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CSEF - Center for Studies in Economics and Finance

1998

February

The Degree of Conservatorism of the Central Bank
Marcello D’AMATO (University of Salerno)

March

Reforms and Lobbies: A Common Agency Approach
Cecilia TESTA (London School of Economics and STICERD)

Crime, Punishment and Confession: the Effects of ‘Leniency Programs’
Michele POLO (IGIER and Bocconi) and Massimo Motta (Università Pompeu Fabra)

April

Competition, Positive Profits and Market Clearing under Asymmetric Information
Alberto BENNARDO (Chicago University)

Semi-Parametric Estimation of Preference Functions: Methodology and Simulations
Marie Edith BISSEY (University of York and CSEF, University of Salerno)

Banking (Conservatively) with Optimists
Michael MANOVE (Boston University) and A. Jorge PADILLA (CEMFI, Madrid)

May

Education and the Evolution of the Distribution of Earnings in the US: Evidence from the PSID
Luigi PISTAFERRI (University College London) and Costas MEGHIR (University College London and IFS)

Effects of Credit Market Integration in Economies with Costly Monitoring in the Credit Market
Vania SENA (University of Salerno and University of York)

Block Premia in Transfer of Corporate Control
Fausto PANUNZI (University College London), Mike BURKARTS (Stockholm School of Economics) and Denis GROMB (MIT)

Financial Intermediation and Growth: Long-Run Consequence of Capital Market Imperfection
Thierry TRESSEL (DELTA and CSEF, University of Salerno)

June

Asset Holdings and Consumption Volatility
Orazio Attanasio (University College London), James Banks (IFS) and Sarah Tanner (IFS)

Anti-Competitive Financial Contracting
Giacinta CESTONE (University of Toulouse) and Lucy White (University of Toulouse)

Borrowing Constraints, Portfolio Choice and Precautionary Motives: Theoretical Predictions and Empirical Complications
Michael HALIASSOS (University of Cyprus and IMOP - Athens), and Christis HASSAPIS (University of Cyprus)

November

Information Sharing in Credit Markets: International Evidence
Tullio JAPPELLI and Marco PAGANO (CSEF, University of Salerno)

Intra-Household Allocation of Labor Supply: Theory and Tests
Maria Concetta CHIURI (CSEF, University of Salerno)

December

Economic Development and Evolution of Credit Market Structure
Luca DEIDDA (University of London)

Term Investment of Banks and Optimal Regulation
Aleix CALVERAS (Universitat Autònoma de Barcelona)