YEAR

2008

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Agricultural Economics , Policy

Modelling of Agricultural Behavior under the CAP Regime: Assessment of Environmental Impacts and Policy Effectiveness

The structure of farming activity under the provisions of the generalized regime of the Common Agricultural Policy involving both the first and second pillar elements is modeled.

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Agricultural Economics , Policy

Modelling of Agricultural Behavior under the CAP Regime: Policy Effectiveness and Design

The paper discusses the design of optimal regulatory policies under an alternative analytical framework of unbounded and bounded rationality, by considering the mechanism that provides the type of the optimal CAP instruments that ensure the collective attainment of a social environmental target, along with the type of interdependence characterizing them

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Econometrics , Data Analytics

Forecasting Mortality Rate Using a Neural Network with Fuzzy Inference System

Various methods have been developed to improve mortality forecasts. The authors proposed a neuro-fuzzy model to forecast the mortality. The forecasting of mortality is curried out by an ANFIS model which uses a first order Sugeno-type FIS.

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Industrial Organization , Theory

Corporate Social Responsibility and Wage Discrimination in Unionized Oligopoly

The European labour markets are characterized by the existence of trade unions with extensive coverage whereas wage contracts are typically determined through decentralized firm-union bargaining. On the other hand, as it particularly refers to migrant and ethnic minority groups, equally-skilled workers often face lower reservation wages. We argue that these facts may lead unions to opt for discriminatory wage contracts across groups of employees.

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Finance , Applied Research

Optimal Portfolio Analysis for the Czech Republic, Hungary and Poland During 2001-2006 Period

This paper examines the strategy of investing in selected East European stock markets: The Czech Republic, Hungary, and Poland.

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Management , Applied Research

The Status and Development of Eco-businesses in Romania

The aim of this exploratory research is to offer information for the set-up of a new eco-business. The Romanian eco-businesses understood the necessity of development and implementation of the latest patterns in order to assure a sustainable development of the business. The entrepreneurs are conscious about the poor state of it in comparison with other European companies.

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Health Economics , Applied Research

Labour Discrimination a Symptom of HIV Experimental Evaluation: The Greek Case

In the current study having considered the fundamental points the first ever correspondence testing was conducted in order to test whether job applicants living with HIV (still) face prejudices in the crucial stage of the selection process in Greece.

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Econometrics , Data Analytics

Forecasting Unemployment Rate Using a Neural Network with Fuzzy Inference System

The paper presents a new technique in the field of unemployment modeling in order to forecast unemployment index. Techniques from the Artificial Neural Networks and from fuzzy logic have been combined to generate a neuro-fuzzy model.

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Industrial Organization , Theory

Horizontal Mergers and Acquisitions with Endogenous Efficiency Gains

We examine how the strategic long-run decisions, such as cost-reducing R&D invest- ments, prior to the decision for integration; create endogenous efficiency gains that make a horizontal integration profitable.

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Industrial Organization , Theory

Private CSR Activities in Oligopolistic Markets: Is There Any Room for Regulation?

The present paper examines the conditions under which the regulator can complement the provision of Corporate Social Responsibility (CSR) activities by private firms in an oligopolistic market.

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Industrial Organization , Theory

Do Firms' Owners Delegate both Short-Run and Long-Run Decisions to Their Managers in Equilibrium?

The present paper explores the scope of strategic delegation, to the firms' R&D investments and market competition in a Cournot Oligopoly.

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Agricultural Economics , Theory

Regulation of Farming Activities: An Evolutionary Approach

Farming activity is modeled under an intervention policy regime, combining the environmental requirements of the Council Nitrates Directive and the compensatory provisions of the second pillar of the Common Agricultural Policy

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Finance , Applied Research

Asymmetric Volatility Spillovers Βetween Stock Market and Real Activity: Evidence from UK and US

The present study examines the relation between real stock returns and real industrial production (IP) growth for the UK and the US.

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Game Theory , Theory

Strategic Delegation in Experimental Duopolies with Endogenous Incentive Contracts

We study the endogenous emergence of incentive contracts used by firm owners to delegate the strategic decisions of the firm

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Econometrics , Data Analytics

A Note on Missing Data Effects on the Hausman (1978) Simultaneity Test: Some Monte Carlo Results.

