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An efficient linear GMM estimator for the covariance stationary AR (1)/unit root model for panel data (2007)
Journal Article
Kruiniger, H. (2007). An efficient linear GMM estimator for the covariance stationary AR (1)/unit root model for panel data. Econometric Theory, 23(3), 519-535. https://doi.org/10.1017/s0266466607070235

This paper considers generalized method of moments (GMM) estimation of the inclusive panel AR(1) model that contains the covariance stationary panel AR(1) model and the panel AR(1) model with a unit root as special cases. The paper presents a two-ste... Read More about An efficient linear GMM estimator for the covariance stationary AR (1)/unit root model for panel data.

Remittances and real investment: A critical appraisal on South East Asian Economies (2007)
Journal Article
Rahman, M., & Shabnam, N. (2007). Remittances and real investment: A critical appraisal on South East Asian Economies

This research analyzes the relationship between remittances and economic development in the context of South and South East Asian economies by using simultaneous equations model under the concept of panel data least-squares dummy variable regression... Read More about Remittances and real investment: A critical appraisal on South East Asian Economies.

Optimal dynamic labor taxation (2007)
Journal Article
Basu, P., & Renström, T. (2007). Optimal dynamic labor taxation. Macroeconomic Dynamics, 11(5), 567-588. https://doi.org/10.1017/s1365100507060221

We analyze optimal dynamic taxation when labor supply is indivisible. As in Hansen (1985) and Rogerson (1988), markets are complete, and an employment lottery determines who works. The consumer can buy insurance to diversify this income uncertainty.... Read More about Optimal dynamic labor taxation.

Selection Bias and Peer Effects in Team Sports: the Effect of Age Grouping on Earnings of German Soccer Players (2007)
Journal Article
Ashworth, J., & Heyndels, B. (2007). Selection Bias and Peer Effects in Team Sports: the Effect of Age Grouping on Earnings of German Soccer Players. Journal of Sports Economics, 8(4), 355-377. https://doi.org/10.1177/1527002506287695

This article analyzes how age grouping in youth competitions and soccer education programs affects wage formation at the professional level. A simple theoretical model shows that professional players born late after the cutoff date are expected to ea... Read More about Selection Bias and Peer Effects in Team Sports: the Effect of Age Grouping on Earnings of German Soccer Players.

Evaluating the human resource shared services model: Evidence from the NHS (2007)
Journal Article
Redman, T., Snape, E., Wass, J., & Hamilton, P. (2007). Evaluating the human resource shared services model: Evidence from the NHS. The International Journal of Human Resource Management, 18(8), 1486-1506. https://doi.org/10.1080/09585190701502612

This paper examines the shared service model of organizing the human resource management function. It reports the results from a study of the introduction of human resource shared services (HRSS) in four NHS organizations. Findings suggest that the H... Read More about Evaluating the human resource shared services model: Evidence from the NHS.

Estimating risk attitudes in Denmark: A Field Experiment (2007)
Journal Article
Harrison, G., Lau, M., & Rutstrom, E. (2007). Estimating risk attitudes in Denmark: A Field Experiment. The Scandinavian Journal of Economics, 109(2), 341-368. https://doi.org/10.1111/j.1467-9442.2007.00496.x

We estimate individual risk attitudes using controlled experiments in the field in Denmark. The experiments were carried out across Denmark using a representative sample of 253 people between 19 and 75 years of age. Risk attitudes are estimated for v... Read More about Estimating risk attitudes in Denmark: A Field Experiment.

Skating on Thin Ice: Rule Changes and Team Strategies in the NHL. (2007)
Journal Article
Banerjee, A., Swinnen, J. F., & Weersink, A. (2007). Skating on Thin Ice: Rule Changes and Team Strategies in the NHL. Canadian Journal of Economics, 40(2), 493-514. https://doi.org/10.1111/j.1540-5982.2007.00418.x

Abstract.  In an effort to stimulate a more exciting and entertaining style of play, the National Hockey Association (NHL) changed the rewards associated with the results of overtime games. Under the new rules, teams tied at the end of regulation bot... Read More about Skating on Thin Ice: Rule Changes and Team Strategies in the NHL..

