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2005 Articles of IGIER Scholars

Alberto Alesina (with Edward Glaeser and Bruce Sacerdote), "Work and Leisure in the U.S. and Europe: Why So Different?", NBER Macroeconomic Annual 2005, 1-64

Alberto Alesina (with George-Marios Angeletos), "Corruption, Inequality and Fairness," Journal of Monetary Economics, October 2005, 52: 1227-44

Alberto Alesina (with George-Marios Angeletos), "Fairness and Redistribution: US vs. Europe," American Economic Review, September 2005, 95: 913-35

Alberto Alesina (with Enrico Spolaore), "War, Peace and the Size of Countries," Journal of Public Economics, July 2005, 89: 1333-54

Alberto Alesina (with Ignazio Angeloni and Ludger Shuknecht), "What Does the European Do?", Public Choice, June 2005, 123: 275-319

Alberto Alesina (with Ignazio Angeloni and Federico Etro),"International Unions," American Economic Review, June 2005, 95: 602-15

Alberto Alesina (with Silvia Ardagna, Giuseppe Nicoletti, and Fabio Schiantarelli), "Regulation and Investment," Journal of the European Economic Association, June 2005, 3: 791-825

Maristella Botticini
(with Zvi Eckstein), "Jewish Occupational Selection: Education, Restrictions, or Minorities?" Journal of Economic History 65, no. 4 (December 2005): 922-48

Francesco Billari (with J. Simao and P.M. Todd), "Aggregate Age-at-Marriage patterns from Individual Mate-Search Heuristics", Demography (2005), vol. 42(3), pp.559-574 
 
Francesco Billari (with M. Mezzetti), "Bayesian Correlated Factor Analysis of Socio-Demographic Indicators", Statistical Methods and Applications (2005), vol. 14(2), pp. 223-241
 
Francesco  Billari (with R. Piccarreta), "Analysing Demographic Life Courses Through Sequence Analysis", Mathematical Population Studies (2005), vol. 12(2), pp.81-106 
 
Francesco Billari (with P.M. Todd, J. Simão and J. Sim), "Aggregate Age-at-Marriage Patterns from Individual Mate-Search Heuristics", Demography (2005), vol. 42(3), pp. 559-574
 
Tito Boeri (with J. F. Jimeno), "The Effects of Employment Protection: Learning from Variable Enforcement", European Economic Review (2005), vol. 49(8), pp. 2057-2077
 
Laura Bottazzi (with P. Manasse), "Asymmetric Information and Monetary Policy in Common Currency Areas", Journal of Money, Credit and Banking (2005), vol. 37(4), pp.603-622
 
Francesco Daveri (with C. Jona-Lasinio), "Italy's Decline: Getting the Facts Right", Giornale degli Economisti e Annali di Economia (2005), vol. 64(4),  pp.365-411 

Paolo Epifani, “Heckscher-Ohlin and Agglomeration” (2005), Regional Science and Urban Economics 35, pp. 645-657.

Paolo Epifani (with Gino Gancia), “Trade, Migration and Regional Unemployment” (2005), Regional Science and Urban Economics 35, pp. 625-644.

Carlo A. Favero (with F. Milani), "Parameter Instability, Model Uncertainty and the Choice of Monetary Policy" (2005), Topics in Macroeconomics: Vol. 5: No. 1, Article 4
 
Carlo A. Favero (with A. Bonfiglioli), "Explaining Co-movements between Stock Markets: The Case of US and Germany", Journal of International Money and Finance (2005), vol. 24(8), pp.1299-1316 
 
Carlo A. Favero, (with M. Aiolfi), "Model Uncertainty, Thick Modelling and the Predictability of Stock Returns", Journal of Forecasting (2005), vol. 24(4), pp. 233-254
 
Carlo A.Favero (with Massimiliano Marcellino), "Modelling and Forecasting Fiscal Variables for the Euro Area", Oxford Bulletin of Economics and Statistics (2005), vol. 67(s1), pp.755-783  
 
Carlo A. Favero (with M. Marcellino and F. Neglia), "Principal Components at Work: The Empirical Analysis of Monetary Policy with Large Data Sets", Journal of Applied Econometrics (2005), vol. 20(5), pp. 603-620
 
Chiara Fumagalli (with G. Cestone), "The Strategic Impact of Resource Flexibility in Business Groups", Rand Journal of Economics, 36(1), 193-214, 2005
 
Vincenzo Galasso (with J. I. Conde-Ruiz), "Positive Arithmetic of the Welfare State", Journal of Public Economics (2005), vol. 89(5-6), pp.933-955  
 
Pietro Garibaldi (with E. Wasmer), "Equilibrium Search Unemployment, Endogenous Participation and Labor Market Flows", Journal of European Economic Association (2005), vol. 3(2), pp.851-882
 
Pietro Garibaldi, (with G. Dell'Ariccia), "Gross Credit Flows", Review of Economic Studies (2005), vol. 72(3), pp.665-685
 
Pietro Garibaldi (with G. Violante), "The Employment Effects of Severance Payments with Wage Rigidities", Economic Journal (2005), vol. 115(506), pp.799-832  
 
Francesco Giavazzi (with G. Tabellini), "Economic and Political Liberalizations", Journal of Monetary Economics (2005), vol. 52(7), pp. 1297-1330 
 
Eliana La Ferrara (with A. Alesina), "Ethnic Diversity and Economic Performance", Journal of Economic Literature (2005), vol. 43(3), pp. 762-800
 
Eliana La Ferrara (with A. Alesina), "Preferences for Redistribution in the Land of Opportunities", Journal of Public Economics (2005), vol. 89(5-6), pp.897-931
 
