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~isPartOf:"London School of Economics and Political Science - Publications"
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61
New results and a model of scale effects on growth
Luintel, Kul Bahadur
;
Pourpourides, Panayiotis M.
-
2022
A consensus in the growth literature is that scale effects of R&D are non-existent across mature industrialized economies. However, the scrutiny across emerging economies is lacklustre at best. The empirical studies of scale effects also leave the issues of unbalanced regression (non-standard...
Persistent link: https://www.econbiz.de/10014480662
Saved in:
62
Mind the framing when studying social preferences in the domain of losses
Antinyan, Armenak
;
Corazzini, Luca
;
Fišar, Miloš
; …
-
2022
There has been an increasing interest in altruistic behaviour in the domain of losses recently. Nevertheless, there is no consensus in whether the monetary losses make individuals more generous or more selfish. Although almost all relevant studies rely on a dictator game to study altruistic...
Persistent link: https://www.econbiz.de/10014480686
Saved in:
63
Growth, cycles and residential investment
Santetti, Marcio
;
Nikiforos, Michalis
;
Von Arnim, Rudiger
-
2022
driver of the
business
cycle. This paper addresses these two issues. First, through four- and five-dimensional Structural …
business
cycle, demographics, and financial variables. …
Persistent link: https://www.econbiz.de/10014480699
Saved in:
64
A structural model of coronavirus behaviour: What do four waves of Covid tell us?
Meenagh, David
;
Minford, Patrick
-
2022
This paper extends Meenagh and Minford (2021) to the four waves of infection in the UK by end-2021, using the unique newly available sample-based estimates of infections created by the ONS. These allow us to estimate the e§ects on the Covid hospitalisation and fatality rates of vaccination and...
Persistent link: https://www.econbiz.de/10014480726
Saved in:
65
A structural model of coronavirus behaviour for testing on data behaviour
Meenagh, David
;
Minford, Patrick
-
2021
We fit the logistic function, the reduced form of epidemic behaviour, to the data for deaths from Covid-19, for a wide variety of countries, with a view to estimating a causal model of the covid virus' progression. We then set out a structural model of the Covid virus behaviour based on...
Persistent link: https://www.econbiz.de/10012875999
Saved in:
66
State-dependent or time-dependent pricing? New evidence from a monthly firm-level survey: 1980-2017
Dixon, Huw
;
Grimme, Christian
-
2021
We examine the relative importance of time and state dependence in the price-setting decisions of firms using a monthly panel of German firms over the period 1980-2017. We propose a refined version of time dependence by introducing different hazard functions for price increases and decreases. We...
Persistent link: https://www.econbiz.de/10012876011
Saved in:
67
Multilateral political effects on outbound tourism
Zhou, Bo
;
Zhang, Ying
;
Zhou, Peng
-
2021
To capture the role of politics in tourism, we propose a novel measure to quantify political relations based on text analysis of published diplomatic statements. We explain how political relations affect outbound tourist flows from China to Japan and Korea. Estimated on monthly data...
Persistent link: https://www.econbiz.de/10012876012
Saved in:
68
Lab-sophistication: Does repeated participation in laboratory experiments affect pro-social behaviour?
Medda, Tiziana
;
Pelligra, Vittorio
;
Reggiani, Tommaso
-
2021
Experimental social scientists working at research-intensive institutions deal inevitably with subjects who have most likely participated in previous experiments. It is an important methodological question to know whether participants that have acquired a high level of lab-sophistication show...
Persistent link: https://www.econbiz.de/10012876013
Saved in:
69
Revisiting the determinants of house prices in China's megacities: Cross-sectional heterogeneity, interdependencies and spillovers
Liu, Chunping
;
Ou, Zhirong
-
2021
We revisit the determinants of house prices in Chinaís megacities. Previous work on similar topics fails to account for the widespread cross-sectional heterogeneity and interdependencies, despite the importance of them. Using a PVAR estimated by the Bayesian method allowing for these features,...
Persistent link: https://www.econbiz.de/10012876014
Saved in:
70
Can debt monetisation be helpful for China's post-Covid recovery? Some empirical evidence
Cao, Ziyi
;
Ou, Zhirong
-
2021
A measure of the degree of debt monetisation is constructed for its impact on the
business
cycle to be studied in a … impact of debt monetisation on the
business
cycle dynamics is trivial, due to the low efficiency of the monetary transmission …
Persistent link: https://www.econbiz.de/10012876015
Saved in:
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