On the Measurement of Corporatism

ABSTRACT: It is noticed that in both theoretical and empirical analyses concerning the relationship between corporatism and economic performance, the role of government is kept rather implicit. This article aims to incorporate government into the analysis in a more explicit way by analyzing whether government policies differ between corporatist and non-corporatist countries. The empirical results of the research reveal that corporatist countries are not only characterized by centralization or coordination of wage bargaining, but also by relatively high government expenditure, tax revenues, a higher ratio of active to passive labour market policies and also higher average unemployment benefits.     

Daisee: Adaptive importance sampling by balancing exploration and exploitation

We study adaptive importance sampling (AIS) as an online learning problem and argue for the importance of the trade-off between exploration and exploitation in this adaptation. Borrowing ideas from the online learning literature, we propose Daisee, a partition-based AIS algorithm. We further introduce a notion of regret for AIS and show that Daisee has $𝒪(\sqrt{T}{(\log T)}^{\frac{3}{4}})$ cumulative pseudo-regret, where $T$ is the number of iterations. We then extend Daisee to adaptively learn a hierarchical partitioning of the sample space for more efficient sampling and confirm the performance of both algorithms empirically.     

REVEALED PERFORMANCES: WORLDWIDE RANKINGS OF ECONOMISTS AND ECONOMICS DEPARTMENTS, 1990–2000

In this paper, I study the production of academic research by economics departments and economists. Worldwide rankings are provided based on both citations and publications. These rankings reveal a dominant position of the United States in the production of economics literature. Over time, however, the extent of this dominance is decreasing. (JEL: A10, A14)