Publications des institutions partenaires

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Economic growth and agricultural land conversion under uncertain productivity improvements in agriculture

We study how stochasticity in the evolution of agricultural productivity interacts with economic and population growth, and the associated demand for food. We use a two-sector Schumpeterian model of growth, in which a manufacturing sector produces the traditional consumption good and an agricultural sector produces food to sustain contemporary population. In addition, sectors differ...

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/ 15/06/2016

Do foreign demand shocks impact company sales in France?

An interaction can be observed between a company’s level of exports and its domestic sales. Estimates made using data on French companies show that a 10% increase (decrease) in exports is accompanied, in the same year, by a 1% to 3% increase (decrease) in domestic sales. This strong interaction between sales in different markets can result from short-term funding constraints that...

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/ 30/05/2016

Global population growth, technology and Malthusian constraints: a quantitative growth theoretic perspective

We structurally estimate a two-sector Schumpeterian growth model with endogenous population and finite land reserves to study the long-run evolution of global population, technological progress and the demand for food. The estimated model closely replicates trajectories for world population, GDP, sectoral productivity growth and crop land area from 1960 to 2010. Projections from 2010...

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/ 27/05/2016

Saving by default: evidence from a field experiment in Rural India

Worldwide, people are gaining access to a formal bank account, which allows account-based instead of cash payments. Based on a novel randomized control trial, we document that the payment method is an important determinant of savings behavior. In rural India, we study the effect on savings of allocating identical weekly payments on a bank account (treated) or in cash (control). The...

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/ 27/05/2016

Better more than one: portfolio currency pricing and exchange rate hedging

This paper examines the relationship between the composition of exporters' currency pricing portfolio - number and value of product sales in different currencies at a destination - and their success in trade as measured by continuing to their exporting activity. Detailed investigation of currency choice data of Russian exporters between 2005-2009 shows that many exporters use...

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/ 27/05/2016

Why give aid to resource-rich autocrats?

Why give aid to resource-rich autocrats? We find that the interaction between natural resources and most forms of international aid results in enhanced political instability in most autocratic countries. Interestingly, some types of government aid (notably humanitarian aid) do not have this effect, indicating that the impact of aid varies with its form. Furthermore, we find that only...

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/ 24/05/2016

Latent factor models for large and mixed-frequency data in finance and macroeconomics

My thesis considers new latent factor models, and their estimation methodologies, suitable for settings relatively unexplored in the econometric literature as (i) a nonlinear model for the joint dynamics of a large cross-sectional distribution of asset returns, and the persistence of the ranks of the individuals inside it; (ii) approximate linear latent factor models for large...

Institution partenaire

Università  della Svizzera italiana

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English / 30/03/2016

The quest to lower high remittance costs to Africa: a brief review of the use of mobile banking and bitcoins

The paper reviews the latest technological tools that arguably can contribute to reducing the excessively high costs of remittance transactions in Africa. Indeed, despite huge remittance inflows to and within the continent, Africa is the most expensive destination to send money to. As remittances have become more important than Overseas Development Assistance and Foreign Direct...

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English / 15/03/2016

Fire-sale FDI or business as usual?

Motivated by a set of stylized facts, we develop a model of cross-border mergers and acquisitions (M&As;) to study foreign direct investment (FDI) in emerging markets. We compare acquisitions undertaken during financial crises – so called fire-sale FDI –with acquisitions made during non-crisis periods to examine whether the outcomes differ in the ways predicted by the model....

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English / 11/03/2016

Options for trade, finance and development: getting the institutions right

The basic tenet of the present policy paper is that economic institutions are the key determinant of economic growth and development, and that policy-makers and developing country governments dealing with trade and finance must concentrate on “getting the institutions right.” In order to be implementable, policy recommendations must correct inefficiencies that the market system will...

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/ 10/03/2016

Oil price pass-through into inflation: the evidence from oil exporting countries

This paper evaluates different channels of oil price pass through into inflation for the countries Azerbaijan, Kazakhstan and Russia. We propose a methodology to disentangle the effects of different channels after an oil price shock hits international markets. We measure the relative importance of the two distinct channels through which oil price shocks are transmitted into inflation...

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/ 10/03/2016

Essays on the organizational consequences of on-line behavior of audiences

Over the past 2 decades, internet use has become increasingly more a part of our every-day lives. We communicate with our friends and colleagues using the internet, we work using the internet, we also shop using the internet. We learn and increase our knowledge from information available on the internet. While on the one hand, we advance from the instant access to online contexts...

Institution partenaire

Università  della Svizzera italiana

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English / 08/03/2016

Corporate mobility: Impacts on life domains and implications for work-life balance of international business travelers and expatriates

In my dissertation I aim to explore the impacts of work-related mobility on job, family life and personal well-being of the travelling employees. To do so, three studies have been conducted with the purpose to investigate business travel behavioral patterns and impacts of work-related mobility on various life domains of the three segments, namely frequent corporate business...

Institution partenaire

Università  della Svizzera italiana

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English / 01/02/2016

Braving the waves: the role of time and risk preferences in illegal migration from Senegal

This paper aims to provide the first evidence concerning the relationship between time ans risk preferences and illegal migration in an African context. Based upon our theoretical model and using a unique data set on potential migrants collected in urban Senegal, we evaluate a measure of time and risk preferences through the individual's intertemporal discount rate and coefficient of...

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Français, English / 15/01/2016

Lipschitz and Hölder stability of optimization problems and generalized equations

This paper studies stability aspects of solutions of parametric mathematical programs and generalized equations, respectively, with disjunctive constraints. We present sufficient conditions that, under some constraint qualifications ensuring metric subregularity of the constraint mapping, continuity results of upper Lipschitz and upper Hölder type, respectively, hold. Furthermore, we...

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English / 01/01/2016

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