Working papers
IGIER fellows and affiliates publish books and articles in academic journals. Their current research projects are featured in the Working Paper series.
2005 - n° 288
Matthias Messner and Mattias Polborn
Keywords: strategic voting, runoff rule, plurality rule, equilibrium refinement, trembling hand perfection, coalition-proofness
2005 - n° 287
Pierpaolo Battigalli (University Bocconi)and Martin Dufwenberg (University of Arizona)
Keywords: psychological games, belief-dependent motivation, extensive-form solution concepts,dynamic interactive epistemology
2005 - n° 286
Massimilano Marcellino (Università Bocconi and IGIER)
Keywords: Business Cycles, Leading Indicators, Coincident Indicators, Turning Points,Forecasting
2005 - n° 285
Massimiliano Marcellino (Università Bocconi and IGIER), James Stock (Harvard University and NBER) and Mark Watson (Princeton University and NBER)
Keywords: multistep forecasts, VAR forecasts, forecast comparisons
2005 - n° 284
Domenico Giannone (ECARES, Universit Libre de Bruxelles), Lucrezia Reichlin (ECARES, Universit Libre de Bruxelles and CEPR) and Luca Sala (IGIER and IEP, Università Bocconi)
2005 - n° 283
Laura Bottazzi, Marco Da Rin and Thomas Hellmann
2005 - n° 282
Carlo Favero(IGIER, Università Bocconi and CEPR) and Tommaso Monacelli (IGIER, Università Bocconi and CEPR)
Keywords: active and passive fiscal policy rule, Markov-switching estimation, monetary policy rule
2005 - n° 281
Carlo Favero, Marco Pagano and Ernst-Ludwig von Thadden
2005 - n° 280
Carlo Favero, Iryna Kaminska and Ulf Soderstrom
Keywords: Yield curve, term structure of interest rates, predictability, forecasting,GDP growth, estimated Euler equation
2005 - n° 279
Ester Faia (Universitat Pompeu Fabra) and Tommaso Monacelli (IGIER, Università Bocconi and CEPR)
Keywords: Optimal monetary policy rules, financial distortions, price stability, asset prices
2005 - n° 278
J. Ignacio Conde-Ruiz (Prime Ministers Economic Bureau and FEDEA), Vincenzo Galasso (IGIER, Universita' Bocconi and CEPR)and Paola Profeta (Universita' di Pavia and Universita' Bocconi)
Keywords: pensions, lifetime income effect, tax burden, politicoeconomicMarkovian equilibrium
2004 - n° 277
Roberto Perotti (IGIER, Università Bocconi)
2004 - n° 276
Roberto Perotti (IGIER, Università Bocconi)
2004 - n° 275
Pierpaolo Battigalli (Bocconi University and IGIER)
Keywords: incomplete information, signaling, rationalization
2004 - n° 274
Marco Maffezzoli (Università Bocconi and IGIER)
Keywords: Italian regions, regional convergence, Total Factor Productivity, DataEnvelope Analysis
2004 - n° 273
Kai Leitemo (Norwegian School of Management) and Ulf Sderstrom (Dept. of Economicsand IGIER, Università Bocconi)
Keywords: Knightian uncertainty, model uncertainty, robust control, minmaxpolicies
2004 - n° 272
Michele Pellizzari
Keywords: Unemployment duration, unemployment insurance, social assistance
2004 - n° 271
Tito Boeri (Università Bocconi, IGIER andFondazione Rodolfo Debenedetti), J. Ignacio Conde-Ruiz (FEDEA) and Vincenzo Galasso (IGIER, Università Bocconi and CEPR)
Keywords: employment protection, unemployment insurance, political equilibria
2004 - n° 270
Marco Da Rin (Università di Torino, ECGI and IGIER), Giovanna Nicodano (Università di Torino) and Alessandro Sembenelli (Università di Torino)
Keywords: Venture Capital, Capital Gains Tax,Public R&D Expenditure, Barriers to Entrepreneurship, Stock Markets, Public Policy
2004 - n° 269
Carlo A. Favero (IGIER, Università Bocconi), Ottavio Ricchi (Ministero
2004 - n° 268
Antonella Trigari
Keywords: Monetary Policy, Labor Market Search, Business Cycles, Inflation
2004 - n° 267
Francesco Daveri (University of Parma and IGIER)
2004 - n° 266
Laura Bottazzi (Bocconi University, IGIER and CEPR),
Keywords: Venture Capital, Corporate Governance, Human Capital, Organizations
2004 - n° 265
Guido Tabellini
Keywords: Growth, Institutions and Democracy