Fabio Maccheroni (with P. Ghirardato and M. Marinacci), "Certainty Independence and the Separation of Utility and Beliefs", Journal of Economic Theory (2005), vol. 120(1), pp. 129-136
 
Fabio Maccheroni (with A. Chateauneuf, M. Marinacci and J-M. Tallon), "Monotone Continuous Multiple Priors", Economic Theory (2005), vol. 26(4), pp.973-982
 
Fabio Maccheroni and Massimo Marinacci, "A Strong Law of Large Numbers for Capacities", Annals of Probability (2005), 33, pp.1171-1178
 
Massimiliano Marcellino, (with M. Artis and T. Proietti), "Characterizing Business Cycles for Accession Countries", Journal of Business Cycle Measurement and Analysis (2005), vol. 2, pp. 7-41 
 
Massimiliano Marcellino (with A. Banerjee and C. Osbat), "Testing for PPP: Should We Use Panel Methods?", Empirical Economics (2005), vol. 30(1), pp.77-91 
 
Massimiliano Marcellino (with M. Artis and A. Banerjee), "Factor Forecasts for the UK", Journal of Forecasting (2005), vol. 24(4), pp.279-298 
 
Massimiliano Marcellino (with A. Banerjee and I. Masten), "Leading Indicators for Euro Area Inflation and GDP Growth", Oxford Bulletin of Economics and Statistics (2005), vol. 67(s1), pp. 785-813  
 
Massimiliano Marcellino (with C. Favero and F. Neglia), "Principal Components at Work: The Empirical Analysis of Monetary Policy with Large Datasets”, Journal of Applied Econometrics, vol. 20(5), pp. 603-620 
 
Massimiliano Marcellino (with C. Favero), “Modelling and Forecasting Fiscal Variables for the Euro Area”, Oxford Bulletin of Economics and Statistics (2005), vol. 67(s1), pp. 755-783 

Massimo Marinacci (with P. Klibanoff and S. Mukerjii), "A Smooth Model of Decision Making under Ambiguity", Econometrica (2005), 73, pp.1849-1892
 
Massimo Marinacci (with L. Montrucchio), "Ultramodular Functions", Mathematics of Operations Research (2005), 30, pp.311-332
 
Massimo Marinacci (with L. Montrucchio), "Stable Cores of Large Games", International Journal of Game Theory (2005), 33, pp.189-213
 
Tommaso Monacelli, "Monetary Policy in a Low Pass-Through Environment", Journal of Money Credit and Banking (also ECB Working Paper # 227) (2005), vol. 37(6), pp. 1047-1066 
 
Tommaso Monacelli (with J.Galli), "Monetary Policy and Exchange Rate Volatility in a Small Open Economy", The Review of Economic Studies (2005), vol. 72(3), pp. 707-734
 
Marco Ottaviani (with J. Adda), "The Transition to Digital Television", Economic Policy (2005), 41, pp.160-209
 
Fausto Panunzi (with S. Brusco), "Reallocation of Corporate Resources and Managerial Incentives in Internal Capital Markets", European Economic Review (2005), vol. 49(3), pp. 659-81
 
Evi Pappa, "Persistence without too much Price Stickiness: The Role of Factor Utilization", Review of Economic Dynamics (2005), vol. 8(1), pp.231-255
 
Nicola Pavoni (with A. Abraham), "The Efficient Allocation of Consumption under Moral Hazard and Hidden Access to the Credit Market", the Journal of the European Economic Association (2005), pp.370-381
 
Michele Pellizzari, "Unemployment Duration and the Interactions between Unemployment Compensation and Social Assistance", Labour Economics (2005), vol. 13(6), pp. 773-798 
 
Enrico Pennings, "How to Maximize Domestic Benefits from Foreign Investments: the Effect of Irreversibility and uncertainty", Journal of Economic Dynamics and Control (2005), vol. 29(5), pp. 873-889  
 
Michele Polo, (with J.Gual, M.Hellwig, A.Perrot, P.Rey, K.Schmidt, R.Stenbacka), "An Economic Approach to Article 82", Report for the DGCompetition, European Comission  (2005)
 
Ulf Soderstrom (with K. Leitemo), "Simple Monetary Policy Rules and Exchange Rate Uncertainty", Journal of International Money and Finance (2005), vol. 24 (3), pp. 481-507 
 
Ulf Soderstrom (with P. Söderlind and A. Vredin), "Dynamic Taylor Rules and the Predictability of Interest Rates", Macroeconomic Dynamics (2005), vol. 9(3), pp. 412-428 
 
Ulf Soderstrom (with P. Söderlind and A. Vredin), "New-Keynesian Models and Monetary Policy: A Reexamination of the Stylized Facts", Scandinavian Journal of Economics (2005), vol. 107(3), pp.521-546 
 
Ulf  Soderstrom, "Targeting Inflation with a Role for Money", Economica (2005), vol.72(288), pp. 577-596
 
Guido Tabellini, "Finn Kydland and Edward Prescott's Contribution to the Theory of Macroeconomic Policy", Scandinavian Journal of Economics (2005), vol. 107(2), pp.203-216 
 
Guido Tabellini, "The Role of the State in Economic Development", Kyklos (2005), vol. 58(2), pp. 283-303 
 
Helder Vasconcelos, "Tacit Collusion, Cost Asymmetries, and Mergers", RAND Journal of Economics (2005), vol. 36(1), pp. 39-62
 
Helder Vasconcelos (with M. Motta), "Efficiency Gains and Myopic Antitrust Authority in a Dynamic Merger Game", International Journal of Industrial Organization (2005), Vol. 23 (9-10), pp. 777-801 

Last updated July 11, 2012