Linear altruism is a functional form used extensively in outcome-based models of social preferences: the underlying assumption is that individuals have a utility over monetary outcome profiles that depends on their and other players' payments. Behavior in strategic interactions is explained as a...

This note explains the process of public opinion formation via a locally interactive, space-time analysis. The model we use is a special case of the general framework for modelling social interaction proposed in Blume and Durlauf (2001). In the reduced form of the model we study how each...

Despite the fact that it is not correct to speak of Bartlett corrections in the case of non-stationary time series, this paper shows that a Bartlett-type correction to the likelihood ratio test for a unit root can be an effective tool in order to control size distortions. Using well-known...

This paper investigates the effects of unobservable factors that, as is well-known, contaminate two of the variables most used in labour market research, namely the stock of unemployment and the stock of vacancies. Using a matching function framework, we compare different panel data estimators...