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Cuadro-Sáez, Lucía; Moreno, Manuel - 2007

Daily financial market returns (as log difference in closing prices) may be quite sensitive to operation with low trading volumes and big changes in prices frequently traded at market closing times. This paper proposes a more robust estimation of market returns by providing a new indicator that...

Persistent link: https://www.econbiz.de/10010272310

What drives the international transfer of climate change mitigation technologies? Empirical evidence from patent data

Dechezleprêtre, Antoine; Glachant, Matthieu; … - 2010

international diffusion of climate-friendly technologies on a global scale. Regression results show that technology … also show that restrictions to international trade-e.g., high tariff rates-and lax intellectual property regimes negatively … influence the international diffusion of patented knowledge. A counter-intuitive result is that barriers to foreign direct …

Persistent link: https://www.econbiz.de/10010272391

Illiquidity and all its friends

Tirole, Jean - 2010

The recent crisis was characterized by massive illiquidity. This paper reviews what we know and don't know about illiquidity and all its friends: market freezes, fire sales, contagion, and ultimately insolvencies and bailouts. It first explains why liquidity cannot easily be apprehended through...

Persistent link: https://www.econbiz.de/10010272481

Shadow economy and entrepreneurial entry

Estrin, Saul; Mickiewicz, Tomasz - 2010

We analyze theoretically and empirically the impact of the shadow economy on entrepreneurial entry, utilising 1998-2005 individual-level Global Entrepreneurship Monitor data merged with macro level variables. A simple correlation coefficient suggests a positive linear link between the size of...

Persistent link: https://www.econbiz.de/10010272648

Size matters: Entrepreneurial entry and government

Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2010

We explore the country-specific institutional characteristics likely to influence an individual's decision to become an entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of variables related to protection of property...

Persistent link: https://www.econbiz.de/10010272659

The effects of school quality in the origin on the payoff to schooling for immigrants

Chiswick, Barry R.; Miller, Paul W. - 2010

The payoff to schooling among the foreign born in the US is only around one-half of the payoff for the native born. This paper examines whether this differential is related to the quality of the schooling immigrants acquired abroad. The paper uses the Over-education/ Required...

Persistent link: https://www.econbiz.de/10010272661

Identifying conflict and violence in micro-level surveys

Brück, Tilman; Justino, Patricia; Verwimp, Philip; … - 2010

focus on World Bank's Living Standard Measurement Surveys (LSMS), and propose suggestions on how to improve questionnaires …

Persistent link: https://www.econbiz.de/10010272662

Cooperation in transboundary water sharing under climate change

Bhaduri, Anik; Manna, Utpal; Barbier, Edward B.; Liebe, Jens - 2009

As multiple countries share a river, the likelihood of a water resource conflict from climate change could be higher between countries. In this paper, we demonstrate how countries can cooperate in transboundary water sharing in a sustainable way, given the impacts of climate change. We...

Persistent link: https://www.econbiz.de/10010272708

Immigrant Religious Adjustment: An Economic Approach to Jewish Migrations

Chiswick, Carmel Ullman - 2003

An economic theory of immigration and immigrant absorption for a religious minority is developed and applied to Jewish history. Human capital is classified according to whether it is allocative or productive, transferable or location-specific, general or Jewish. Crossclassifying these categories...

Persistent link: https://www.econbiz.de/10010272721

Work and Television

Corneo, Giacomo - 2001

Evidence from a sample of countries show that people roughly spend as much time watching television as earning their living. Moreover, television viewing and work hours are positively correlated across countries. A simple model based on complementarities in the organization of free time is...

Persistent link: https://www.econbiz.de/10010272730