Browsing Departament: Economia by Title
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Systematic Literature Review on Trade Liberalization and Sustainable Development
Elsevier (2022-08-13)This paper compiles a systematic review of research papers that identify the effect of international trade and trade liberalization policies on socio-economic targets linked to the sustainable development goals (SDGs). ... -
Systemic financial risk indicators and securitised assets: an agent-based framework
Springer (2019-09-04)The paper presents an agent-based model of a credit economy which includes a securitisation process and a bailout mechanism for bank bankruptcies. Within this framework, banks are able to sell mortgages to a financial ... -
Take the Money and Run: Psychopathic Behavior in the Trust Game
Frontiers Media (2016-11)We study the association among different sources of individual differences such as personality, cognitive ability and risk attitudes with trust and reciprocate behavior in an incentivized experimental binary trust game in ... -
Taming financial systemic risk: models, instruments and early warning indicators
Springer (2019-12-30)In recent decades, most advanced and developing economies have suffered—or are still suffering—from profound and repeated crises. The literature has reflected on the determinants of these perturbations by placing particular ... -
Tell the truth or not? The montero mechanism for emissions control at work
Elsevier (2019-03)We experimentally test the truth-telling mechanism proposed by Montero (2008) for eliciting firms' abatement costs. We compare this mechanism with two well-known alternative allocation mechanisms, free and costly allocation ... -
Testing for complementarity when strategies are dichotomous
Elsevier (2010)We show that it is not possible to extend Arora (1996) reduced form test for the existence of complementarity to evaluate the relationship between a couple of dichotomous strategies as it leads to an incoherent simultaneous ... -
Testing for external sustainability under a monetary integration process. Does the Lawson doctrine apply to Europe?
Elsevier (2015)Monetary integration, and more specifically, the creation of a monetary union in Europe, raises new economic questions concerning its functioning and governance. In particular, we focus on the implications of high and ... -
Testing for Periodic Integration with a Changing Mean
Springer Verlag (2017)In this paper we extend the test of periodic integration proposed by Boswijk and Franses (J Time Ser Anal 17:221–245, 1996) allowing for a change in the mean. We provide the asymptotic distribution and show that is the ... -
Testing for price response asymmetries in the Spanish fuel market. New evidence from daily data
Elsevier (2012)In this work we use daily data to examine pattern asymmetries in the speed of transmission of international wholesale oil prices to Spanish retail fuel prices. Results are robust to two alternative specifications of an ... -
Testing for real interest rate parity using panel stationarity tests with dependence: a note
Wiley-Blackwell (2009)This paper tests for real interest parity (RIRP) among the nineteen major OECD countries over the period 1978:Q1-2006:Q1 using both short and long-run definitions of interest rates. Once the independence hypothesis is ... -
Testing the Market Integration Process in the European Car Sector: Evidence from Pricing-to-market Behaviour
Wiley-Blackwell (2012)In this study, we investigate the process of the European car market integration by analysing the evolution of cross-country differences in the degree of pricing-to-market behaviour of United Kingdom exporters. We estimate ... -
Testing the trust game with undergraduates: an experiment with wealth heterogeneity
Editorial Universitat Politècnica de València (2017)Trust, reciprocity and a fair distribution of resources are cruzial in the sustainability of any economic system. As a matter of fact, those are values that should be promoted among the new generations, especially ... -
The analysis of convergence in ecological indicators: An application to the Mediterranean fisheries
Elsevier (2017-07)Ecological indicators are increasingly used to examine the evolution of natural ecosystems and the impacts of human activities. Assessing their trends to develop comparative analyses is essential. We introduce the analysis ... -
The Birth of the euro [Ressenya]
Blackwell Publishing (2009-09)The author has written a comprehensive review on the book: The birth of the euro by O. Issing (Cambridge, Cambridge University Press, 2008, ISBN: 9780521731867); XIV, 260 p. -
The Causal Relationship between Equipment Investment and Infrastructures on Economic Growth in China
Higher Education Press (2010)There is agreement in the literature on economic growth concerning the transitory effects of capital accumulation on the process of economic development. However, controversy arises if this effect is permanent. In this ... -
The Challenges of Socially Responsible Investment Among Institutional Investors: Exploring the Links Between Corporate Pension Funds and Corporate Governance
Wiley (2009)During the last few decades, globalization of finance markets has come under increasing pressure to manage the many risks that companies face due to the negative impact that certain financial crises have had on securities ... -
The cluster is not flat. Uneven impacts of brokerage roles on the innovative performance of firms
Elsevier (2018)This paper investigates whether and to what extent individual firms improve their innovation from behaving as brokers connecting other actors in the Spanish ceramic tile cluster. The effects of the brokerage roles are ... -
The complete Gaussian kernel in the multi-factor Heston model: Option pricing and implied volatility applications
(2020-12-05)In this paper, we propose two new representation formulas for the conditional marginal probability den- sity of the multi-factor Heston model. The two formulas express the marginal density as a convolution with suitable ... -
The complete gaussian kernel in the multifactor Heston model: option pricing and implied volatility applications
Elsevier (2020-12-05)In this paper, we propose two new representation formulas for the conditional marginal probability density of the multi-factor Heston model. The two formulas express the marginal density as a convolution with suitable ... -
The cost efficiency of water utilities: when does public ownership matter?
Taylor & Francis (2016)This study explores the impact of different ownership types on the efficiency of water utilities. Theories and evidence have shown a puzzling relationship between ownership and performance. Moreover, relatively recent ...