Publications des institutions partenaires

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The meaning of monetary stability

The conventional approach to monetary stability is not so much different from that related to price stability. As such, it simply supposes that the aggregation of prices in the marketplace is necessary and sufficient for determining the presence of inflation (or deflation) in the economy. However, investigating monetary stability according to this microeconomic approach leads to...

Institution partenaire

Université de Fribourg

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English / 03/10/2016

Reversal of migration flows: a fresh look at the German reunification

We investigate the dynamic effects of interregional labor market integration on migration flows, capital formation, and the price for housing services. The co-evolution of these variables depends on initial conditions at the time of labor market integration. In an initially capital-poor economy, there may be a reversal of migration flows during the transition to the steady state,...

Institution partenaire

Université de Fribourg

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English / 19/09/2016

Direct and indirect effects based on difference-in-differences with an application to political preferences following the Vietnam draft lottery

This study empirically evaluates the impact of the war in eastern Ukraine on the political attitudes aThis paper proposes a difference-in-differences approach for disentangling a total treatment effect on some outcome into a direct impact as well as an indirect effect operating through a binary intermediate variable – or mediator – within strata defined upon how the mediator reacts...

Institution partenaire

Université de Fribourg

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English / 04/08/2016

A wild bootstrap algorithm for propensity score matching estimators

We introduce a wild bootstrap algorithm for the approximation of the sampling distribution of pair or one-to-many propensity score matching estimators. Unlike the conventional iid bootstrap, the proposed wild bootstrap approach does not construct bootstrap samples by randomly resampling from the observations with uniform weights. Instead, it fixes the covariates and constructs the...

Institution partenaire

Université de Fribourg

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English / 07/07/2016

Evaluating an information campaign about rural development policies in (FYR) Macedonia

This paper investigates the effects of an information campaign about a governmental rural development program (RDP) in the Former Yugoslav Republic of Macedonia on the farmers’ intention to participate in the RDP. In the course of a survey among farmers, the treatment group received an information brochure with relevant details on selected RDP measures, while the control group...

Institution partenaire

Université de Fribourg

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English / 11/05/2016

Screening for bid-rigging - does it work?

This paper proposes a method to detect bid-rigging by applying mutually reinforcing screens to a road construction procurement data set from Switzerland in which no prior information about collusion was available. The screening method is particularly suited to deal with the problem of partial collusion, i.e. collusion which does not involve all firms and/or all contracts in a...

Institution partenaire

Université de Fribourg

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English / 07/04/2016

On the development of students’ attitudes towards corruption and cheating in Russian universities

Based on empirical data from selected public universities in Khabarovsk, Russia, this paper compares first and fifth year students regarding their attitudes towards corruption in general and university corruption in particular. Even after making both groups of students comparable with respect to a range of socio-economic characteristics by a matching approach, the results suggest...

Institution partenaire

Université de Fribourg

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English / 22/02/2016

How structurally stable are global socioeconomic systems?

The stability analysis of socioeconomic systems has been centred on answering whether small perturbations when a system is in a given quantitative state will push the system permanently to a different quantitative state. However, typically the quantitative state of socioeconomic systems is subject to constant change. Therefore, a key stability question that has been under-...

Institution partenaire

Université de Fribourg

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English / 04/02/2016

Stock fluctuations are correlated and amplified across networks of interlocking directorates

Traded corporations are required by law to have a majority of outside directors on their board. This requirement allows the existence of directors who sit on the board of two or more corporations at the same time, generating what is commonly known as interlocking directorates. While research has shown that networks of interlocking directorates facilitate the transmission of...

Institution partenaire

Université de Fribourg

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English / 04/02/2016

The finite sample performance of inference methods for propensity score matching and weighting estimators

This paper investigates the finite sample properties of a range of inference methods for propensity score-based matching and weighting estimators frequently applied to evaluate the average treatment effect on the treated. We analyse both asymptotic approximations and bootstrap methods for computing variances and confidence intervals in our simulation design, which is based on large...

Institution partenaire

Université de Fribourg

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English / 26/01/2016

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