• Estimating the conduct of Istanbul’s diesel oil market

  Toprak Erdagi, Dílan; Rajendran, Rathi; Tanos, Kimberly (2022-07)

  Turkey’s oil industry has been experiencing increasing retail diesel prices over the years. The Energy and Market Regulatory Authority has intervened into the market several times because of anti-competitive retail prices. ...
• An unfair affair?: inequality spillovers of US monetary policy

  Batungbacal, Bernice; Contreras, María Paula; Martínez, Diego (2022-06-10)

  Amid an extremely financially interconnected economic environment across the globe, coupled with the increasing interest rates post-pandemic, concerns surrounding the indirect and unintended consequences of policy are ...
• The impact of the 2014-2016 Russian financial crisis on remittances, consumption, and credit: the case of Kyrgyzstan

  Breaks, Rachael; Durif, Clément; Sun, Peiyao; Voelz, Joule (2022-06-11)

  In this paper we consider the negative medium-term impact of the Russian Financial Crisis of 2014-2016 on remittances, consumption patterns, and credit in the Kyrgyz Republic. Using panel data, we show a significant drop ...
• A blessing or a curse: oil dependence and human capital in Nigeria

  Burkinshaw, Sarah; Indalecio González, Judith; Silberring, Jana; Simkins, Gregory (2022-06-11)

  Using all four waves of the Nigerian General Household Survey between 2011-2019, we implement a panel data model to investigate oil dependence and household human capital investment. We also supplement our analysis with a ...
• Fleeing the floods: the local health effects of internally displaced Malawians

  Prudencio, Laura; Suárez, María J.; English, Benjamin; Young, Nolan (2022-06)

  Natural disasters take lives, destroy homes, trigger epidemics, and affect individual health. Refugees fleeing to safety often are confined to camps and makeshift settlements until they can return home. As the climate ...
• Inflation in the time of climate change: a tail of unrequited love?: the effect of greenhouse gas emissions policies on the tails of the inflation distribution in Europe

  Torres, Angela; Vargas, Joelky; Weatherburn, William (2022-06-13)

  To reduce greenhouse gas emissions European countries have primarily relied on two polices: carbon taxes and the Emissions Trading Scheme. A growing body of research has studied the effect that these policies have had on ...
• Burning growth: rising temperatures in a growth-at-risk approach: a case study of Colombia

  Camilo, Camila; Rozada, Angie; Sanz, Carlos (2022-06-13)

  The rise in global temperatures have been a growing source of concern for policy makers given its potential impact for sustainable economic activity. This paper explores the effects of a temperature shock on the distribution ...
• Implications of market rating-based segmentation on intra-platform competition: an application to Airbnb's market in Barcelona

  Arenas, Paul; Paredes, Saúl (2021-07-14)

  In recent years, large platforms have raised concerns that they may engage in anticompetitive practices that affect the market competition. Therefore, analyze the competition structure inside platforms is a relevant issue ...
• Chilean fresh milk market: ex-post evaluation of competition authority's decisions

  Greene Morales, Elisa (2021-07-14)

  This report present a conceptual and empirical analysis of the Chilean Antitrust Authority's decision in the upstream dairy market. In 2004, the Antitrust Court decided that the biggest milk processors should not discriminate ...
• Green agreement in the electricity market: an ex-post evaluation of the 2013 Dutch coal power plants closure agreement

  Noviello, Ilaria; Tey, Shaun (2021-06)

  We undertook an ex-post analysis of a 2013 Agreement in the Netherlands to close five aging coal power plants in 2016 and 2017. First, we evaluate the Authority for Consumers and Markets’ (ACM) assumption that the plant ...
• Personality traits and mental health outcomes: the effect of the Covid-19 pandemic on young adults in the UK

  Akker, Ruben van den; Hammad, Nour; Marin, Alexandre (2021-07-24)

  Mental health outcomes significantly deteriorated in the United Kingdom as a result of the Covid-19 pandemic, particularly for younger individuals. This paper uses data from the Millennium Cohort Study to investigate the ...
• How earthquakes impact child development: evidence from Indonesia

  Blanchard, Thomas Jonathan Yasue; Masdottir, Katrin Svava; Schuelke, Lukas; Tully, Marc Robert (2021-06-11)

  Natural disasters frequently happen in Indonesia. However, the May 27, 2006 Yogyakarta earthquake still stands out with a magnitude of 6.3 on the Richter Scale. The total financial cost caused by the earthquake was US$ 3.1 ...
• Tracks to growth: does railway investment promote industrial development?

  Ng, Bryan; Gourevich, Isabella; Münch, Markus; Lim, Timothy (2021-06-11)

  In 2016, the first shipment left Ethiopia’s capital for Djibouti port, which handles 90% of Ethiopia’s international trade. The revolutionary 753km single-track electrified railway reduced the journey from 84 hours to 15 ...
• A departure from the sustainability approach: a structural debt level for EU countries

  Buades, Mercedes; Ibáñez, Lucía; Martínez, Andrés (2021-06)

  The reform of the European fiscal framework is a live debate and a need recently recognized by the European Commission. Surges in public debt as a result of the COVID-19 crisis intensify the debate, while the structural ...
• The role of pensions: exploring the link between pension funds, monetary policy and economic performance: a case study of the Netherlands

  Matthíasardóttir, Diljá; Zarges, Lara (2021-06-07)

  Shocks to the European Central bank’s unconventional monetary policy trigger Dutch pension funds to search for yield: A structural VAR analysis shows that the pension funds reallocate their asset holdings from bonds towards ...
• On the importance of soft skills in the U.S. labor market

  Biondi, Antonio; Kountoupis, Zacharias; Rabascall Costa, Joan; Solera, Marco (2020-07-14)

  This paper explores the role of soft skills in the U.S. labor market. According to the previous literature, these skills – also called non-cognitive- are crucial as they allow firms to lower coordination costs by trading ...
• Criminals or victims? : evidence on forced migration and crime from the Colombia–Venezuela border

  Dale, Maria; Gattorno, Giacomo; Osorio, André; Peers, Rebeca; Torres, Kerenny (2020-06)

  How does a sudden migrant crisis affect criminal activity, and through which mechanisms does this effect take place? We approach this topic by studying the effect of Venezuelan migration on crime rates in Colombia, in the ...
• The effectiveness of debt relief in mitigating the macroeconomic consequences of natural disasters

  Howard, Emma; Murphy, Kean; Nientker, Wouter; El-Ouaghlidi, Karim; Schmidt, Harry (2020-06-12)

  We employ a dynamic panel fixed effects model to assess the macroeconomic consequences of natural disasters in Africa and the effectiveness of debt relief in promoting post-disaster recovery. Our results show that floods ...
• A flexible fix? : assessing the labor market penalties to flexible working in Britain

  Lamb, Charlotte; Víglundsdóttir, Jana; Zicchieri, Alessandro (2020-06)

  This paper examines the wages and career prospects of employees in flexible work arrangements (FWAs). Using the British Household Panel Survey, we analyse the effect being in a FWA has on hourly wages and the likelihood ...
• Monetary policy and inequality dynamics : the case of the United Kingdom

  Condessa, Bruna; Salat, Isabel; Palacio, Maria Clara (2020-07)

  Using microeconomic data from the Family Expenditure Survey (FES), we investigate whether conventional and unconventional monetary policies played a role in explaining the evolution of British inequality over time. By ...

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