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2011 IGIER Working Papers

430. Roberto Perotti
The "Austerity Mith": Gain Without Pain?

429. Roberto Perotti
Expectations and Fiscal Policy: An Empirical Investigation

428. Pierpaolo Battigalli, Simone Cerreia-Vioglio, Fabio Maccheroni and Massimo Marinacci
Selfconfirming Equilibrium and Model Uncertainty

427. Emilio Calvano and Bruno Jullien 
Issues in on-line advertising and competition policy: a two-sided market perspective

426. Francesco Giavazzi and Luigi Spaventa  
Why the current account may matter in a monetary union. Lesson from the financial crisis in the Euro area.

425. Francesco Giavazzi and Alberto Giovannini  
Central Banks and the Financial System

424. Carlo Favero, Alessandro Missale  

423. Matthias Messner, Nicola Pavoni, Christopher Sleet
On the Dual Approach to Recursive Optimization

422. Andreas Madestam
The Social Cost of a Credit Monopoly

421. Sabrina Buti, Barbara Rindi, Ingrid M. Werner
Dark Pool Trading Strategies

420. Giovanni Immordino, Michele Polo
Optimal Legal Standards in Antitrust: Traditional v. Innovative Industries

419. Sanra González-Bailón, Tommy E. Murphy
Social Interactions and Long-Term Fertility Dynamics.A Simulation Experiment in the Context of the French Fertility Decline

418. Monika BĎ‹tler, Kim Peijnenburg, Stefan Staubli
How Much Do Means-Tested Benefits Reduce the Demand for Annuities?

417. Massimo Guidolin, Francesca Rinaldi
Ambiguity in Asset Pricing and Portfolio Choice: A Review of the Literature

416. Massimo Guidolin, Francesco Ravazzolo, Andrea Donato Tortora
Myths and Facts about the Alleged Over-Pricing of U.S. Real Estate. Evidence from Multi-Factor Asset pricing Models of REIT Returns

415. Massimo Guidolin
Markov Switching Models in Empirical Finance

414. Massimo Guidolin, Stuart Hyde
Can VAR Models Capture Regime Shifts in asset Returns? A Long-Horizon Strategic Allocation Perspective

413. Simone Cerreia-Vioglio
Objective Rationality and Uncertainty Averse Preferences

412. David Chilosi, Tommy E. Murphy and Roman Studer
Europe’s Many Integrations: Geography and Grain Markets, 1620-1913

411. Thorsten Beck, Patrick Behr and Andreas Madestam
Sex and Credit: Is There a Gender Bias in Lending?

410. Peter Klibanoff, Massimo Marinacci Sujoy Mukerji
On the Smooth Ambiguity Model: A Reply

409. Tommaso Monacelli and Roberto Perotti
Redistribution and the Multiplier

408. Tommaso Monacelli and Roberto Perotti
Tax Cuts, Redistribution, and Borrowing Constraints

407. Carlo A. Favero, Francesco Giavazzi and Jacopo Perego
Country Heterogeneity and the International Evidence on the Effects of Fiscal Policy

406. Carlo A. Favero and Marco Giacoletti
Progress in Medicine, Limits to Life and Forecasting Mortality

405. Nenad Kos
Asking Questions

404. Giovanni Pica and José V. Rodriguez Mora
Who's Afraid of a Globalized World? Foreign Direct Investments, Local Knowledge and Allocation of Talents

403. Xavier Boutin, Giacinta Cestone, Chiara Fumagalli, Giovanni Pica and Nicolas Serrano-Velarde
The Deep-Pocket Effect of Internal Capital Markets: An Empirical Analysis

402. Robert C. Allen, Tommy E. Murphy and Eric B. Schneider
The Colonial Origins of the Divergence in the Americas: A Labour Market Approach

401. Marcel Fafchamps and Eliana La Ferrara
Self-help groups and mutual assistance: Evidence from urban Kenya

400. Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci and Luigi Montrucchio
• Classical Subjective Expected Utility

399. Andreas Madestam and David Yanagizawa-Drott
• Shaping the Nation: the Effect of Fourth of July  on Political Preferences and Behavior in the United States

398. Filippo Ippolito, Roberto Steri and Claudio Tebaldi
• The Relative Leverage Premium

397. Veronica Grembi, Tommaso Nannicini and Ugo Troiano
• Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design

396. Anna Battauz, Marzia De Donno and Fulvio Ortu
• Envelope theorems in Banach lattices

395. Maristella Botticini and Aloysius Siow
• Are There Increasing Returns to Scale in Marriage Markets?

394. Giovanni W. Puopolo
• Firm Migration and Stock Returns

393. Chiara Fumagalli, Massimo Motta and Thomas Ronde
•  Exclusive dealing: investment promotion may facilitate inefficient foreclosure

392. Vincenzo Galasso and Paola Profeta
When the State Mirrors the Family: The Design of Pension Systems

391. Fabio Maccheroni, Massimo Marinacci, Doriana Ruffino
Does Uncertainty Vanish in the Small? The Smooth Ambiguity Case

390. Tito Boeri, Marta De Philippis, Eleonora Patacchini, Michele Pellizzari
Immigration, Housing Discrimination and Employment

389. Sabrina Buti and Barbara Rindi
•  Undisclosed Orders and Optimal Submission Strategies in a Dynamic Limit Order Market

388. Carlo A. Favero, Arie E. Gozluklu, Haoxi Yang
Demographics and The Behaviour of Interest Rates

387. Alberto Alesina and Eliana La Ferrara
A Test of Racial Bias in Capital Sentencing

386. Massimo Marinacci and Luigi Montrucchio
Finitely Well-Positioned Sets

385.Giacomo De Giorgi and Michele Pellizzari
•  Understanding Social Interactions: Evidence from the Classroom

384.Michela Braga, Marco Paccagnella and Michele Pellizzari
•  Evaluating students' evaluations of professors

 383. Mario Forni, Luca Gambetti and Luca Sala
No News in Business Cycles

382. Simone Cerreia-Vioglio, Fabio Maccheroni, Massimo Marinacci and Luigi Montrucchio
Ambiguity and Robust Statistics

381. Matthias Messner, Nicola Pavoni and Christopher Sleet
Recursive methods for incentive problems

380. Matthias Messner and Mattias K. Polborn
Miscounts, Duverger's Law and Duverger's Hypothesis

379. Itzhak Gilboa and Massimo Marinacci
Ambiguity and the Bayesian Paradigm

378. Marco Maffezzoli
•  Tax Evasion under Market Incompleteness

377. Guido Alfani
Plague in Seventeenth Century Europe and the Decline of Italy: An Epidemiological Hypothesis

376. Pierpaolo Battigalli and Andrea Prestipino
•  Transparent Restrictions on Beliefs and Forward Induction Reasoning in Games with Asymmetric Information

375. Pierpaolo Battigalli, Alfredo Di Tillio and Dov Samet
•  Strategies and interactive beliefs in dynamic games

Last updated May 29, 2013