Research Publications and Outputs: Recent submissions
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Markov-Switching Models with Evolving Regime-Specific Parameters: Are Post-War Booms or Recessions All Alike?
Published 2012-02-01In this paper, we relax the assumption of constant regime-specific mean growth rates in Hamilton’s (1989) two-state Markov-switching model of the business cycle. We first present a benchmark model, in which each regime-specific ...Open AccessWorking Paper -
Bayesian Inference about the Types of Structural Breaks When There are Many Breaks
Published 2012-02-01I propose a Bayesian approach to making an inference about complicated patterns of structural breaks in time series. Structural break models in the literature are mainly considered for a simple case in which all the ...Open AccessWorking Paper -
New Insights into Conditional Cooperation and Punishment from a Strategy Method Experiment
Published 2012-01-01This paper introduces new experimental designs to examine how conditional cooperation and punishment behaviours respond to the full range of variation in the contributions of others. It is shown that contributions become ...Open AccessWorking Paper -
Social Comparison, Aspirations and Priming: When Fiction is as Powerful as Fact
Published 2012-01-01This study uses a novel application of priming to provide experimental evidence that aspirations and social comparisons may be influenced by non factual sources. A textual narrative eliciting social comparison is shown to ...Open AccessWorking Paper -
The discreet charm of the collective contract
Published 2012-02-01We compare individual with collective contracts using variations of a repeated gift- exchange game. Firms consist of one employer and three workers. In the individual variation (I) different workers can receive separate ...Open AccessWorking Paper