Archives for IRES

Sandra McNally (University of Surrey and London School of Economics) Entry Through the Narrow Door: The Costs of Just Failing High Stakes Exams Abstract: In many countries, there are important thresholds in examinations which act as a gateway to higher levels of education and/or good...

Nuno Palma (European University Institute and the University of Groningen) The existence and persistence of liquidity effects: evidence from a large-scale historical natural experiment Abstract: The discovery of mines of precious metals in Central and South America led to a massive...

Albert Marcet (CSIC, ICREA, UAB, MOVE, Barcelona GSE & CEPR) Stock Price Booms and Expected Capital Gains? Abstract: The booms and busts in U.S. stock prices over the post-war period can to a large extent be explained by fluctuations in investors’ subjective capital gains...

Valérie Smeets (Aarhus University) Multi-product firms, import competition and the evolution of firmproduct technical efficiencies Abstract: We study how increased import competition induced by falling Chinese import tariffs affects the evolution of firm-product technical efficiencies...