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Strike incidence and outcomes: New evidence from the 2019 ECS (2023)
Journal Article
Addison, J. T., & Teixeira, P. (2024). Strike incidence and outcomes: New evidence from the 2019 ECS. European Journal of Industrial Relations, 30(2), 123-149. https://doi.org/10.1177/09596801231206979

This paper investigates the relationship between union organization, workplace representation, the quality of industrial relations and strike incidence, as well as the implications of the matters at stake in localized disputes. Strike incidence is fo... Read More about Strike incidence and outcomes: New evidence from the 2019 ECS.

Payment delay in workfare programmes and household welfare: Theory and some evidence from India (2023)
Journal Article
Basu, P., Raj S. N, R., & Sen, K. (2024). Payment delay in workfare programmes and household welfare: Theory and some evidence from India. Manchester School, 92(2), 93-121. https://doi.org/10.1111/manc.12460

Using the lens of a life cycle model, we argue that an administrative failure of a wage payment delay in a workfare programme could adversely affect the welfare of the poor through two channels. First, it imposes an implicit consumption tax on the ho... Read More about Payment delay in workfare programmes and household welfare: Theory and some evidence from India.

The "double-edged sword" effects of career support mentoring on newcomer turnover: How and when it helps or hurts. (2023)
Journal Article
Deng, H., Guan, Y., Zhou, X., Li, Y., Cai, D., Li, N., & Liu, B. (2023). The "double-edged sword" effects of career support mentoring on newcomer turnover: How and when it helps or hurts. Journal of Applied Psychology, 109(7), 1094-1114. https://doi.org/10.1037/apl0001143

Research on mentoring programs has portrayed them almost exclusively beneficial for newcomer retention. Drawing from the social cognitive model of career management and the boundaryless career perspective, we depart from this predominant view and exa... Read More about The "double-edged sword" effects of career support mentoring on newcomer turnover: How and when it helps or hurts..

Seller Compound Search for Bidders (2023)
Journal Article
Lee, J., & Li, D. Z. (2023). Seller Compound Search for Bidders. The Journal of Industrial Economics, 71(4), 1004-1037. https://doi.org/10.1111/joie.12355

This article studies a seller's compound search for bidders by a deadline. We show that the optimal search outcomes can be implemented by a sequence of second‐price auctions, characterized by declining reserve prices and increasing search intensities... Read More about Seller Compound Search for Bidders.

COVID-19 and emerging markets: A SIR model, demand shocks and capital flows (2023)
Journal Article
Cakmaklı, C., Demiralp, S., Kalemli Ozcan, S., Yesiltas, S., & Yıldırımk, M. A. (2023). COVID-19 and emerging markets: A SIR model, demand shocks and capital flows. Journal of International Economics, 145, Article 103825. https://doi.org/10.1016/j.jinteco.2023.103825

We quantify the macroeconomic effects of COVID-19 for a small open economy. We use a two-country framework combined with a sectoral SIR model to estimate the effects of collapses in foreign demand and supply. The small open economy... Read More about COVID-19 and emerging markets: A SIR model, demand shocks and capital flows.

Echo Chambers: Social Learning under Unobserved Heterogeneity (2023)
Journal Article
Williams, C. (2024). Echo Chambers: Social Learning under Unobserved Heterogeneity. The Economic Journal, 134(658), 837–855. https://doi.org/10.1093/ej/uead081

People are often more influenced by opinions similar to their own and even seek information from those with whom they expect to most agree—behaviors often attributed to irrational biases. In this paper, I argue that these behaviors can be understood... Read More about Echo Chambers: Social Learning under Unobserved Heterogeneity.

Theory of Socially Responsible Investment: A Review (2023)
Book Chapter
Marsiliani, L., Naga, L., Renström, T. I., & Spataro, L. (2023). Theory of Socially Responsible Investment: A Review. In L. Spataro, M. C. Quirici, & G. Iermano (Eds.), ESG Integration and SRI Strategies in the EU (11-45). Palgrave Macmillan. https://doi.org/10.1007/978-3-031-36457-0_2

Socially responsible investment (SRI), where individuals look beyond financial payoffs to integrate environmental, social and governance (ESG) factors into their investment decisions, is not fully explained by standard models of preferences. Conseque... Read More about Theory of Socially Responsible Investment: A Review.

Markovian Persuasion (2023)
Journal Article
Lehrer, E., & Shaiderman, D. (in press). Markovian Persuasion. Theoretical Economics,

In the classical Bayesian persuasion model an informed player and an uninformed one engage in a static interaction. The informed player, the sender, knows the state of nature, while the uninformed one, the receiver, does not. The informed player part... Read More about Markovian Persuasion.

Evaluating Fiscal Policy Reforms Using the Fiscal Frontier (2023)
Journal Article
Chen, X., Leith, C., & Ricci, M. (2023). Evaluating Fiscal Policy Reforms Using the Fiscal Frontier. Journal of Economic Dynamics and Control, 155, Article 104733. https://doi.org/10.1016/j.jedc.2023.104733

We develop a Fiscal Frontier which traces out the maximum government debt level that can be sustained at a given welfare cost. Through duality, the intertemporal policy mix underpinning the Frontier mirrors standard Ramsey policy and de nes an upper... Read More about Evaluating Fiscal Policy Reforms Using the Fiscal Frontier.

