Since computing power and data storage have become cheaper and more easily available, the number of empirical papers in economics has increased dramatically. Despite the large numbers of empirical papers, however, there is still no unified and machine readable standard for saving regression results: The Open Economics WG would like to fill this gap by proposing and promoting an open standard fo...

This articles investigates the recent trends in co-authorship in economics. Using data from more than 700.000 journal articles we show that the average number of authors per has increased over the last years. This process is likely to be continued in the future. In a regression analysis we present evidence how the authorship of papers is related to the number of citations, the JEL classificatio...

I study the consumption responses of heterogeneous households following changes in both house prices and interest rates. I show the common assumption that household period utility is separable in housing and consumption can be consistent with the observed co-movement between these two series only in the absence of housing transaction costs. When these costs are introduced into dynamic stochasti...

The first electronic Economics preprint appeared in 1993. Since then the growth has been dramatic as the use of the World Wide Web has exploded. RePEc has been instrumental in facilitating access to Economics preprints and in bringing order to the chaos that the WWW frequently represents. In a related effort S-WoPEc provides user friendly tools for adding data to the RePEc system. While this is...

This paper considers the intersection of academic spatial analysis with the open source revolution. Its basic premise is that the potential for cross-fertilization between the two is rich, yet some misperceptions about these two communities pose challenges to realizing these opportunities. The paper provides a primer on the open source movement for academicians with an eye towards correcting th...

This paper provides a necessary and sufficient condition for the existence of nonautarkic contract in a risk sharing model with two-sided lack of commitment. Verifying the condition takes just one Guassian elimination of a matrix.

This paper considers the effects of corruption and government spending on economic growth. It starts from an endogenous growth model and extends it to account for the detrimental effects of corruption on the potentially productive components of government spending, namely military and investment spending. The resulting model is estimated on a sample of African countries and the results show, fi...

This paper looks at the convergence clubs literature from a Schumpeterian perspective, and it follows the idea that cross-country differences in the ability to innovate and to imitate foreign technologies determine the existence of clustering, polarization and convergence clubs. The study investigates the characteristics of different technology clubs and the growth trajectories that they have f...

The first electronic Economics preprint appeared in 1993. Since then the growth has been dramatic as the use of the World Wide Web has exploded. RePEc has been instrumental in facilitating access to Economics preprints and in bringing order to the chaos that the WWW frequently represents. In a related effort S-WoPEc provides user friendly tools for adding data to the RePEc system. While this is...