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Αποτελέσματα 491-499 από 499
Non-linearities in International Prices
(2023-08)
We consider multiple sources of non-linearity in good-level law-of-one-price deviations across the globe using a structural model that accounts for previously omitted variables and allows estimation of good-level convergence ...
The importance of trade costs in deviations from the law-of-one-price: Estimates based on the direction of trade
(2012)
The full impact 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 ...
A contribution to the empirics of welfare growth
(2010)
This paper compares the determinants of economic growth and welfare growth. Our main
result is that determinants may differ or have different impact on welfare outcomes as compared
to economic outcomes. Human capital ...
What determines technology diffusion across frontiers? R&D content, human capital and institutions
(2015)
This paper examines the determinants of international technology diffusion across a sample of 127 countries for the
period 1961-2011. We measure technology diffusion by the importation of two capital goods categories that ...
Productivity and prices in Europe: micro-evidence for the period 1975 to 1990
(2004-09)
In the absense of frictionless trade, domestic productivity will be a major determinant of prices. Using repeated cross-sections of absolute prices of individual goods across European countries, I find that products of an ...
Immigration and international prices: An initial assessment
(2011-02)
Using prices from a number of cities across the world during 1990-2006, this paper shows that there exists a negative impact of immigration on prices. The estimated absolute elasticity of prices with respect to immigration ...
A three way equivalence
(2008)
Liquidity risk, market power and the informational effects of policy
(Elsevier, 2023-05)
Using a structural approach, we combine bidding data from open market operations with macroeconomic information to recover the latent distribution of liquidity risk across financial institutions in Chile and how it is ...
Identifying preferences when households are financially constrained
(Elsevier, 2023-12)
This paper shows that utilizing information on the extensive margin of financially constrained households can narrow down the set of admissible preferences in a large class of macroeconomic models. Estimates based on Spanish ...