Eye-image as Nonverbal Social Cue has Asymmetric Gender Effects in Dictator Taking Games (2023)
Journal Article
Chowdhury, S. M., Young Jeon, J., & Saha, B. (2023). Eye-image as Nonverbal Social Cue has Asymmetric Gender Effects in Dictator Taking Games. Journal of Behavioral and Experimental Economics, 107, Article 102087. https://doi.org/10.1016/j.socec.2023.102087

Dictator giving games often demonstrate that nonverbal social cues, such as drawn-in eyes on display, induce pro-social behavior in the form of giving more. Notably, sometimes this effect is seen to differ between males and females. However, the effe... Read More about Eye-image as Nonverbal Social Cue has Asymmetric Gender Effects in Dictator Taking Games.

Silver lining of the water: The role of government relief assistance in disaster recovery (2023)
Journal Article
Akbulut-Yuksel, M., Rahman, M. H., & Ulubaşoğlu, M. A. (2023). Silver lining of the water: The role of government relief assistance in disaster recovery. European Journal of Political Economy, 79, https://doi.org/10.1016/j.ejpoleco.2023.102436

Combining three datasets, the Australian Longitudinal Census Panel of 2006 and 2011, engineering data on flood-water height, and administrative data on government relief assistance, we investigate whether and how the government’s post-disaster relief... Read More about Silver lining of the water: The role of government relief assistance in disaster recovery.

Bilateral Delegation, Wage Bargaining and Innovation (2023)
Journal Article
Mukherjee, A., & Saha, B. (in press). Bilateral Delegation, Wage Bargaining and Innovation. Journal of Institutional and Theoretical Economics, https://doi.org/10.1628/jite-2024-0023

A firm undertakes workers’ productivity improving R&D before negotiating wage with the union, where negotiation can take place between their incentivised delegates. Under bilateral delegation profit, R&D and productivity-wage gap all increase, whilst... Read More about Bilateral Delegation, Wage Bargaining and Innovation.

Migration and Trust: Evidence on Assimilation from Internal Migrants (2023)
Preprint / Working Paper
Marino Fages, D. Migration and Trust: Evidence on Assimilation from Internal Migrants

I study whether internal migrants assimilate culturally to the locals. Investigating this question with observational data has been challenging because it requires disentangling assimilation from sorting and because data on immigrants before migratin... Read More about Migration and Trust: Evidence on Assimilation from Internal Migrants.

Worker Commitment and Establishment Performance in Europe (2023)
Journal Article
Addison, J. T., & Teixeira, P. (2023). Worker Commitment and Establishment Performance in Europe. Manchester School, 92(1), 40-66. https://doi.org/10.1111/manc.12455

Using a cross section of matched data from the employee and management questionnaires of the European Company Survey for 28 nations, this paper investigates the determinants of worker commitment and the potential contribution of commitment to establi... Read More about Worker Commitment and Establishment Performance in Europe.

Unconventional Monetary Policy and the Bond Market in Japan: A New Keynesian Perspective (2023)
Journal Article
Basu, P., & Wada, K. (2023). Unconventional Monetary Policy and the Bond Market in Japan: A New Keynesian Perspective. Japan and the World Economy, 67, Article 101207. https://doi.org/10.1016/j.japwor.2023.101207

Using the lens of a medium scale DSGE model, we analyze macroeconomic effects of Japan’s unconventional monetary policy which is known as Qualitative and Quantitative Easing (QQE). Our focus is on the bond market. The model features: (i) commercial b... Read More about Unconventional Monetary Policy and the Bond Market in Japan: A New Keynesian Perspective.

Large sample properties of GMM estimators under second-order identification (2023)
Preprint / Working Paper
Kruiniger, H. (2022). Large sample properties of GMM estimators under second-order identification

Dovonon and Hall (Journal of Econometrics, 2018) proposed a limiting distribution theory for GMM estimators for a p - dimensional globally identified parameter vector {\phi} when local identification conditions fail at first-order but hold at second-... Read More about Large sample properties of GMM estimators under second-order identification.

Anger Impairs Strategic Behavior: A Beauty-Contest Based Analysis (2023)
Journal Article
Castagnetti, A., Proto, E., & Sofianos, A. (2023). Anger Impairs Strategic Behavior: A Beauty-Contest Based Analysis. Journal of Economic Behavior and Organization, 213, 128-141. https://doi.org/10.1016/j.jebo.2023.06.027

The frustration-aggression hypothesis posits that anger affects economic behaviour essentially by temporally changing individual social preferences and specifically attitudes towards
punishment. Here, we test a different channel in an experiment whe... Read More about Anger Impairs Strategic Behavior: A Beauty-Contest Based Analysis.