• Austerity, Fiscal Uncertainty, and Economic Growth: Insights from Fiscally Weak EU Countries 

      Curatola, Giuliano; Donadelli, Michael; Gioffré, Alessandro; Grüning, Patrick (2014-08-08)
      Recent empirical evidence suggests that during the last years fiscally weak European countries significantly cut their R&D budgets in an effort to reduce their deficit, according to the spirit of the Fiscal Compact. We ...
    • Commodities, Financialization, and Heterogeneous Agents 

      Branger, Nicole; Grüning, Patrick; Schlag, Christian (2016-04-28)
      The term 'financialization' describes the phenomenon that commodity contracts are traded for purely financial reasons and not for motives rooted in the real economy. Recently, financialization has been made responsible for ...
    • The Impact of Long-Run Macroeconomic Experiences on Personality 

      Vellekoop, Nathanaël (2016-08-01)
      Using two datasets containing demographically representative samples of the Dutch population, I study how lifetime experiences of aggregate labor market conditions affect personality. Three sets of findings are reported. ...