• openAccess   FDI in Space Revisited: The Role of Spillovers on Foreign Direct Investment within the European Union 

      Alamá Sabater, Luisa; Heid, Benedikt Sebastian; Jiménez-Fernández, Eduardo; Márquez-Ramos, Laura Wiley (2016)
      We estimate a spatial econometric interaction model for bilateral aggregate FDI stock data between 25 European Union member countries in 2010. We find evidence for spatial spillovers of foreign direct investment for three ...
    • openAccess   Feasible mitigation actions in developing countries 

      Jakob, Michael; Steckel, Jan Christoph; Lay, Jann; Grunewald, Nicole; Martinez-Zarzoso, Inmaculada; Renner, Sebastian; Edenhofer, Ottmar Nature Publishing Group (2014)
      Energy use is not only crucial for economic development, but is also the main driver of greenhouse-gas emissions. Developing countries can reduce emissions and thrive only if economic growth is disentangled from energy-related ...
    • openAccess   Female managers and firm performance: Evidence from the non-agricultural sectors in caribbean countries 

      Lo Bue, Maria Carmela; Martinez-Zarzoso, Inmaculada Elsevier (2024-01-29)
      This paper investigates whether female-led firms in the Caribbean region are less productive than their male-led counterparts. Whereas previous literature focused on female ownership as a measure of female entrepreneurship ...
    • openAccess   Female top managers and firm performance 

      Martinez-Zarzoso, Inmaculada PLoS (2023-02-15)
      This paper uses firm-level data worldwide to investigate productivity gaps between female and male-managed companies in developing and developed countries and compare the outcomes obtained for different regions in the ...
    • openAccess   Fighting the COVID-19 Crisis: Debt Monetisation and EU Recovery Bonds 

      Botta, Alberto; Caverzasi, Eugenio; Russo, Alberto Springer (2020-07-28)
      This paper highlights some peculiar characteristics of the economic crisis induced by the spread of COVID-19. It suggests two intertwined policy measures in order to tackle the emergency phase of the crisis and to support ...
    • closedAccess   Financial inclusion and exclusion across Mexican municipalities 

      Cruz-García, Paula; Dircio Palacios Macedo, María del Carmen; Tortosa-Ausina, Emili Wiley (2021)
      Although in recent years there has been a growth in banking services in Mexico, there is still a significant delay in terms of financial inclusion, which is also very uneven across municipalities. In this context, this ...
    • closedAccess   Financial Integration and Liquidity Crises 

      Castiglionesi, Fabio; Feriozzi, Fabio; Lorenzoni, Guido Informs (2019-03)
      This paper analyzes the effects of financial integration on the stability of the banking system. Financial integration allows banks in different regions to smooth local liquidity shocks by borrowing and lending on a world ...
    • closedAccess   Financial power laws: Empirical evidence, models, and mechanisms 

      Lux, Thomas; Alfarano, Simone Elsevier (2016-07)
      Financial markets (share markets, foreign exchange markets and others) are all characterized by a number of universal power laws. The most prominent example is the ubiquitous finding of a robust, approximately cubic power ...
    • openAccess   Firm Heterogeneity and Export Activity of European Firms: A Quantile Analysis 

      Orts, Vicente; Martí Arnau, Josep Sociedad de Economía Mundial (2018)
      This paper examines the extent to which firms’ characteristics are related to export activity behaviour. Using a dataset comprised of harmonized and detailed firm-level data from six European countries ...
    • openAccess   Firm heterogeneity and the market scope of European multinational activity 

      Alguacil, Maite; Martí Arnau, Josep; Orts, Vicente Elsevier (2017-09)
      This paper examines the relationship between the characteristics of European firms and the market scope of their international activity. We show, theoretically, that when markets can be served by exports or through foreign ...
    • closedAccess   Firm profitability and the network of organizational capabilities 

      Wagner, Friedrich; Milakovic, Mishael; Alfarano, Simone Elsevier (2010)
      A Laplace distribution for firm profit rates (or returns on assets) can be obtained through the sum of many independent shocks if the number of shocks is Poisson distributed. Interpreting this as a linear chain of events, ...
    • closedAccess   Firms' characteristics and their international location strategy: Micro-level evidence from European countries 

      Alguacil, Maite; Marti, Josep; Orts, Vicente Elsevier (2022-08-13)
      This paper takes micro-level evidence as the basis on which to investigate to what extent firms' heterogeneity is relevant in the internationalization strategy and location choice of European multinational enterprises. We ...
    • openAccess   Firm–bank credit network, business cycle and macroprudential policy 

      RICCETTI, LUCA; Russo, Alberto; Gallegati, Mauro Springer (2021-02-13)
      We present an agent-based model to study firm–bank credit market interactions in different phases of the business cycle. The business cycle is exogenously set, and it can give rise to various scenarios. Compared to other ...
    • openAccess   Fiscal consumption and private consumption in Europe: what have we learned? 

      Cuestas, Juan Carlos; Monfort Bellido, Mercedes Taylor and Francis (2022)
      In this paper we contribute to the long literature on how fiscal policy affects the real economy. In particular, we focus on how government consumption affects private consumption for a pool of European economies. We ...
    • openAccess   Fitting the generalized multinomial logit model in Stata 

      Gu, Yuanyuan; Hole, Arne Risa; Knox, Stephanie SAGE Publications (2013-07-01)
      In this article, we describe the gmnl Stata command, which can be used to fit the generalized multinomial logit model and its special cases.
    • closedAccess   Fixed-rent contracts and investment incentives. A comparative analysis of English tenant right 

      Garrido, Samuel Elsevier (2011-01)
      This article stresses that tenants are more motivated to improve the holding when they have formal property rights over their improvements. In this case, however, their rights over the improvements usually come into conflict ...
    • openAccess   Fluctuations of oil prices and gross domestic product in Spain 

      Cantavella, Manuel EconJournals (2019-12)
      The objective of this research is to analyze the asymmetric impact of crude oil prices on the real per capita gross domestic product (GDP) between 1945 and 2018 in Spain. The decomposition of oil prices into positive and ...
    • openAccess   Flujos de remesas y COVID-19 en países de América Latina. Reflexiones al inicio de la pandemia 

      Cardozo-Silva, Adriana R.; Díaz Pavez, Luis R.; Martinez-Zarzoso, Inmaculada Ministerio de Economía y Competitividad (2020-10)
      Las remesas que los inmigrantes envían a su país de origen contribuyen a alcanzar los Objetivos de Desarrollo Sostenible (ODS), permitiendo que muchas familias salgan de la pobreza. Dichos envíos han disminuido en la ...
    • openAccess   Les fondements micro du changement structurel régional Que nous enseignent 25 ans de proximités ? 

      Vicente, Jérôme; Balland, Pierre-Alexandre; Crespo, Joan Armand Colin (2018)
      L’article étudie les contributions de vingt-cinq années de recherche sur les dynamiques de proximité au regard de leurs apports sur les fondements et l’analyse du changement régional. Il considère que, malgré des avancées ...
    • closedAccess   Forecasting crude oil price volatility and value-at-risk: Evidence from historical and recent data 

      Lux, Thomas; Segnon, Mawuli; Gupta, Rangan Elsevier (2016)
      This paper adopts the Markov-switching multifractal (MSM) model and a battery of generalized autoregressive conditional heteroscedasticity (GARCH)-type models to model and forecast oil price volatility. Extending previous ...