• The impact of Brexit on research and development

  Coughlan, James; Hewett, Timothy; Pla Farriol, Eduard (2024-06)

  This paper exploits the natural experiment provided by the 2016 Brexit referendum to examine the effects of increased trade barriers on investment in research and development. We use a synthetic control method to compare ...
• Do early pension withdrawals reduce labour supply?: evidence from Australia’s pandemic response

  Lane, Oscar; Liu, Mingji (2024-06)

  We investigate the impact of the early release of Australian pension savings during the COVID-19 pandemic on labour supply behaviour using a comprehensive longitudinal panel dataset. Given the endogenous nature of this ...
• Shaken foundations: the impact of the 2007 Perú earthquake on human capital accumulation

  Leslie, Cathal; Tillo, David; Morris, Harry; Castillo, Lakshmi; Atazona, Luke; Cheeseman, William (2023-06)

  Our paper investigates whether the 2007 earthquake in Ica, Perú had long lasting impacts through human capital accumulation in Perú. We conduct our analysis through a dynamic difference-in-difference and propensity score ...
• Banking crisis prediction: exploring the role of text-based indicators

  Hunter, Timothy; Garcia Aguilar, Ferran (2023-06-12)

  We study text indicators to improve banking crisis forecasts. Using newspaper headlines from 18 countries over 1950-2019, we apply latent dirichlet allocation (lDA) to extract topic frequencies summarising the economic ...
• The impact of a minimum wage increase on labour market outcomes: evidence from the northern Mexican border

  Ríos Juaristi, Silvia; Easterling, Joe; Torres Rojas, Inés; Contreras Contreras, Jimena (2023-06)

  A large informal sector and a low minimum wage have contributed to persistently high rates of inequality and poverty across Mexico. In particular, the development of cities located along the Mexico-US border has lagged ...
• Fiscal insurance during financial distress: the case of Belgian sovereign debt in the 21st century

  Alturki, Deema; Bernstein, Emil; Lara White, Isabela (2023-06-12)

  We empirically test the theoretical hypothesis that long term bonds offer governments fiscal insurance in times of crisis, analyzing Belgian sovereign debt dynamics during the 21st century. We use a novel data set of monthly ...
• Public and private investment in BEV charging infrastructure and spillover effects

  Frønsdal, Karianne; Recusani, Susanna (2023-07)

  Norway, a BEV adoption leader, targets zero-emissions car market by 2025. This research explores charging point impact on Norwegian BEV adoption, considering public and private investment. Using event studies, QGIS geospatial ...
• The competitiveness of battery storage in the electricity market

  Gray, Danny; Rojas, Matías (2023-06-29)

  We build an electricity market model for Chile to investigate the competitiveness of utility-scale battery storage as costs change. We find that batteries are competitive from the social planner’s perspective under current ...
• Evaluating the impact of competition and spillover effects in crowdfunding markets

  Guest, Natalie; Deighton, Liam (2023-06)

  This paper examines the competitive dynamics of crowdfunding platforms, evaluating hypothesis of competition and spillover effects. It first evaluates a ’Competition Hypothesis’ that considers that projects compete for ...
• From trade winds to tsunamis: examining the effects of China's WTO integration on Chilean SMEs

  Arellano Baeza, Daniela; Babu, Dayitha; Gené, Blanca; Seberini, Daniella; Weathersby, Elizabeth (2023-06)

  In the 1990s, Chile began to integrate more into the global economy. Likewise, China was becoming a major player in the world trade market. By 2007, China was Chile's main trading partner and Chinese goods accounted for ...
• EC's methodology in Ryanair/Aer Lingus applied to Jetblue/Spirit: a review of merger analysis in airline markets

  Pinent Sans, Immaculada; Freixa Martínez, Joan (2023-06)

  In 2007 the European Commision (EC) prohibited Ryanair’s acquisition of Aer Lingus after an extensive analysis that indicated that the merger would be detrimental to consumers. To support their arguments, the EC included ...
• Taking a rain-check: the effect of droughts on educational attainment in Brazil

  Maddaloni, Dario; McKnight, Lucille; Serra, Francesco; Wibisono, Iqbal (2022-06)

  Droughts are thought to lower the opportunity cost of investing in education. However, there is limited evidence on the impact of droughts on human capital investment in children’s education, especially in developing ...
• 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. ...
• The Chilean injectables cartel: detection of collusion in public procurement

  Méndez Fernández, Daniel; Saiz Contreras, Noelia (2022-07)

  This paper looks at the effectiveness of recently developed safe-tests for the detection of collusion in public procurement. We discuss the prevalence and consequences of collusion in public procurement, as well as the ...
• 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 ...

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