2004 - n° 264
Francesco Giavazzi (IGIER, Università Bocconi) and Guido Tabellini(IGIER, Università Bocconi)
Keywords: development, democracy, economic reform, growth
2004 - n° 263
Jesper Lind (Sveriges Riksbank), Marianne Nessn (Sveriges Riksbank) and Ulf Soderstrom (IGIER and Università Bocconi)
Keywords: Structural open-economy model, new open-economy macroeconomics,estimation, calibration
2004 - n° 262
Tito Boeri and Michael Burda
Keywords: Wage rigidities, job protection, firing taxes, renegotiation costs, equilibrium unemployment
2004 - n° 261
Michael Artis, Massimiliano Marcellino and Tommaso Proietti
Keywords: Business cycles, dating algorithms, cycle synchronization, EU enlargement, seasonal adjustment
2004 - n° 260
Anindya Banerjee, Massimiliano Marcellino and Igor Masten
Keywords: Factor models, forecasts, time series models, Acceding countries
2004 - n° 259
Carlo Altomonte and Enrico Pennings
Keywords: hazard rates, uncertainty, foreign investment
2004 - n° 258
Domenico Giannone, Lucrezia Reichlin and Luca Sala
2004 - n° 257
Luca Sala
Keywords: Fiscal theory of the price level, monetary and fiscalpolicy interaction, VAR models, fiscal shocks
2004 - n° 256
Tore Ellingsen (Stockholm School of Economics) and Ulf Soderstrom (IGIER, Università Bocconi)
Keywords: Term structure of interest rates, yield curve, central bank privateinformation, excess sensitivity
2004 - n° 255
Matthias Messner (Bocconi University and IGIER) and Nicola Pavoni (University College London)
Keywords: Recursive saddle point, recursive contracts, dynamic programming
2004 - n° 254
Ester Faia (Universitat Pompeu Fabra) and Tommaso Monacelli (IGIER, Università Bocconi and CEPR)
Keywords: optimal monetary policy, Ramsey planner, Nash equilibrium, cooperation,sticky prices, imperfect competition
2004 - n° 253
Andrea Carriero (IGIER, Università Bocconi), Carlo Favero (IGIER, CEPR and Università Bocconi)and Iryna Kaminska (IGIER, Università Bocconi)
Keywords: Expectations Theory, Macroeconomic Information in Finance
2003 - n° 252
Tito Boeri (Università Bocconi-IGIER) and Juan F. Jimeno (FEDEA and Universidad de Alcal)
2003 - n° 251
Torsten Persson (IIES, Stockholm University, CEPR and NBER), Gerard Roland (UC Berkeley, CEPRE andWDI) and Guido Tabellini(IGIER, Bocconi University, CEPR and CES-Ifo)
Keywords: electoral rules, party systems, coalition governments, fiscal policy, electoral accountability
2003 - n° 250
Pietro Garibaldi (Bocconi University, IGIER and CEPR) and Etienne Wasmer (ECARES, Free University of Brussels, University of Metz and CEPR)
2003 - n° 249
Pierpaolo Battigalli (Bocconi University, IEP and IGIER)and Giovanni Maggi (Princeton University)
Keywords: writing costs, contingent vs spot contracting, formal vs informal contracts
2003 - n° 248
Pietro Garibaldi (Università Bocconi, CEPR and fRDB) and Etienne Wasmer (ECARES, Free University of Brussels, University of Metz and CEPR)
2003 - n° 247
Pietro Garibaldi (IGIER,Università Bocconi, CEPRand fRDB), Lia Pacelli (Università di Torino, LABORatorio R.Revelli) and Andrea Borgarello (LABORatorio R.Revelli)
Keywords: Employment Protection Legislation, Firm Size
2003 - n° 246
Matthias Messner (Bocconi University and IGIER) and Matthias Polborn (UWO and University of Illinois)
Keywords: Citizen-candidate model, political economy, private provision of publicgoods, wage for politicians
2003 - n° 245
Michele Polo (Università Bocconi, IGIER and SET) and Carlo Scarpa (University of Brescia and SET)
2003 - n° 244
Vincenzo Galasso (IGIER, Bocconi University and CEPR) and Paola Profeta
Keywords: Political Equilibria, Demographic Dynamics, Retirement Age
2003 - n° 243
Carlo Altomonte (Università Bocconi and KU Leuven)and Enrico Pennings (Università Bocconi and IGIER)
Keywords: discrete choice panel data, uncertainty, FDI, oligopolistic reaction
2003 - n° 242
Paolo Manasse (University of Bologna) and Luca Stanca (University of Milan-Bicocca)