Political institutions and economic growth (2007)
Journal Article
Marsiliani, L., & Renstrom, T. (2007). Political institutions and economic growth. Economics of Governance, 8(3), 233-261. https://doi.org/10.1007/s10101-007-0038-z

We analyze the impact of micro-founded political institutions on economic growth in an overlapping-generations economy, where individuals differ in preferences over a public good (as well as in age). Labour- and capital taxes finance the public good... Read More about Political institutions and economic growth.

The nature and consequences of organization-employee and union-member exchange: An empirical analysis (2007)
Journal Article
Snape, E., & Redman, T. (2007). The nature and consequences of organization-employee and union-member exchange: An empirical analysis. Journal of Labor Research, 28(2), 359-374

Drawing on a study of 423 union members in a UK Primary Care Trust, we use structural equation modeling to investigate the extent to which organizational and union commitment and citizenship behaviors are a function of economic and social exchange. F... Read More about The nature and consequences of organization-employee and union-member exchange: An empirical analysis.

Endogenous growth and time-to-build: The AK case (2007)
Journal Article
Bambi, M. (2008). Endogenous growth and time-to-build: The AK case. Journal of Economic Dynamics and Control, 32(4), 1015-1040. https://doi.org/10.1016/j.jedc.2007.04.002

In this paper, a continuous time AK model is fully analyzed under the time-to-build assumption. The existence and uniqueness of a (real) balanced growth path as well as oscillatory convergence are proved. Transversality conditions and capital depreci... Read More about Endogenous growth and time-to-build: The AK case.

Valuation using multiple price list formats (2007)
Journal Article
Anderson, S., Harrison, G., Lau, M., & Rutstrom, E. (2007). Valuation using multiple price list formats. Applied Economics, 39(6), 675-682. https://doi.org/10.1080/00036840500462046

We examine the properties of a popular method for elicitation of valuations from experimental subjects, the multiple price list format. The main advantages of this format are that it is relatively transparent to subjects and provides simple incentive... Read More about Valuation using multiple price list formats.

Oligopoly Games with Local Monopolistic Approximation. (2007)
Journal Article
Bischi, G., Naimzada, A., & Sbragia, L. (2007). Oligopoly Games with Local Monopolistic Approximation. Journal of Economic Behavior and Organization, 62(3), 371-388. https://doi.org/10.1016/j.jebo.2005.08.006

We propose an oligopoly game where quantity setting firms have incomplete information about the demand function. At each time step they solve a profit maximization problem assuming a linear demand function and ignoring the effects of the competitors’... Read More about Oligopoly Games with Local Monopolistic Approximation..

Co-ordinated environmental regulation: Controlling non-point nitrate pollution while maintaining river flows (2007)
Journal Article
Aftab, A., Hanley, N., & Kampas, A. (2007). Co-ordinated environmental regulation: Controlling non-point nitrate pollution while maintaining river flows. Environmental and Resource Economics, 38(4), 573-593. https://doi.org/10.1007/s10640-007-9090-y

Environmental policy often addresses multiple targets, yet much economic analysis of pollution control is based on a single-target objective. In this paper, we present an analysis of policies to control non-point source nitrate pollution in the prese... Read More about Co-ordinated environmental regulation: Controlling non-point nitrate pollution while maintaining river flows.

Public sector corruption and major earthquakes: A potentially deadly interaction. (2007)
Journal Article
Escaleras, M., Anbarci, N., & Register, C. (2007). Public sector corruption and major earthquakes: A potentially deadly interaction. Public Choice, 132(1-2), 209-230. https://doi.org/10.1007/s11127-007-9148-y

Recent studies have identified various negative effects of public sector corruption. We add to these by considering the association between corruption and deaths due to major earthquakes. After developing a brief theoretical model of the relation bet... Read More about Public sector corruption and major earthquakes: A potentially deadly interaction..

Butter mountains and wine lakes (2007)
Journal Article
Reinhorn, L. (2007). Butter mountains and wine lakes. Economics Letters, 94(2), 197-201. https://doi.org/10.1016/j.econlet.2006.06.029

One consequence of the EU's common agricultural policy was surplus: “butter mountains” and “wine lakes.” This paper shows that it may be optimal for the government to stockpile agricultural products as part of an overall plan for income redistributio... Read More about Butter mountains and wine lakes.