Gylfi Zoega

University of Iceland

IS-101 Reykjavik

Iceland

University of London - Birkbeck College

Professor (part time)

Malet Street

London, WC1E 7HX

United Kingdom

Centre for Economic Policy Research (CEPR)

Fellow

London

United Kingdom

SCHOLARLY PAPERS

38

DOWNLOADS
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7,456

SSRN CITATIONS
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SSRN RANKINGS

Top 5,340

in Total Papers Citations

16

CROSSREF CITATIONS

185

Scholarly Papers (38)

1.

On the Causes of Brexit

CESifo Working Paper Series No. 6056
Number of pages: 35 Posted: 12 Oct 2016
Agust Arnorsson and Gylfi Zoega
University of Iceland and University of Iceland
Downloads 4,025 (2,328)
Citation 4

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Brexit referendum, European Union

2.

Inequality and Economic Growth: Do Natural Resources Matter?

CESifo Working Paper Series No. 712
Number of pages: 38 Posted: 28 Jun 2002
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 1,046 (20,937)

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3.

Education, Social Equality and Economic Growth: A View of the Landscape

CESifo Working Paper Series No. 876
Number of pages: 27 Posted: 10 Mar 2003
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 404 (74,450)
Citation 1

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4.

Social Capital and the Labor Market

Capitalism & Society, Vol. 11, Issue 1, Article 1, 2016
Number of pages: 29 Posted: 02 Jun 2016
Agust Arnorsson and Gylfi Zoega
University of Iceland and University of Iceland
Downloads 271 (116,132)

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5.

Demographics and Unemployment

University of Iceland Institute of Economic Studies Working Paper No. W0109
Number of pages: 35 Posted: 01 Oct 2003
University of Reykjavik, University of Iceland and Center on Capitalism and Society, Columbia University
Downloads 176 (176,098)
Citation 1

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Unemployment, age-stucture, G7

6.

A Microstate with Scale Economies: The Case of Iceland

University of Iceland, Institute of Economic Studies Working Paper No. W02:10
Number of pages: 29 Posted: 07 Oct 2003
Tryggvi Thor Herbertsson and Gylfi Zoega
University of Reykjavik and University of Iceland
Downloads 135 (219,814)
Citation 1

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Economies of scale, R&D, Icelandic economic history

7.
Downloads 131 (225,114)
Citation 4

Labour-Market Institutions and Macroeconomic Shocks

IZA Discussion Paper No. 539
Number of pages: 25 Posted: 21 Aug 2002
Yu-Fu Chen, Dennis J. Snower and Gylfi Zoega
University of Dundee - Department of Economic Studies, University of Kiel - Institute for World Economics (IfW) and University of Iceland
Downloads 88 (299,370)

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Firing Costs, Stochastic Demand, Hiring and Firing, Real Options

Labour-Market Institutions and Macroeconomic Shocks

Labour, Vol. 17, pp. 247-270, June 2003
Number of pages: 24 Posted: 03 Oct 2003
Yu-Fu Chen, Dennis J. Snower and Gylfi Zoega
University of Dundee - Department of Economic Studies, University of Kiel - Institute for World Economics (IfW) and University of Iceland
Downloads 32 (484,443)
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Labour Market Institutions and Macroeconomic Shocks

CEPR Discussion Paper No. 3480
Number of pages: 26 Posted: 18 Sep 2002
Yu-Fu Chen, Dennis J. Snower and Gylfi Zoega
University of Dundee - Department of Economic Studies, University of Kiel - Institute for World Economics (IfW) and University of Iceland
Downloads 11 (619,230)
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Firing costs, stochastic demand, hiring and firing, real options

8.

Are Risky Workers More Valuable to Firms?