Keywords: wage differentials, skill bias, technical progress, globalization
2003 - n° 241
Alejandro Cunat (LSE and CEPR) and Marco Maffezzoli (Universit� Bocconi and IGIER)
Keywords: International Trade, Heckscher-Ohlin
2003 - n° 240
Francesco Daveri (University of Parma and IGIER) . Paolo Manasse (University of Bologna andIGIER) and Danila Serra (London School of Economics)
Keywords: Globalization; Uncertainty; Trade and Wages; Wages; Employment; India; Training, Promotions, Labor markets
2003 - n° 239
Tito Boeri (Università Bocconi, IGIER, and Fondazione Rodolfo Debenedetti), J.Ignacio Conde-Ruiz (FEDEA) and Vincenzo Galasso (IGIER, Università Bocconi and CEPR)
Keywords: employment protection, unemployment insurance, political equilibria
2003 - n° 238
Alberto Alesina (Harvard University) and Guido Tabellini (Bocconi University)
2003 - n° 237
Michael Artis (European University Institute and CEPR), Massimiliano Marcellino (Università Bocconi, Igier and CEPR) and Tommaso Proietti (Università di Udine and European University Institute)
Keywords: Business cycle, Euro area, cycle dating, cycle synchronization
2003 - n° 236
Anindya Banerjee (European University Institute) and Massimiliano Marcellino (IEP-Bocconi University, IGIER)
Keywords: leading indicator, factor model, model selection, GDP growth, inflation
2003 - n° 235
Anindya Banerjee (European University Institute), Massiliano Marcellino (IEP, IGIER, Bocconi University) and Igor Masten (European University Institute)
Keywords: leading indicator, factor model, model selection, GDP growth, inflation
2003 - n° 234
Carlo A. Favero (IGIER, Università Bocconi and CEPR)
Keywords: Monetary and Fiscal Policy Rules, Markov Switching, Inflation
2003 - n° 233
Tommaso Monacelli (IGIER, Università Bocconi)
Keywords: Optimal monetary policy, commitment, discretion, fixed exchange rates
2003 - n° 232
Torsten Persson (IIES,Stockholm University) and Guido Tabellini (IGIER, Bocconi University)
Keywords: Elections, constitution, form of government, electoral rules, fiscal policy
2003 - n° 231
Alejandro Cunat (LSE, CEP, CEPR) and Marco Maffezzoli (IGIER, Università Bocconi)
Keywords: International Trade, Heckscher-Ohlin, Economic Growth, Convergence,Simulation
2003 - n° 230
Michele Polo (Università di Sassari and IGIER) and Carlo Scarpa (Università di Brescia)
2003 - n° 229
Pierpaolo Battigalli (Bocconi University and IGIER) and Giovanni Maggi (Princeton University and NBER)
Keywords: Trade Agreements, Standards, Incomplete contracts, Dispute Settlement Procedure, Nondiscrimination
2003 - n° 228
Tommaso Monacelli (IGIER, Bocconi University)
Keywords: deviations from the law of one price, policy trade-off, gains from commitment, exchange rate channel
2003 - n° 227
Francesco Daveri (Università di Parma, and IGIER)
Keywords: Labor productivity growth, G-7, Information technology, Sector productivity
2002 - n° 226
Francesco Daveriand Andrea Mascotto
Keywords: Productivity growth, US states, IT revolution, Information technology, USA
2002 - n° 225
Massimiliano Marcellino (Istituto di Economia Politica, Università Bocconi, IGIER)
Keywords: Fiscal policy, Policy coordination, Stabilization policy, Monetary policy
2002 - n° 224
Carlo Ambrogio Favero (IEP-Bocconi University, IGIER and CEPR ) and Francesco Giavazzi (Bocconi University, IGIER and CEPR)
2002 - n° 223
Carlo Ambrogio Favero(IEP-Bocconi University, IGIER and CEPR ), Massimiliano Marcellino (IEP-Bocconi University, IGIER and CEPR) and Francesca Neglia (IGIER)
Keywords: factor model, principal component, Taylor rule, monetary shock
2002 - n° 222
Francesco Daveri (Università di Parma and IGIER) and Olmo Silva (European University Institute)
Keywords: Productivity growth, Total Factor Productivity, Information technology, Finland, Europe
2002 - n° 221
Marco Aiolfi (Bocconi University) and Carlo Ambrogio Favero (Bocconi University and CEPR)
2002 - n° 220
