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Informal, formal institutions and credit: complements or substitutes?
(Cambridge University Press, 2019-08)
This paper analyses the relationship between informal institutions measured by social trust and the provision of private credit. Research on the trust–finance relationship abounds, although most of it is confined to the ...
Goals and guesses as reference points: a field experiment on student performance
(Springer, 2022-06)
In this paper, we study overconfidence and goal-setting in academic performance, with and without monetary incentives. Students enrolled in a microeconomics course were offered the possibility of setting their own target ...
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 ...
Oil prices and unemployment in the UK before and after the crisis: A Bayesian VAR approach. A note.
(Elsevier, 2018)
The aim of this paper is to analyse the role of oil price movements in the
evolution of unemployment in the UK, accounting for asymmetric effects.
Distinguishing between positive and negative innovations in oil prices ...
Disentangling the importance of international border effects. Some evidence from Portugal–Spain based on diesel retailers
(Elsevier, 2018-06)
This paper takes into consideration that, in the presence of cross-region heterogeneity in the distribution of within-region price differentials, the impact of borders can be much smaller than those suggested by the empirical ...
Fiscal consumption and private consumption in Europe: what have we learned?
(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 ...
Assessing the Effectiveness of Environmental Provisions in Regional Trade Agreements. An empirical analysis
(OECD Publishing, 2018)
While governments increasingly commit to incorporating environmental objectives in
Regional Trade Agreements (RTAs), the evidence on the impact of including environmental
provisions in RTAs on environmental outcomes is ...
Do classes of gas stations contribute differently to fuel prices? Evidence to foster effective competition in Spain
(Elsevier, 2020-04)
Despite the relatively large number of gas stations reached in Spain after decades of sectorial reforms, pre-tax fuel prices in the country remain systematically among the highest in the EU. The literature provides evidence ...
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 ...
Presentation. Experimental and behavioral economics Theory, tools and topics
(CSIC, 2012)
This note presents the special issue on Experimental and Behavioral Economics. The volume includes some
recent contributions from these correlated disciplines –empirical the former and theoretical the latter– and
their ...