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Motivational capital and incentives in health care organisations
(2012)
Documento de trabajo / Lan gaiak,
This paper explores optimal incentive schemes in public health institutions when agents (doctors) are intrinsically motivated. We develop a principal-agent dynamic model with moral hazard in which agents’ intrinsic motivation ...
Estimation of the cointegrating rank in fractional cointegration
(2012)
Documento de trabajo / Lan gaiak,
This paper proposes an estimator of the cointegrating rank of a potentially cointegrated multivariate fractional process. Our setting is very flexible, allowing the individual observable processes to have different integration ...
Cost sharing and hospitalizations for ambulatory care sensitive conditions
(2012)
Documento de trabajo / Lan gaiak,
In this paper, we study the effect of ambulatory and hospital coinsurance rates on HACSC among individuals with private insurance in Chile. During the last decade, Chile´s private health sector has experienced a dramatic ...
Lorenz and lexicographic maximal allocations for bankruptcy problems
(2012)
Documento de trabajo / Lan gaiak,
This paper investigates the use of egalitarian criteria to select allocations in bankruptcy problems. In our work, we characterize the sets of Lorenz maximal elements for these problems. We show that the allocation selected ...
A simple test for the equality of integration orders
(2012)
Documento de trabajo / Lan gaiak,
A necessary condition for two time series to be nontrivially cointegrated is the equality of their respective integration orders. Thus, it is standard practice to test for order homogeneity prior to testing for cointegration. ...
Reflexiones sobre la sanidad pública en España en el horizonte de 2020
(2013)
Documento de trabajo / Lan gaiak,
Este trabajo pretende desarrollar una visión para el Sistema Nacional de Salud (SNS) en la perspectiva del año 2020. Partiendo de una evaluación de la situación actual del sistema sanitario y a la luz de los principios que ...
Business cycle and monetary policy analysis with market rigidities and financial frictions
(2013)
Documento de trabajo / Lan gaiak,
We describe a dynamic macroeconomic model that incorporates firm-level borrowing constraints, competitive CES loan production, and rigidities on both setting prices and wages. The external finance premium (interest-rate ...
The process of wage adjustment: an analysis using establishment-level data
(2013)
Documento de trabajo / Lan gaiak,
In this article, we use data from Spanish manufacturing plants to analyze the determinants of the importance attributed to several criteria when wages are adjusted. More specifically, the criteria we take into account in ...
Business dynamism and economic growth: U.S. regional evidence
(2016)
Documento de trabajo / Lan gaiak,
We document empirical evidence on the determinants of U.S. regional growth over the last 25 years, with a special attention to the role of entrepreneurial activity or `business dynamism'. The main data source is the Business ...
Entry and exit in recent US business cycles
(2015)
Documento de trabajo / Lan gaiak,
I show evidence indicating that the variability of the total number of business units (establishments) has significantly increased in recent US business cycles, accounting for nearly 2/3 of real GDP fluctuations during the ...