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E&BSS: Corruption and management practices. Firm-level evidence - Daphne Athanasouli (UCL SSEES)

We argue that corruption can decrease aggregate productivity by deteriorating firm management practices.  More...

Starts: Mar 18, 2014 5:00:00 PM

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E&BSS: The urban-rural divide in educational outcome: Evidence from Russia - Chiara Amini (London Metropolitan University, UK)

This paper analyses the differences in educational achievement between urban and rural Russian secondary school students using data from the Program for International Student Assessment (PISA) surveys. More...

Starts: Feb 11, 2014 5:30:00 PM

E&BSS: Are the Inflation Rates from the New EU Member States Ready for ECB Managing? - Juan Carlos Cuestas (University of Sheffield)

Publication date: Oct 24, 2013 1:59:16 PM

Start: Nov 12, 2013 5:00:00 PM

Location: Room 347, UCL SSEES Building, 16 Taviton Street, London, WC1H 0BW.

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In this paper we consider inflation rate differentials between seven Central and Eastern Countries (CEECs) and the Eurozone. We test for convergence in the inflation rate differentials, incorporating non-linearities in the autoregressive parameters, fractional integration with endogenous structural changes, and also consider club convergence analysis for the CEECs over the period 1997 to 2011 based on monthly data. Our empirical findings suggest that the majority of countries experience non-linearities in the inflation rate differential, however there is only evidence of a persistent difference in three out of the seven countries. Complementary to this analysis we apply the Phillips and Sul (2007) test for club convergence and find that there is evidence that most of the CEECs converge to a common steady state.

Juan-Carlos Cuestas is a Senior Lecturer at the University of Sheffield. His research interests lie primarily in the area of applied macroeconometrics and in particular the economic integration of European transition countries and development economics. Examples of his work include: the analysis of the persistence of shocks in European transition countries´ unemployment rates; the role of Germany in the economic convergence of Central and Eastern Europe; fiscal shocks and budget balance persistence in the EU countries from Central and Eastern Europe. His recent publications include papers in Journal of Comparative Economics, Journal of Common Market Studies and others.

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