This short paper demonstrates the effects of using missing data on the power of the well-known Hausman (1978) test for simultaneity in structural econometric models.

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Macroeconomics , Data Analytics

Consumer Price Index. Does the Price Collection Frequency Matter? Some Monte Carlo Results.

In this paper, we examine the effects of data collection frequency on the computation of the Consumer Price Index (CPI).

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Industrial Organization , Applied Research

An Econometric Workbench for Comparing the Substantive and Dominance Tests in Horizontal Merger Analysis

We investigate for the individual and relative accuracy of two major market power tests: the Herfindahl Hirschman Index (HHI), and the merger simulation model of unilateral effects. We propose a methodology to compare the predictive and screening power of both tests by implementing them in a hypothetical economy.

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Game Theory , Applied Research

Strategic Behaviour and Risk Taking in Football

This article develops a dynamic game-theoretic model of optimizing strategic behaviour by football teams.

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Macroeconomics , Data Analytics

The Impact of the Advance of SME's for the Romanian Economy

The aim of the paper is to determine the state of IT within the Romanian organizations and its impact for the Romanian economy.

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Finance , Data Analytics

Nonlinear Diachronic Effects Between Stock Returns and Mutual Fund Flows: Additional Empirical Evidence from the Athens Stocks Exchange

This short paper examines the nonlinear interaction between mutual fund flows and stock returns in Greece. We investigate the possibility of a nonlinear causality mechanism through which mutual funds flows may affect stock returns and vice versa.

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Macroeconomics , Theory

Technical Progress and Early Retirement

This paper claims that technical progress induces early retirement of older workers. Technical progress erodes technology specific human capital. Since older workers have shorter career horizons, there is less incentive for them or for their employers to invest in learning how to use the new technologies. Consequently, they are more likely to stop working.

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Macroeconomics , Theory

Policy Uncertainty, Symbiosis, and the Optimal Fiscal and Monetary Conservativeness

This paper extends a well-known macroeconomic stabilization game between monetary and fiscal authorities introduced by Dixit and Lambertini (American Economic Review, 93: 1522-1542) to multiplicative (policy) uncertainty.

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Macroeconomics , Policy

Fiscal Policy under Balanced Budget and Indeterminacy: A New Keynesian Perspective

We investigate the effect of fiscal policy on equilibrium determinacy in a New Keynesian economy with rule-of-thumb (liquidity constrained) consumers and capital accumulation by focusing on the inter-action between monetary policy and taxation under the assumption of balanced budget.

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Labour Economics , Applied Research

Labour Discrimination as a Symptom of HIV: Experimental Evaluation: The Greek Case

In the present study, we conducted the first ever Correspondence Test in order to test whether job applicants who voluntarily disclose their HIV infections face prejudices in the selection process in Greece.

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Econometrics , Data Analytics

Temporal Aggregation Effects in Choosing the Optimal Lag Order in Stable ARMA Models: Some Monte Carlo Results

A crucial aspect of empirical research based on ARIMA(p,q) model is the choice of the appropriate lag order. Several criteria have been used in order to identify the appropriate order of a ARIMA(p,q) process. In this paper we investigate the effects of using a variation of selection criteria under different temporal aggregation levels.

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Labour Economics , Applied Research

Integrated Roma Earnings: A Multivariate Analysis for the Discrimination Hypothesis in Greece

This study is the first to apply econometric tools in the study of wage discrimination for the integrated Romani population.

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Econometrics , Data Analytics

Testing the Linearity of a Time Series. Some Monte-Carlo and Empirical Tests

This letter proposes a simple test for the linearity of a time series. We compare the small and large samples properties of the suggested test via Monte Carlo techniques with well known time domain linearity tests.

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Macroeconomics , Data Analytics

A Note on the Diachronic Behaviour of the OECD Forecasts for Greece

In this short paper a Gamma distributed lags model is used to study the diachronic responses between the actual data and the forecasts supplied by OECD the last 27 years for the case of the Greek Economy.

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Labour Economics , Applied Research

Women’s Sexual Orientation and Labour Market Outcomes

This study provides evidence on the relationship between lesbian women and their hiring prospects by employing the Correspondence Test for Greece.

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