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Consortium of Swiss Academic Libraries

Informal insurance in renewable resource harvesting

Chakraborty, Rabindra Nath

In: European Review of Agricultural Economics, 2002, vol. 29, no. 2, p. 219-236

Università della Svizzera italiana

What drives the substitutability between native and foreign workers? : evidence about the role of language

Gentili, Elena ; Mazzonna, Fabrizio

This paper investigates the role of language in determining the degree of substitutability between foreign and native workers. To this end, we focus on Switzerland, an immigration-receiving country with four official languages spoken, three of which in common with bordering countries. We modify the model proposed by Ottaviano and Peri (2012) to account for the linguistic background of native...

Università della Svizzera italiana

Exchange rate fluctuations and border crossings : evidence from the Swiss-Italian border

Bello, Piera

This paper provides an empirical analysis of the effects of nominal exchange rate fluctuations on cross-border mobility and on retailer firms' sales. Exchange rate shocks may affect the labour supply decisions of cross-border workers and the propensity for consumers to shop across the border. By using hourly data on traffic flows in Ticino, the southernmost canton of Switzerland, and data on...

Université de Fribourg

Evaluating local average and quantile treatment effects under endogeneity based on instruments : a review

Huber, Martin ; Wüthrich, Kaspar

(Working Papers SES ; 479)

This paper provides a review of methodological advancements in the evaluation of heterogeneous treatment effect models based on instrumental variable (IV) methods. We focus on models that achieve identification through a monotonicity assumption on the selection equation and analyze local average and quantile treatment effects for the subpopulation of compliers. We start with a comprehensive...

Università della Svizzera italiana

The role of culture in long-term care

Gentili, Elena ; Masiero, Giuliano ; Mazzonna, Fabrizio

The aim of this paper is to assess the role of culture in shaping individual preferences to- wards different long-term care (LTC) arrangements. The analysis uses Swiss data from two administrative databases covering the universe of formal LTC providers between 2007 and 2013. Switzerland is a multi-cultural confederation where state administrative borders do not always coincide with cultural...

Università della Svizzera italiana

Latent factor models for large and mixed-frequency data in finance and macroeconomics

Rubin, Mirco ; Gagliardini, Patrick (Dir.)

Thèse de doctorat : Università della Svizzera italiana, 2016 ; 2016ECO002.

My thesis considers new latent factor models, and their estimation methodologies, suitable for settings relatively unexplored in the econometric literature as (i) a nonlinear model for the joint dynamics of a large cross-sectional distribution of asset returns, and the persistence of the ranks of the individuals inside it; (ii) approximate linear latent factor models for large panels of...

Università della Svizzera italiana

Persistent and transient productive inefficiency in a regulated industry : electricity distribution in New Zealand

Filippini, Massimo ; Greene, William H. ; Masiero, Giuliano

The productive efficiency of a firm can be decomposed into two parts, one persistent and one transient. So far, most of the cost efficiency studies estimated frontier models that provide either the transient or the persistent part of productive efficiency. This distinction seems to be appealing also for regulators. During the last decades, public utilities such as water and electricity have...

Università della Svizzera italiana

Corporate flat tax reforms and businesses' location choices : evidence from Switzerland

Galletta, Sergio ; Redonda, Agustin

Profit taxation affects corporate investment decisions through several channels. This paper focuses on the impact of corporate income flat tax reforms on businesses' location choices. Since 1990, Swiss states (cantons) have been switching from a graduated to a flat tax rate scheme on profits. The paper assesses the effects of such a reform on the number of establishments by computing a...

Università della Svizzera italiana

Rational habits in residential electricity demand

Filippini, Massimo ; Hirl, Bettina ; Masiero, Giuliano

Dynamic partial adjustment models of residential electricity demand account for the fact that households may not adjust electricity consumption immediately in response to changes in prices, income, and other relevant factors, because of behavioral habits or adjustment costs for the capital stock of appliances. However, forward-looking behavior is generally neglected. Expectations about future...