on ...
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Working Paper
Inflation expectations and monetary policy surprises
(2017-01)We use monthly data across fifteen euro-area economies for the period 1985:1-2015:3 to obtain monetary policy changes that can be regarded as surprises for different types of consumers. A novel feature of our empirical ...
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Working Paper
International medical R&D spillovers
(2004)Does medical technology originating in countries close to the technology frontier have a significant impact on health outcomes in countries distant from this frontier? This paper considers a framework where lagging countries ...
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Working Paper
International medical technology diffusion
(2005-02)Does medical technology originating in countries close to the technology frontier have a significant impact on health outcomes in countries distant from this frontier? This paper considers a framework where lagging countries ...
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Working Paper
International price dispersion and the direction of trade
(2006)The importance of trade costs in segmenting product markets cannot be captured by considering aggregate prices or in the absence of information on the direction of trade. We address this problem by utilizing product-specific ...
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Working Paper
Longevity and education externalities: a macroeconomic perspective
(2008-12)We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We put forward a model that clarifies the links between education and longevity in ...
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Working Paper
Longevity and education: a macroeconomic perspective
(2007-12)This paper investigates the determinants of longevity at a macroeconomic level, emphasizing the important role played by education. To analyze the determinants of longevity, we build a model where households intentionally ...
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Working Paper Open Access
Multiple Regimes in the Preferences for Redistribution
(2023-08-29)This paper provides novel evidence of nonlinearities in the formation of preferences for redistribution by uncovering evidence of multiple regimes consistent with the presence of multiple equilibria and multiple steady ...
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Working Paper
R&D, innovation, and technological progress: a test of the schumpeterian framework without scale effects
(2002)I use U.S. manufacturing industry data to estimate a system of three equations implied by a model of R&D-induced growth in steady state. These three equations relate R&D intensity to patenting, patenting to technological ...
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Working Paper
R&D-induced growth in the OECD?
(2001)I use aggregate and industry-level data for a group of OECD countries for the period 1973 to 1991 to estimate a system implied by a model of R&Dinduced growth that relates R&D intensity, productivity, and output growth. ...
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Working Paper Open Access
The Role of Social Interactions in Preferences for Redistribution
(2022-05-30)This paper investigates the role of social influences in preferences for redistribution using data from the General Social Survey. We employ social interaction models with a socioeconomic network structure and intertemporal ...
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Working Paper
Trends in international prices
(2010)We exploit the panel dimension of a price levels dataset for more than one hundred product items across 140 cities in 90 countries for the period from 1990 to 2009 in order to improve our understanding of international ...
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Working Paper
Understanding European real exchange rates
(2001)We study good-by-good deviations from the Law-of-One-Price for over 1,800 retail goods and services between all European Union (EU) countries for the years 1975, 1980, 1985 and 1990. We find that for each of these years, ...
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Working Paper
Understanding Law-of-One-Price Deviations across Europe Before and After the Euro
(2014-01)We use a panel of thousands of good-level prices before and after the euro in order to compare the determinants and understand the evolution of goods price dispersion across Europe during these two periods. We find that ...