Publications des institutions partenaires
Testing for covariate balance using quantile regression and resampling methods
Consistency of propensity score matching estimators hinges on the propensity score's ability to balance the distributions of covariates in the pools of treated and nontreated units. Conventional balance tests merely check for differences in covariates' means, but cannot account for differences in higher moments. For this reason, this paper proposes balance tests which test…
Institution partenaire
English / 21/04/2011
Personality, personal values and cooperation preferences in public goods games : A longitudinal study
Recent research on behavioral heterogeneity in social dilemma situations has increasingly focused on exploring the predictive value of individual difference variables. This paper contributes to this line of research by examining how cooperation preferences in a series of three public goods games conducted over the course of five months are related to personality traits and personal…
Institution partenaire
English / 01/04/2011
Micromotives, Microstructure, and Macrobehavior: The Case of Voluntary Cooperation
How micromotives, the microstructural features of interactions, and macrobehavior are related is a fundamental question in all social sciences. In this article we argue that laboratory experiments are a useful tool to study this question, because the experimenter can measure motivations, manipulate microstructures, and sometimes even exploit variation in the macrosocial environment.…
Institution partenaire
English / 10/02/2011
Tempora mutantur: in search of a new testament for NEG
Institution partenaire
English / 01/01/2011
Measuring welfare: latent variable models for happiness and capabilities in the presence of unobservable heterogeneity
Institution partenaire
English / 01/01/2011
Testing the ‘Inaction Corridor’ in a three-regime threshold error correction model with an application to a Buffer-Stock model for US money demand
Institution partenaire
English / 01/01/2011
Notes on Detecting The Effects of Non Tariff Measures
Alternative approaches to estimating the effects of nontariff measures (NTMs) on trade flows are discussed and evaluated critically. Recent econometric studies point to three results: (i) NTM restrictiveness measures based on an aggregate of ‘core’ NTMs are more restrictive than existing tariffs and, because of export composition towards agricultural products, in the aggregate, these…
Institution partenaire
English / 01/01/2011
Export Diversification: What's behind the Hump?
The paper explores the evolution of export diversification patterns along the economic development path. Using a large database with 156 countries over 19 years at the HS6 level of disaggregation (4,991 product lines), we look for action at the intensive and extensive margins. We find a hump-shaped pattern of export diversification similar to what Imbs and Wacziarg (2003) found for…
Institution partenaire
English / 01/01/2011
In Search of Market Access: Why the Doha “Plan B” for December 2011 is likely to fail Erosion from Rules of Origin (Part II)
Once again the Doha Round negotiators are struggling to reach an agreement, this time by mid-December 2011 on a “plan B” package that would give increased market access to the Least Developed Countries (LDCs) under simplified rules of origin (RoO). We argue that in spite of some simplifying reforms by the EU and the US, administrative costs associated with establishing origin will…
Institution partenaire
English / 01/01/2011
In Search of Market Access: Why the Doha “Plan B” for December 2011 is likely to fail Effective Market Access (Part I)
Once again the Doha Round negotiators are struggling to reach an agreement, this time by mid-December on a “plan B” package that would give increased market access to Least Developed Countries (LDCs) in the form of duty-free-quota free (DFQF) access accompanied by simplified rules of origin. Estimating ‘effective market access' to the two largest ‘preference-givers', the US…
Institution partenaire
English / 01/01/2011
Costing improved water supply systems for developing countries
The aim or this paper is to present a practical manual prepared for the World Health Organization (WHO) on how to identify, collect, estimate and compare costs of the available technical options to provide access to safe drinking water in low-income communities.
Institution partenaire
English / 01/01/2011
Bank Funding, Securitization and Loan Terms: Evidence from Foreign Currency Lending
We examine how bank funding and securitization activity affect the currency denomination of business loans. We analyze a unique dataset that for more than hundred thousand loans granted by one Bulgarian bank to over sixty thousand different firms in the period 2003-2007 includes information on the requested and granted currency of the loans. Our findings confirm the conjecture that…
Institution partenaire
English / 01/01/2011
Trade Liberalization and Growth: Plant-Level Evidence from Switzerland
This paper estimates the effect of trade liberalization on growth, using plant-level data from Switzerland. We employ a natural experiment framework to quantify the effect of a bundle of treaties liberalizing trade between Switzerland and the EU enacted in June 2002 ("Bilateral Agreements I") on the growth of Swiss plants. Using both a semi-parametric difference-in-…
Institution partenaire
English / 01/01/2011
Did the 2007-08 Financial Crisis Change Risk Perception?
This paper investigates, how the 2007-08 financial crisis has affected the risk perceptions of institutional bond investors. Using a methodology novel to the empirical finance literature, we quantify the impact that changes in risk perception have had on bond spreads over the course of the crisis. The relative contribution of the change in risk perceptions can be measured by…
Institution partenaire
English / 01/01/2011
Relaxing monotonicity in the identification of local average treatment effects
In heterogeneous treatment effect models with endogeneity, the identification of the local average treatment effect (LATE) typically relies on an instrument that satisfies two conditions: (i) joint independence of the potential post-instrument variables and the instrument and (ii) monotonicity of the treatment in the instrument. We show that identification is still feasible when…
Institution partenaire
English / 01/01/2011
A New Measure of Tariff Preference Margins Adjusted for Import and Domestic Competition
This paper provides a new theoretically-derived measure of preference margins at the product level, that takes into account competition across exporters as well as competition with domestic producers on a given market. This indicator is derived for differentiated goods under imperfect competition, in a frame-work extended from Ottaviano, Tabuchi and Thisse (2002). We compute our…
Institution partenaire
English / 01/01/2011
Punishment Despite Reasonable Doubt-A Public Goods Experiment with Sanctions Under Uncertainty
Under a great variety of legally relevant circumstances, people have to decide whether or not to cooperate when they face an incentive to defect. The law sometimes provides people with sanctioning mechanisms to enforce pro-social behavior. Experimental evidence on voluntary public goods provision shows that the option to punish others substantially improves cooperation, even if…
Institution partenaire
English / 01/12/2010
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