Visualitzant Departament: Economia per títol
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Priority and proportionality in bankruptcy
Springer Verlag (2019)We study the problem of distributing the liquidation value of a bankrupt firm among its creditors (O’Neill, Math Soc Sci 2(4):345–371, 1982; Aumann and Maschler, J Econ Theory 36(2):195–213, 1985). Real-life distribution ... -
Procedural fairness in lotteries assigning initial roles in a dynamic setting
Springer (2015)We extend the study of procedural fairness in three new directions. Firstly, we focus on lotteries determining the initial roles in a two-person game. One of the roles carries a potential advantage over the other. All the ... -
Production networks in Europe: A natural experiment of the European Union enlargement to the east
International Economics and Finance Society (2020-11-01)This paper focuses on the 2004 enlargement of the European Union to the East and treats it as a natural experiment to investigate two issues: first, whether there has been a trade creation effect in final and intermediate ... -
Productivity, trade, and institutional quality: a panel analysis
Southern Economic Association (2011)Recognizing that gains historically attributed to trade capture instead the roles of institutions and geography, we estimate the relationship between labor productivity and trade for a panel of countries, 1980 to 2000. ... -
¿El producto interior bruto es un buen indicador del bienestar de los ciudadanos?. Una comparativa entre España e Italia
Generalitat Valenciana: Comité economic i social de la Comunitat Valenciana (2018) -
Profit efficiency and earnings quality: Evidence from the Spanish banking industry
Springer (2019-05)The analysis of efficiency and productivity in banking has received a great deal of attention for almost three decades now.However, most of the existing literature to date has not explicitly accounted for risk when measuring ... -
Protecting health or protecting imports? Evidence from EU non-tariff measures
Elsevier (2018-01)Non-tariff measures such as food safety standards are aimed at protecting consumers' health but may also be used as protectionism tool to limit imports. This study investigates the protectionist intent of EU food safety ... -
Psychopathy and Economic Behavior Among Prison Inmates: An Experiment
Frontiers Media (2021)This paper investigates whether there is a connection between psychopathy and certain manifestations of social and economic behavior, measured in a lab-in-thefield experiment with prison inmates. In order to test this ... -
Public finances in Europe: Are they sustainable?
Springer (2018-07-17)In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the order ... -
Public finances in the EU-27: Are they sustainable?
Springer (2020)In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the order ... -
Punishing liars—How monitoring affects honesty and trust
Public Library of Science (2018)Previous experiments have shown that the possibility to punish liars does not per se increase honesty in principal-agent relationships. In this study, we first establish a punishment mechanism that substantially enhances ... -
Punishment and disclosure probabilities in an experimental deception game
Universidad de Navarra (2017-09-07)Previous findings have shown tha t punishment does not necessarily reduce deception i n principal agent - relationships . We shed further light on this issue by first identifying a ... -
Quality of government and economic growth at the municipal level: Evidence from Spain
Wiley (2021-07-21)This paper analyzes the relationship between government efficiency—an important dimension of quality of government—and economic growth at the municipal level in 1,820 Spanish municipalities during the period 2008–2015. At ... -
Quo Vadis, Raters? A frontier approach to identify overratings and underratings in sovereign credit risk
Taylor & Francis (2020-04-03)This study analyses overratings and underratings in sovereign credit risk. The analysis uses partial frontier methods, a technique rarely applied in this literature. By combining a robust variant of the free disposal hull ... -
R2 and idiosyncratic volatility: Which captures the firm-specific return variation?
Elsevier (2016)A growing literature regards R2 and idiosyncratic volatility as interchangeable proxies for firm-specific return variation and examines its relations to information efficiency. However, the question on choosing the ... -
Rail Freight Transport and Demand Requirements: an Analysis of Attribute Cut-Offs Through a Stated Preference Experiment
Springer Verlag (2014)This paper analyses the choice between road and rail in Spain where rail market share for freight is still residual. Discrete choice models are estimated with data obtained through a two-phase fieldwork, thus allowing us ... -
Re-assessing causality between energy consumption and economic growth
Public Library of Science (2018)The energy consumption-growth nexus has been widely studied in the empirical literature, though results have been inconclusive regarding the direction, or even the existence, of causality. These inconsistent results can ... -
Re-examining inequality persistence
Institute for the World Economy (2020-01-20)Although it is not a new phenomenon, in recent years inequality has moved to the top of the political agenda given the concern that will result in political instability and social resentment. Persistence in inequality can ... -
Real convergence in Europe: A cluster analysis
Elsevier (2013)In this paper we analyse real convergence in GDP per worker in the EU member states. The aim is to test whether there is evidence of club convergence in the EU, i.e. divergence in GDP per worker. Evidence in favour of ... -
Real exchange rate misalignments in CEECs: Have they hindered growth?
Springer (2019-07-16)We study the impact of exchange rate misalignment on economic activity in nine Central and Eastern European economies. Exchange rate misalignments are computed from country-specific long-run exchange rate relationships ...