Alejandro Cuat (LSE, CEP and CEPR) and Marco Maffezzoli (IEP - Università Bocconi)
Keywords: International Trade, Heckscher-Ohlin, Economic Growth
2002 - n° 219
Marco Maffezzoli (Istituto di Economia Politica, Università Bocconi) and Federico Trionfetti (Kings College, London and CEPII, Paris)
Keywords: projection methods, spatial models, economic geography
2002 - n° 218
Laura Bottazzi (Università Bocconi, IGIER and CEPR) and Marco Da Rin (Università di Torino and IGIER)
Keywords: Initial Public Offerings (IPOs) Corporate disclosure Going public Stock markets Ownership Operating performance Accounting standards
2002 - n° 217
Laura Bottazzi (Università Bocconi, IGIER and CEPR) and Paolo Manasse (Università di Bologna and IGIER)
2002 - n° 216
Massimiliano Marcellino (IEP- Bocconi University, IGIER and CEPR)
Keywords: European Monetary Union, Forecasting, Time-Varying models, Non-linear models, Instability, Non-linearity,
2002 - n° 215
Laura Bottazzi (Università Bocconi, IGIER and CEPR) and Giovanni Peri (University of California, Davis and CESifo)
Keywords: Innovation, R&D Spillovers, Europe, Regions
2002 - n° 214
Carlo Favero (Università Bocconi and IGIER)
2002 - n° 212
Massimliano Marcellino
2002 - n° 210
Alejandro Cuat (LSE, CEP and CEPR) e Marco Maffezzoli (Istituto di Economia Politica, Università Bocconi)
Keywords: International Trade, Heckscher-Ohlin, Business Cycles, Productivity Shocks
2002 - n° 209
Francesco Corielli (IMQ-Universita Bocconi) and Massimiliano Marcellino (Istituto di Economia Politica, Universita Bocconi, IGIER)
2001 - n° 208
Carlo Ambrogio Favero(Universita Bocconi and IGIER) and Massimiliano Marcellino(Istituto di Economia Politica, Universita Bocconi, IGIER)
2001 - n° 207
Stefania Albanesi (Universita Bocconi and IGIER)
2001 - n° 206
Enrico Pennings (IGIER and Universita Bocconi)
Keywords: Quality, Pricing, Irreversible Investment
2001 - n° 205
Enrico Pennings (IGIER and Universita Bocconi)
Keywords: Foreign Direct Investment, Tax Policy, Tariffs, Irreversibility, Uncertainty
2001 - n° 204
Paolo Manasse (IGIER and University of Bologna), Luca Stanca and Alessandro Turrini
2001 - n° 203
Michael Artis (Dept. of Economics, European University Institute) , Anindya Banerjee (Dept. of Economics, European University Institute) and Massimiliano Marcellino(Istituto di Economia Politica, Universita Bocconi, IGIER)
2001 - n° 202
Saku Aura (IGIER and IEP Bocconi University)
2001 - n° 201
Massimiliano Marcellino(Istituto di Economia Politica, Universita Bocconi IGIER), James H. Stock (Kennedy School of Government, Harvard University and the NBER) and Mark W. Watson (Department of Economics and Woodrow Wilson School, Princeton University and the NBER)
2001 - n° 200
Carlo Ambrogio Favero (IGIER-Università Bocconi and CEPR), Riccardo Rovelli (Università di Bologna)
2001 - n° 198
Stefania Albanesi (Università Bocconi, IGIER), V.V. Chari (University of Minnesota), Lawrence J. Christiano (Northwestern University)
2001 - n° 197
Carlo Ambrogio Favero (Università Bocconi, IGIER), Marco Aiolfi (Università Bocconi, IGIER), Giorgio Primiceri (Princeton University)
2001 - n° 196
Carlo Ambrogio Favero (Università Bocconi, IGIER), Fabio Milani (Università Bocconi, IGIER)
Keywords: model uncertainty, optimal monetary policy, interest rate smoothing
2001 - n° 194
J. Ignacio Conde-Ruiz (European University Institute) and Vincenzo Galasso (IGIER, Universidad Carlos lll de Madrid and CEPR )
2001 - n° 193
Eliana La Ferrara (Bocconi University and IGIER)
2001 - n° 192
Andrea Ichino (EUI and CEPR), Michele Polo (Bocconi University and IGIER) and Enrico Rettore (State University, Padova)
2001 - n° 191
Marciano Siniscalchi (IGIER and Princeton University)
2001 - n° 190
Pierpaolo Battigalli (Università Bocconi) and Marciano Siniscalchi (IGIER and Princeton University)
2001 - n° 189
Torsten Persson (IIES, Stockholm University) and Guido Tabellini (Università Bocconi and IGIER)