Using a Solow-Swan model with a stochastic saving rate and stochastic productivity we analyse the distributions of parameter estimates that emerge under various choices of technology, and of the dimension of the panel on which cross-section regressions are based. There are distinct asymmetries...

Using a Solow-Swan model with a stochastic saving rate and stochastic productivity we analyse the distributions of parameter estimates that emerge under various choices of technology, and of the dimension of the panel on which cross-section regressions are based. There are distinct asymmetries...

The pollution-convergence hypothesis is formalized in a neoclassical growth model with optimal emissions reduction: pollution growth rates are positively correlated with output growth (scale effect) but negatively correlated with emission levels (defensive effect). This dynamic law is...

The purpose of this study is to investigate the causal effects of governments’ social distancing measures to curb the spread of the ongoing SARS-COV-2 outbreak on the hotel industry of major tourist destinations (France, Greece, Italy, Spain, Portugal, and Turkey). The empirical analysis...

The scope of this note is to investigate the causal effects of the COVID-19 pandemic on life expectancy over a sample of 47 countries split into two groups. The first one includes countries that have adopted general lockdown measures (treatment group), while the second one consists of countries...

The scope of this study is to shed light on the determinants of the time gap between the publication of a Nobel discovery and the bestowment of the prize across three science fields (Physics, Chemistry, and Medicine). The econometric evidence supports that the delay gap is inversely related to...

In a recent study (supported by the European Economics Association) P. Kalaitzidakis, T. P. Mamuneas and T. Stengos provide an up-to-date ranking of economic journals that are used to compute world-wide rankings of academic institutions in Economics for the period 1994 to 1998. The results show...

We study the wage-change distributions in union contractsreached in Canada between 1976-1999. We use non-parametric tests to check for nominal wage rigidity and find that it is present during low inflation periods.