Documentos de trabajo DE - ES Lan Gaiak: Envíos recientes
Mostrando ítems 21-40 de 176
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Fair competition design
We study the impact of two basic principles of fairness on the structure of competition systems and perform our analysis by focusing on sports competitions. The first principle states that equally strong players should ... -
A structural analysis of US entry and exit dynamics. Technical appendix
A. The optimizing programs of the model and other technical details (pages 1-7) B. Short-run and long-run equilibria in the DSGE model with endogenous entry and exit (pages 8-12) C. Average productivity (pages 13-15) D. ... -
A structural analysis of US entry and exit dynamics
The authors report empirical evidence indicating that US business formation has recently turned more volatile, procyclical and persistent due to changes in exit dynamics. To study these stylized facts, we estimate a DSGE ... -
Trade-offs in health investments: HIV, malaria and malnutrition
While life expectancy has increased worldwide during the last decades, the developing world is still losing millions of lives each year due to three pervasive illnesses: Malaria, HIV and Chronic Malnutrition. This work ... -
Why are labor markets in Spain and Germany so different?
The volatility of unemployment fluctuations has been about 3 times higher in Spain than in Germany over the recent business cycles (1996-2013). In contrast, fluctuations of the rate of wage inflation were significantly ... -
Sobre modelos dinámicos de segregación
Este trabajo trata sobre los modelos dinámicos de segregación. En él se observan claramente las posiciones de algunos autores económicos, y sus aportaciones a la literatura sobre este tema. Se puede decir, que el artículo ... -
Wage inequality and the labour market in Argentina: labour institutions, supply and demand in the period 1980–99
En el presente trabajo estudiamos los determinantes económicos e institucionales en la relación mercado de trabajo y desigualdad salarial en el Gran Buenos Aires durante el período 1980-1999. La hipótesis principal de este ... -
Convergencia y cambio estructural en la Unión Europea
Este trabajo estudia el papel desempeñado por el cambio estructural en el proceso de convergencia en productividad experimentado por las regiones europeas entre 1977 y 1990. Para ello se va a proceder a la estimación de ... -
Business cycle and monetary policy analysis in a structural sticky price model of the euro area
Structural models are a powerful tool for business cycle and monetary policy analysis because they are assumed to be invariant to either policy changes or external shocks. In this paper, we derive a neoclassical monetary ... -
The debate surrounding the new economy: an approach for an analysis
The current debate over the possible existence of a 'new economy' calls for an interpretation and analysis of the phenomenon from various points of view. Thus, the first part of the article contains a description of some ... -
Long run analysis in alternative optimizing monetary models
This paper explores the transmission channel from monetary variables to real variables in the steady-rate equilibria of various neoclassical optimizing models with money. The existence of superneutrality is rejected for ... -
Dynamic analysis in an optimizing monetary model with transaction costs and endogenous investment
This paper analyzes the period-to-period changes that occur in an optimizing monetary model with uncertainty and sticky prices. Money is incorporate in its role as a medium of exchange through a time-cost transactions ... -
Las reglas de política monetaria en la actuación del Banco de España: 1978-1998
La especificación de la función de reacción del banco central en los términos propuestos por Taylor (1993), permite conocer en qué medida la política monetaria diseñada e instrumentada es sensible a dos objetivos básicos ... -
Dismissal conflicts and unemployment
Firing costs are often blamed for unemployment. In this paper, we investigate this widespread belief theoretically. Firing costs are introduced in an efficiency wage model to capture their effects on employment through ... -
Internalising externalities: are cogeneration subsidies high enough?
This paper evaluates the Spanish system of environmental subsidies for cogeneration processes and analyses their capacity to overcome these barriers. In particular, we focus on the role and relevance of the monetary aids ... -
How much are people willing to pay for silence? A one and half bound DC CV estimate
Noise is a major urban problem that has not received much attention from environmental economists. In this paper we present an attempt to value a noise reduction program in a Spanish city. Contingent valuation has been ... -
Incentives when altruism is impure: the case of blood and living organ donations
The decision to donate blood and living organs is considered voluntary and altruistic. However, the shortage of donors has opened an interesting debate in recent years, considering offering economic incentives to donors. ... -
Reducing social contributions on unskilled labour as a way of fighting unemployment: an empirical evaluation for the case of Spain
In this paper we provide an empirical evaluation of the effects of a cut in social security contributions (i) for all types of labour, and (ii) only for unskilled labour, within a computable general equilibrium model ... -
A general framework for the macroeconomic analysis of monetary unions
The objective of this paper is to develop a general framework for the macroeconomic modelling of monetary unions, which could be useful for policy analysis, as well as for teaching purposes. Our starting point will be the ... -
Disparidades espaciales en productividad y estructura sectorial de las regiones europeas
El objetivo de este trabajo es analizar cuál ha sido la contribución regional y sectorial a la convergencia en productividad en la Unión Europea entre 1977 y 1999. Para ello se combina la metodología propuesta por Esteban ...