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Economics

Economics

 

Economics is a social science that is concerned with the study of choices made by individuals and societies. It consists of two core fields: Microeconomics that studies behavior and interaction of individuals and firms, and Macroeconomics that studies behavior of economy as a whole.

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Recent Submissions

  • Aouani, Zaier; Cornet, Bernard (Economic Theory, 2016-10-21)
    When financial investors’ portfolio holdings are unconstrained, financial economies are assumed, w.l.o.g., to have no redundant assets. Indeed, eliminating redundant assets allows to replace the initial financial structure ...
  • P. Damijan, Jože; Konings, Jozef; Polanec, Sašo (LICOS Centre for Institutions and Economic Performance, 2012-05)
    This paper documents that a large fraction of trade flows at the firm level consists of simultaneous imports and exports in identical products, narrowly defined at the 8-digit product classification, which we call Pass-On ...
  • Amiti, Mary; Konings, Jozef (Centre for Economic Policy Research, 2005-06)
    This paper estimates the effects of trade liberalization on plant productivity. In contrast to previous studies, we distinguish between productivity gains arising from lower tariffs on final goods relative to those on ...
  • Konings, Jozef; Vanormelingen, Stijn (Centre for Economic Policy Research, 2009-09)
    This paper uses firm level panel data of firm provided training to estimate its impact on productivity and wages. To this end the strategy proposed by Ackerberg, Caves and Frazer (2006) for estimating production functions ...
  • Hutchinson, John; Konings, Jozef; Paul Walsh, Patrick (UCD GEARY INSTITUTE, 2009-08)
    We show that the stylized facts of the Firm Size Distribution (FSD) by age cohorts, as shown in Cabral and Mata (2003), bind within 4-digit manufacturing industries in the UK and Belgium. As in Klepper and Thompson (2006) ...
  • Abraham, Filip; Konings, Jozef; Vanormelingen, Stijn (LICOS Centre for Institutions and Economic Performance, 2007-01)
    In recent years, Europe has witnessed an accelerated process of economic integration. Trade barriers were removed, the euro was introduced and ten new member states have joined the European Union. This paper analyzes how ...
  • Abraham, Filip; Goesaert, Tim; Konings, Jozef (Algemeen secretariaat – Steunpunt beleidsrelevant Onderzoek Fiscaliteit & Begroting, 2012-01)
    This paper analyzes the geographic dispersion of employment restructuring in multinational enterprises, where we distinguish between headquarters and geographically dispersed affili- ates. To this end, we use data of 255 ...
  • Van Cayseele, Patrick; Konings, Jozef; De Loecker, Jan (Center for Economic Studies, 2003-12)
    The ex ante merger control process that exists at the EC as well as in many of the constituting member states is a particular type of government intervention, namely one in the market for corporate control. As such, ...
  • De Loecker, Jan; Konings, Jozef (LICOS Centre for Transition Economics, 2003-12)
    In most transition countries the aggregate level evidence suggests that most industries are just destroying jobs, due to the legacy of communism where overmanning levels of employment were the norm. This paper sheds light ...
  • Amiti, Mary; Itskhoki, Oleg; Konings, Jozef (National bureau of economic research, 2012-12)
    Large exporters are simultaneously large importers. In this paper, we show that this pattern is key to understanding low aggregate exchange rate pass-through as well as the variation in pass-through across exporters. ...
  • Decramer, Stefaan; Fuss, Catherine; Konings, Jozef (European Central Bank, 2014-12)
    Policy-making institutions such as the European Commission, the ECB and the OECD often use unit labor costs as a measure of international competitiveness. The goal of this paper is to examine how well this measure is ...
  • Konings, Jozef; Vandenbussche, Hylke (Centre for Economic Policy Research, 2008-02)
    This paper uses EU firm-level panel data to estimate the effect of Antidumping (AD) protection on the productivity of EU domestic firms in import-competing industries. We find that firms with relatively low initial ...
  • Abraham, Filip; Konings, Jozef; Slootmaekers, Veerle (Centre for Economic Policy Research, 2007-11)
    We use a new longitudinal data set of more than 15,000 Chinese manufacturing plants to show that the direct and indirect effects of foreign direct investment on measured firm level productivity depend on a number of firm ...
  • Konings, Jozef; Marcolin, Luca (K.U.LEUVEN, VIVES, 2013-05)
    Classic economic theory applied to the labor market assumes that markets are perfectly informed and able to allocate workers in open vacancies in equilibrium. These workers are paid a salary equal to their marginal product ...
  • Konings, Jozef; Murphy, Alan (Central Bank and Financial Services Authority of Ireland, 2005-03)
    This paper analyses the employment behavior of multinational enterprises (MNEs) in Europe. To this end we use a unique firm level panel data set of more than 1,000 European multinational parent enterprises and their ...
  • Van Biesebroeck, Johannes; Konings, Jozef; Volpe Martincus, Christian (Centre for Economic Policy Research, 2016-01-27)
    In the global recession of 2009, exports declined precipitously in many countries. We illustrate with firm‐level data for Belgium and Peru that the decline was very sudden and almost entirely due to lower export sales ...
  • Konings, Jozef; Vandenbussche, Hylke (Centre for Economic Policy Research, 2009-06)
    This paper empirically evaluates the effects of antidumping measures on the exports of protected firms. While antidumping protection raises the domestic sales of the more “traditional” non-exporting firms on the protected ...