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Recent Submissions

  • Fair weather or foul? The macroeconomic effects of El Niño 

    Cashin, P; Mohaddes, K; Raissi, M (Elsevier, 2017-05-01)
    This paper employs a dynamic multi-country framework to analyze the international macroeconomic transmission of El Niño weather shocks. This framework comprises 21 country/region-specific models, estimated over the period ...
  • Voting, education, and the Great Gatsby Curve 

    Rauh, C (Elsevier, 2017-02-01)
    High inequality goes hand in hand with low intergenerational earnings mobility across countries. Little is known about why the US is characterized by high inequality and low mobility, while the opposite tends to hold for ...
  • Dynamic Limit Pricing 

    Toxvaerd, F
    I study a multi-period model of limit pricing under one-sided incomplete information. I characterize pooling and separating equilibria and their existence, and determine when these involve limit pricing. For some parameter ...
  • Bringing production and employment back into development: Alice Amsden’s legacy for a new developmentalist agenda 

    Andreoni, Antonio; Chang, Ha-Joon (Oxford University Press, 2016-10-17)
    Building on Alice Amsden’s legacy, the article criticises the currently dominant view of development for its neglect of production and employment. To remedy its shortcomings, the article introduces a new theoretical synthesis ...

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