Recent Submissions

  • The timing and intensity of social distancing to flatten the COVID-19 curve: the case of Spain 

    Casares Polo, Miguel; Khan, Hashmat (MDPI, 2020)   Artículo / Artikulua  OpenAccess
    The continued spread of COVID-19 suggests a significant possibility of reimposing the lockdowns and stricter social distancing similar to the early phase of pandemic control. We present a dynamic model to quantify the ...
  • The atomic business: structures and strategies 

    Rubio Varas, María del Mar Upna Orcid; Torre Campo, Joseba de la Upna Orcid; Connors, D.P. (Routledge, 2020)   Artículo / Artikulua  OpenAccess
    Nuclear energy was one among business opportunities brought by the take off in science and technology after the Second World War. The narratives of the milestones of atomic history neglect the commercial, industrial and ...
  • Urban e-grocery distribution design in Pamplona (Spain) applying an agent-based simulation model with horizontal cooperation scenarios 

    Serrano Hernández, Adrián; Torre, Rocío de la; Cadarso, Luis; Faulín Fajardo, Javier (MDPI, 2021)   Artículo / Artikulua  OpenAccess
    E-commerce has boosted in the last decades because of the achievements of the information and telecommunications technology along with the changes in the society life-style. More recently, the groceries online purchase (or ...
  • Effect of the great crisis on sectoral female employment in Europe: a structural decomposition analysis 

    Barba, Izaskun; Iraizoz Apezteguia, Belén Upna Orcid (MDPI, 2020)   Artículo / Artikulua  OpenAccess
    Sectoral gender segregation in labor markets is a fact. This paper examines the female distribution of employment by sectors in the EU 28, thereby contributing to the literature on the effects of the recession and subsequent ...
  • How influential is ballot design in elections? 

    Casas, Agustín; Díaz, Guillermo; Mavridis, Christos (Taylor & Francis, 2020)   Artículo / Artikulua
    We exploit an original dataset from a referendum in Peru to study the influence of voting “arrangements” on electoral outcomes. The relative importance of these arrangements (e.g. ballot design) with respect to the ...
  • Rara avis: Latin American populism in the 21st century 

    Campos, Luciano; Casas, Agustín (Elsevier, 2021)   Artículo / Artikulua  OpenAccess
    Since the beginning of the 21st century, many Latin American countries have been ruled by governments characterized as populist (the so-called new Latin American Left). We focus on the macroeconomic implications of the ...
  • The extensive margin and US aggregate fluctuations: a quantitative assessment 

    Casares Polo, Miguel Upna Orcid; Khan, Hashmat; Poutineau, Jean-Christophe (Elsevier, 2020)   Artículo / Artikulua
    We report empirical evidence indicating that US net business formation has recently turned more volatile, procyclical and persistent. To study these stylized facts, we estimate a DSGE model with endogenous entry and exit. ...
  • Sustainability performance indicators: definition, interaction, and influence of contextual characteristics 

    López Arceiz, Francisco José Upna Orcid; Río Solano, María Cristina del Upna Orcid; Bellostas Pérezgrueso, Ana José (WileyERP Environment, 2020)   Artículo / Artikulua  OpenAccess
    Financial markets and investors are pushing modern firms to increase their commitment to sustainable development. Corporate sustainability refers to processes that develop from normative traditions, ethical roots, and ...
  • Do wealth levels affect the contribution to negative externalities? 

    Benito Ostolaza, Juan Miguel Upna Orcid; Ezcurra Orayen, Roberto Upna Orcid; Osés Eraso, Nuria Upna Orcid (Elsevier, 2020)   Artículo / Artikulua
    This paper experimentally explores the link between poverty and decisions that lead environmental degradation. In the experiment, individuals with different wealth levels play a game that describes environmental degradation ...
  • Sustainability disclosure and financial analysts' accuracy: the European case 

    Ferrer Zubiate, Elena Upna Orcid; López Arceiz, Francisco José Upna Orcid; Río Solano, María Cristina del Upna Orcid (WileyERP Environment, 2020)   Artículo / Artikulua  OpenAccess
    This study aims to analyze whether the adoption of Directive 2014/95/EU on sustainability disclosure has contributed to more truthful reporting to financial analysts in terms of risks and firms' performance. Financial ...
  • Performance of default-risk measures: the sample matters 

    Abinzano Guillén, María Isabel Upna Orcid; González Urteaga, Ana Upna Orcid; Muga Caperos, Luis Fernando Upna Orcid; Sánchez Alegría, Santiago Upna Orcid (Elsevier, 2020)   Artículo / Artikulua
    This paper examines the predictive power of the main default-risk measures used by both academics and practitioners, including accounting measures, market-price-based measures and the credit rating. Given that some measures ...
  • Can agents sensitive to cultural, organizational and environmental issues avoid herding? 

    Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Ferreruela Garcés, Sandra (Elsevier, 2017)   Artículo / Artikulua  OpenAccess
    Our findings indicate that herding behavior is affected not only by the cultural variables already discussed in the literature but also by other variables associated with organizational and environmental issues such as ...
  • Does family ownership always reduce default risk? 

    Abinzano Guillén, María Isabel Upna Orcid; Corredor Casado, María Pilar Upna Orcid; Martínez García, Beatriz Upna Orcid (WileyAccounting and Finance Association of Australia and New Zealand, 2021)   Artículo / Artikulua
    This paper analyses the effect of family ownership on the outcome of the firm’s risk‐taking activities, measured by the company’s default risk. We show that family ownership reduces the probability of default, which is ...
  • Analysts herding: when does sentiment matter? 

    Blasco de las Heras, Natividad; Corredor Casado, María Pilar Upna Orcid; Ferrer Zubiate, Elena Upna Orcid (Routledge, 2018)   Artículo / Artikulua  OpenAccess
    Herding among analysts emerges when analysts give priority to their peers’ opinions instead of their own beliefs or information. Some circumstances may enhance or restrain this type of behaviour. We postulate that market ...
  • Extracting expected stock risk premia from option prices and the information contained in non-parametric-out-of-sample stochastic discount factors 

    González Urteaga, Ana Upna Orcid; Nieto, Belén; Rubio, Gonzalo (Routledge, 2020)   Artículo / Artikulua
    This paper analyzes the factor structure and cross-sectional variability of a set of expected excess returns extracted from option prices and a non-parametric and out-of-sample stochastic discount factor. We argue that the ...
  • Do sovereign ratings cause instability in cross-border emerging CDS markets? 

    Ballester Miquel, Laura; González Urteaga, Ana Upna Orcid (Elsevier, 2021)   Artículo / Artikulua
    We analyse the cross-border transmission effect of credit ratings on sovereign CDSs covering a broad sample of emerging countries during the period 2004 to 2015. This study differentiates between the spillover and competition ...
  • Cambio climático, riesgo de inundación y medidas de adaptación: retos en la valoración de daños y evaluación de medidas 

    Martínez Juárez, Pablo; Foudi, Sébastien; Galarraga, Ibon; Osés Eraso, Nuria Upna Orcid; Cerdá, Emilio (Gobierno Vasco, 2020)   Artículo / Artikulua  OpenAccess
    Las inundaciones suponen un importante riesgo para el bienestar de las personas por el gran impacto que causan. Por ello, distintas instituciones han emprendido planes para la mejora de sistemas de alerta y prevención, ...
  • The role of internal corporate governance mechanisms on default risk: a systematic review for different institutional settings 

    Ballester Miquel, Laura; González Urteaga, Ana Upna Orcid; Martínez García, Beatriz Upna Orcid (Elsevier, 2020)   Artículo / Artikulua
    Recent financial downturns, characterized by the significant failures of firms, have revealed the need to control credit risk. Latest literature has shown that weak corporate governance structures are related to high levels ...
  • Consequences of open innovation: effects on skill-driven recruitment 

    Bello Pintado, Alejandro Upna Orcid; Bianchi, Carlos (Emerald, 2020)   Artículo / Artikulua  OpenAccess
    Purpose This paper aims to focus on the human side of inbound open innovation by analyzing the effects that the adoption of different knowledge search strategies for innovation has on new recruitment needs. Design/method ...
  • Manipulative agendas in four-candidate elections 

    Arlegi Pérez, Ricardo Upna Orcid; Dimitrov, Dinko (Elsevier, 2020)   Artículo / Artikulua
    We consider a setting where it is known for an electorate what probability a given candidate has of beating another in a pairwise ballot. An agenda assigns candidates to the leaves of a binary tree and is called manipulative ...

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