Watson Wyatt Technical Paper No. 2006-1
Number of pages: 12 Posted: 20 Mar 2006
J. Michael Orszag and Gylfi Zoega
Willis Towers Watson - Reigate (Surrey Office) and University of Iceland
Downloads 122 (237,565)

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Uncertainty, wage setting, hiring, employment

Evaluating the Persistence and Structuralist Theories of Unemployment from a Nonlinear Perspective

Birkbeck College Discussion Paper No. 28/99, Cass Business School Research Paper
Number of pages: 39 Posted: 13 Nov 2001
Ana-Maria Fuertes, Jerry Coakley and Gylfi Zoega
Cass Business School, City University of London, University of Essex - Essex Business School and University of Iceland
Downloads 119 (243,082)
Citation 2

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Business cycle asymmetries, structural break, hysteresis

Evaluating the Persistence and Structuralist Theories of Unemployment from a Nonlinear Perspective

Studies in Nonlinear Dynamics & Econometrics, Vol. 5, No. 3, October 2001, Cass Business School Research Paper
Posted: 15 May 2003
Ana-Maria Fuertes, Jerry Coakley and Gylfi Zoega
Cass Business School, City University of London, University of Essex - Essex Business School and University of Iceland

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Asymmetries, structural breaks, hysteresis, threshold autoregression

10.

Oligopsony, Institutions and the Efficiency of General Training

IZA Discussion Paper No. 618
Number of pages: 34 Posted: 06 Dec 2002
Australian National University (ANU) - Research School of Social Sciences (RSSS), University of Essex and University of Iceland
Downloads 116 (246,635)

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Training, Oligopsony, Unions, Minimum Wages

11.

Ownership and Growth

Number of pages: 27 Posted: 07 Jan 1999
University of Iceland - Faculty of Economics and Business Administration, University of Reykjavik and University of Iceland
Downloads 97 (279,073)
Citation 3

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12.

The Modigliani 'Puzzle'

IoES Working Paper No. W01:05
Number of pages: 8 Posted: 17 Aug 2001
Tryggvi Thor Herbertsson and Gylfi Zoega
University of Reykjavik and University of Iceland
Downloads 96 (281,048)

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investment, unemployment, age-structure

13.

The Financial Crisis: Joblessness and Investmentlessness

Capitalism and Society, Vol. 5, Issue 2, Article 3, 2010
Number of pages: 28 Posted: 30 Jan 2013
Gylfi Zoega
University of Iceland
Downloads 81 (312,460)

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14.

East Versus West on the European Populism Scale

CESifo Working Paper Series No. 6663
Number of pages: 17 Posted: 24 Oct 2017
Jonas Gunnarsson and Gylfi Zoega
University of Iceland - Department of Economics and University of Iceland
Downloads 72 (337,002)

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populist right-wing parties, survey evidence

European Integration and the Feldstein-Horioka Puzzle

CESifo Working Paper Series No. 5180
Number of pages: 17 Posted: 04 Feb 2015
Margarita Katsimi and Gylfi Zoega
Athens University of Economics and Business - Department of International and European Economic Studies and University of Iceland
Downloads 69 (346,351)

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Feldstein-Horioka puzzle, European integration

European Integration and the Feldstein–Horioka Puzzle

Oxford Bulletin of Economics and Statistics, Vol. 78, Issue 6, pp. 834-852, 2016
Number of pages: 19 Posted: 08 Nov 2016
Margarita Katsimi and Gylfi Zoega
Athens University of Economics and Business - Department of International and European Economic Studies and University of Iceland
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Unions, Work-Related Training, and Wages: Evidence for British Men

IZA Discussion Paper No. 737
Number of pages: 45 Posted: 03 Apr 2003
Australian National University (ANU) - Research School of Social Sciences (RSSS), University of Essex and University of Iceland
Downloads 63 (363,785)
Citation 1

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General Training, Human Capital, Union Coverage, Wages

Unions, Work-Related Training, and Wages: Evidence for British Men

Industrial and Labor Relations Review, Vol. 57, No. 1, pp. 68-91
Posted: 06 Jan 2004
Australian National University (ANU) - Research School of Social Sciences (RSSS), University of Essex and University of Iceland

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Training, unions and training, unions training and wages, work related training

17.

