Visualitzant Departament: Economia per títol
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The day after tomorrow: financial repercussions of COVID-19 on systemic risk
Springer (2022)In this paper, we study the financial repercussions of COVID-19 and the effect of anti-epidemic measures on financial markets. By using a composite dataset con- taining stock market indices of 10 countries characterized ... -
The demand for structured products: an experimental approach
Wiley (2014)Guaranteed investment funds are showing an important growth in the mutual fund industry. We analyze this type of fund’s demand using the experimental methodology. Different types of structured guaranteed funds, with ... -
The desertion of rich countries and the mutual support of the poor ones: preferential lending agreements among the PIGS
Elsevier (2019-08-09)By using the BIS data, we analyze the evolution of credit relationships among banks of the Euro-zone during the pre-crisis period (2006Q1–2007Q4), the global financial crisis (2008Q1–2010Q4) and the debt sovereign crisis ... -
The determinants of international financial integration revisited: the role of networks and geographic neutrality
Walter de Gruyter (2011-01)Over the last two decades, the degree of international financial integration has increased substantially, becoming an important area of research for many financial economists. This paper explores the determinants of the ... -
The Driving Forces behind China’s Growth
Wiley (2010)The main objective of this paper is to disentangling the determinants of the Chinese economic growth that occurred from 1965 to 2000. We have explored, first, the time series properties of the growth rates of GDP and labour ... -
The dynamics of international trade integration: 1967–2004
Springer Verlag (2014)This article explores how trade integration has advanced over the last four decades and what the foreseeable future holds, among other related questions. To this end, we consider certain methods which have scarcely been ... -
The dynamics pattern of price dispersion in retail fuel markets
Elsevier (2018-08)This paper empirically investigates the dynamics of price dispersion in retail fuel markets as a response to the corresponding wholesale price changes. For this purpose we take advantage ... -
The Economic crisis and immigration: Romanian citizens in the ceramic tile district of Castello (Spain)
University of Bucharest (2011)Between 2001 and 2007 an exceptional number of immigrants arrived in the province of Castelló (Spain), the majority of whom were from Romania, attracted by the plentiful employment prospects offered by a model of production ... -
The education pillar of the Europe 2020 strategy: a convergence analysis
Springer (2021-03-26)In March 2010, the European Commission launched the Europe 2020 strategy ‘for smart, sustainable and inclusive growth’ in the EU. Education is a major pillar of the Europe 2020 strategy due to its long-run impact on economic ... -
The effect of economic integration and institutional quality of trade agreements on trade margins: evidence for Latin America
Springer (2015)This paper studies the effects of economic integration, as well as the institutional quality of existing trade agreements in Latin America, on the margins of trade. The analysis is performed on bilateral exports of goods ... -
The Effect of ICT on Trade: Does Product Complexity Matter?
Elsevier (2019-08)We use a gravity model of trade to investigate the effect of internet use on aggregate trade flows. We apply a structural gravity model using up-to-date PPML estimation techniques to a sample of bilateral exports of 120 ... -
The Effect of Income on Democracy Revisited A Flexible Distributional Approach
Springer (2017-12-26)We reexamine the effect of economic development on the level of democ- racy based on the data sets of Acemoglu et al. (Am Econ Rev 98(3):808–842, 2008) with a novel regression specification utilizing a zero–one-inflated ... -
The effect of maritime transport costs on the extensive and intensive margins: Evidence from the Europe–Asia trade
Palgrave Macmillan (2014)This article investigates the determinants of maritime trade. It focuses in particular on the extent to which variations in trade-related costs between Asia and Europe help to explain the surge in Euro–Asian trade in eight ... -
The effect of rating agencies on herd behaviour
Springer Berlin Heidelberg (2014-04)This paper purports to provide some evidence on the effect of rating agencies in financial markets. By means of a laboratory experiment, we investigate the effect and interaction between private and public information. We ... -
The Effect of Technological Innovation on International Trade
Kiel Institute for the World Economy (2010)In this paper, the effect of technological innovation on sectoral exports is analysed using a gravity model of trade. The technological achievement index (TAI) and its four components, creation of technology, diffusion ... -
The effect of the EMU on short and long-run stock market dynamics: New evidence on financial integration
Inderscience Publishers (2009)This paper deals with the time evolution of stock market integra- tion around the introduction of the euro. In particular we test whether the degree of integration between the main eurozone countries increased after European ... -
The Effect of the Launch of Bitcoin Futures on the Cryptocurrency Market: An Economic Efficiency Approach
Multidisciplinary Digital Publishing Institute (2021-02-02)We analyze the economic efficiency of the cryptocurrency market after the launch of Bitcoin futures by means of the Data Envelopment Analysis and Malmquist Indexes. Our results show that the introduction of Bitcoin futures ... -
The effect of time‑varying fundamentals in learning‑to‑forecast experiments
Springer (2023)Inspired by macroeconomic scenarios, we aim to experimentally investigate the evolution of short- and long-run expectations under diferent specifcations of the fundamentals. We collect individual predictions for future ... -
The Effect of Trade Facilitation on Sectoral Trade
The Berkeley Electronic Press (2008)This paper aims to analyse the effect of trade facilitation on sectoral trade flows. We use data from the World Bank’s Doing Business Database on the fees associated with completing the procedures to export or import ... -
The effects of a financial transaction tax in an artificial financial market
Springer (2015-04)We investigate the effects of a Financial Transaction Tax (FTT) in an order-driven artificial financial market. FTTs are meant to limit short-term speculative behavior by reducing the amount of excess liquidity in the ...