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~isPartOf:"CESifo Working Paper Series"
~isPartOf:"Journal of economic geography"
~isPartOf:"NBER working paper series"
~isPartOf:"Nota di Lavoro"
~person:"Afonso, António"
~person:"Gordon, Robert J."
~person:"Peri, Giovanni"
~person:"Rose, Andrew K."
~person:"Westermann, Frank"
~subject:"Argentinien"
~subject:"EU countries"
~subject:"Internationale Migration"
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Afonso, António
Gordon, Robert J.
Peri, Giovanni
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Should they stay or should they go? : climate migrants and local conflicts
Bosetti, Valentina
;
Cattaneo, Cristina
;
Peri, Giovanni
- In:
Journal of economic geography
21
(
2021
)
4
,
pp. 619-651
Persistent link: https://www.econbiz.de/10012654925
Saved in:
2
The Impact of Global Warming on Rural-Urban Migrations : Evidence from Global Big Data
Peri, Giovanni
-
2019
This paper examines the impact of temperature changes on rural-urban migration using a 56km×56km grid cell level dataset covering the whole world at 10-year frequency during the period 1970-2000. We find that rising temperatures reduce rural-urban migration in poor countries and increase such...
Persistent link: https://www.econbiz.de/10012479679
Saved in:
3
Short and Long-Run Behaviour of Long-Term Sovereign Bond Yields
Afonso, António
-
2010
This study assesses the short and long-run behaviour of long-term sovereign bond yields in OECD countries, for the period 1973-2008. We employ a dynamic panel approach to reflect financial and economic integration, and to increase the performance and accuracy of the tests. Given the existence of...
Persistent link: https://www.econbiz.de/10013135912
Saved in:
4
The Tragedy of the Commons and Inflation Bias in the Euro Area
Dinger, Valeriya
-
2013
Central bank credit has expanded dramatically in some of the euro area member countries since the beginning of the financial crisis. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and...
Persistent link: https://www.econbiz.de/10013089167
Saved in:
5
On Creditor Seniority and Sovereign Bond Prices in Europe
Steinkamp, Sven
-
2013
The recent increase of interest rate spreads in Europe and their apparent detachment from underlying fundamental variables has generated a debate on multiple equilibria in the sovereign bond market (see De Grauwe and Ji (2012)). We critically evaluate this hypothesis, by pointing towards an...
Persistent link: https://www.econbiz.de/10013090004
Saved in:
6
Regional Nonadjustment and Fiscal Policy : Lessons for EMU
Obstfeld, Maurice
-
1999
be hard to resist the eventual extension of existing
EU
mechanisms of income redistribution--a transfer union. We propose … an alternative strategy based on a relaxed stability pact, further strictures against central
EU
borrowing, labor market …
Persistent link: https://www.econbiz.de/10012471641
Saved in:
7
The Aftermath of the 1992 ERM Breakup : Was There a Macroeconomic Free Lunch?
Gordon, Robert J.
-
1999
This paper examines the macroeconomic aftermath of the 1992 breakdown of the European Exchange Rate Mechanism (ERM). The economic performance of six leaver' nations is compared with five stayer' nations that maintained a roughly fixed parity with the Deutsche Mark. Recent writing about...
Persistent link: https://www.econbiz.de/10012471843
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8
Spend-and-Tax : A Panel Data Investigation for the
EU
Afonso, António
-
2009
, we study the causality between government spending and revenue for the
EU
in the period 1960-2006. We find spend … Finland and the UK, and for several
EU
New Member States. Moreover, in the run-up to EMU there was some shifting away from a …
Persistent link: https://www.econbiz.de/10013158140
Saved in:
9
‘Whatever It Takes’ to Resolve the European Sovereign Debt Crisis? Bond Pricing Regime Switches and Monetary Policy Effects
Afonso, António
-
2017
This paper investigates the role of unconventional monetary policy as a source of time-variation in the relationship between sovereign bond yield spreads and their fundamental determinants. Our results provide evidence of a new bond-pricing regime following the announcement of the Outright...
Persistent link: https://www.econbiz.de/10012943161
Saved in:
10
The Euro Area's Common Pool Problem Revisited : Has the Single Supervisory Mechanism Ameliorated Forbearance and Evergreening?
Steinkamp, Sven
-
2017
The Single Supervisory Mechanism was introduced to eliminate the common-pool problem and limit uncontrolled lending by national central banks (NCBs). We analyze its effectiveness. Second, we model how, by forbearing and providing refinancing credit, NCBs avoid domestic resolution costs and,...
Persistent link: https://www.econbiz.de/10012945053
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