The Dutch Disease in Reverse: Iceland's Natural Experiment

CESifo Working Paper Series No. 6513
Number of pages: 30 Posted: 11 Jul 2017
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 61 (365,053)
Citation 1

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Natural Resource Curse, Dutch Disease, Financial Crisis

18.

Around the World with Irving Fisher

CESifo Working Paper Series No. 5257
Number of pages: 20 Posted: 09 Apr 2015
University of Iceland - Faculty of Economics and Business Administration, University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 52 (393,569)

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Fisher effect, inflation, interest rates

19.

Two Thorns of Experience: Financialisation in Iceland and Ireland

International Review of Applied Economics, No. 1-19, 2016
Number of pages: 18 Posted: 30 Jul 2016
Aalborg University - Department of Business and Management, University of Iceland - Faculty of Economics and Business Administration, University of Iceland and University of Limerick
Downloads 49 (403,832)

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Capital flows, financialisation, sudden stops, small open economies, currency regime

Natural Resources and Economic Growth: The Role of Investment

CEPR Discussion Paper No. 2743
Number of pages: 46 Posted: 17 Apr 2001
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 27 (512,081)
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Economic growth, investment, natural resources

Natural Resources and Economic Growth: The Role of Investment

The World Economy, Vol. 29, No. 8, pp. 1091-1115, August 2006
Number of pages: 25 Posted: 14 Jul 2006
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 22 (543,722)
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21.

Why Do Europeans Work Less than Americans? Public Consumption and Welfare Benefits as a Cause of the North-Atlantic Divide

CESifo Working Paper Series No. 5264
Number of pages: 28 Posted: 09 Apr 2015
Axel Hall and Gylfi Zoega
Reykjavik University and University of Iceland
Downloads 44 (422,138)

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job search, unemployment, working hours

22.

Global Factors, Unemployment Adjustment and the Natural Rate

Economics: The Open-Access, Open-Assessment E-Journal, Vol. 2, 2008-22
Number of pages: 30 Posted: 18 Dec 2010
Ron Smith and Gylfi Zoega
Birkbeck College and University of Iceland
Downloads 25 (508,787)

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Unemployment dynamics, labour market institutions investment, principal components, global factors

23.

Is Wage Compression a Necessary Condition for Firm-Financed General Training?

CEPR Discussion Paper No. 2845
Number of pages: 18 Posted: 21 Jun 2001
Alison L. Booth and Gylfi Zoega
Australian National University (ANU) - Research School of Social Sciences (RSSS) and University of Iceland
Downloads 24 (514,563)
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Firm-financed general training, absolute- and relative wage compression

24.

The Modigliani Puzzle Revisited: A Note

CESifo Working Paper Series No. 6833
Number of pages: 11 Posted: 27 Feb 2018
Margarita Katsimi and Gylfi Zoega
Athens University of Economics and Business - Department of International and European Economic Studies and University of Iceland
Downloads 22 (526,313)

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Modigliani puzzle, investment, unemployment, Great Recession

25.

Obsolescence

CEPR Discussion Paper No. 2833
Number of pages: 30 Posted: 19 Jun 2001
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 21 (532,225)
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Capital, depreciation, economic growth, obsolescence

The British Beveridge Curve: A Tale of Ten Regions

Oxford Bulletin of Economics and Statistics, Vol. 64, pp. 257-276, 2002
Number of pages: 20 Posted: 11 May 2003
Howard J. Wall and Gylfi Zoega
Lindenwood University - Center for Economics and the Environment and University of Iceland
Downloads 19 (563,609)
Citation 1
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The British Beveridge Curve: A Tale of Ten Regions

CEPR Discussion Paper Series No. 1771
Posted: 30 May 1998
Howard J. Wall and Gylfi Zoega
Lindenwood University - Center for Economics and the Environment and University of Iceland

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27.

If You're so Smart, Why Aren't You Rich? Wage Inequality with Heterogenous Workers

CEPR Discussion Paper No. 3190
Number of pages: 19 Posted: 21 Feb 2002
Alison L. Booth and Gylfi Zoega
Australian National University (ANU) - Research School of Social Sciences (RSSS) and University of Iceland
Downloads 18 (550,453)
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Heterogenous workers, hierarchical assignment models, monopsony, wage compression

28.

Longevity, Retirement and Intra-Generational Equity

CESifo Working Paper No. 7704
Number of pages: 25 Posted: 12 Jul 2019 Last Revised: 23 Jul 2019
Copenhagen Business School - Department of Economics, Central Bank of Iceland and University of Iceland
Downloads 16 (562,470)

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longevity, pension age, retirement, inequality

29.

Iceland's Natural Experiment in Supply-Side Economics

CEPR Discussion Paper No. 2367
Number of pages: 37 Posted: 08 May 2001
Citibank, N.A. - Asset Management Group, London, National Economic Institute of Iceland and University of Iceland
Downloads 16 (562,470)
Citation 1
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Labor supply, supply-side economics

30.

Individual Behavior and Collective Action: The Path to Iceland's Financial Collapse

CESifo Working Paper No. 7874
Number of pages: 31 Posted: 14 Oct 2019
Thorvaldur Gylfason and Gylfi Zoega
University of Iceland - Faculty of Economics and Business Administration and University of Iceland
Downloads 10 (601,055)

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financial crises, corruption, culture, Iceland, quality of governance, rent seeking

31.

Lessons from a Collapse of a Financial System

Economic Policy, Vol. 26, Issue 66, pp. 183-231, 2011
Number of pages: 49 Posted: 04 Apr 2011
Board of Governors of the Federal Reserve System, London School of Economics - Systemic Risk Centre and University of Iceland
Downloads 5 (634,590)
Citation 2
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32.

Worker Heterogeneity, New Monopsony, and Training

LABOUR, Vol. 22, Issue 2, pp. 247-270, June 2008
Number of pages: 24 Posted: 30 May 2008
Alison L. Booth and Gylfi Zoega
Australian National University (ANU) - Research School of Social Sciences (RSSS) and University of Iceland
Downloads 2 (659,056)
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33.

Values, Institutions and the Rise of Eastern Europe

Economics of Transition and Institutional Change, Vol. 27, Issue 1, pp. 247-265, 2019
Number of pages: 19 Posted: 24 Jan 2019
Gylfi Zoega and Edmund S. Phelps
University of Iceland and Center on Capitalism and Society, Columbia University
Downloads 0 (687,868)
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Convergence, Europe, Euro, values

34.

Sticky Prices in Customer Markets

Economic Record, Vol. 88, Issue 282, pp. 372-390, 2012
Number of pages: 19 Posted: 14 Sep 2012
affiliation not provided to SSRN, affiliation not provided to SSRN and University of Iceland
Downloads 0 (687,868)
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35.

Trade Surpluses and Life-Cycle Saving Behaviour

Economics Letters, Vol. 65, 1999, pp 227-237
Posted: 23 Sep 2001
Tryggvi Thor Herbertsson and Gylfi Zoega
University of Reykjavik and University of Iceland

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36.

Three Symptoms and a Cure: A Contribution to the Economics of the Dutch Disease

Posted: 16 Aug 2001
University of Reykjavik, University of Iceland - Department of Economics and University of Iceland

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Dutch disease, exchange-rate volatility

37.

Unemployment Persistence: Does the Size of the Shock Matter?

Bank of England Working Paper No. 50
Posted: 24 Jul 1998
Marco Bianchi and Gylfi Zoega
Citibank, N.A. - Asset Management Group, London and University of Iceland

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38.

A Mixed Blessing: Natural Resources and Economic Growth

CEPR WP 1668
Posted: 10 Jan 1998
University of Iceland - Faculty of Economics and Business Administration, University of Reykjavik and University of Iceland

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