Listar ECO_Articles por título
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Has the relationship between the real exchange rate and its fundamentals changed over time?
Taylor and Francis (2022-07-11)In this paper we contribute to the literature on determining the real exchange rate by using models that incorporate structural breaks and nonlinearities. We estimate cointegrated dynamic ordinary least squares regressions ... -
Have real exchange rates and competitiveness in Central and Eastern Europe fundamentally changed?
Elsevier (2024-01-01)In this paper we analyse the evolution of the RER and its main fundamentals for a group of Central and Eastern European countries. We focus particularly on the possibility of structural breaks in the relationship. We find ... -
Herding in the cryptocurrency market: CSSD and CSAD approaches
Elsevier (2018-09-22)We analyse the existence of herding in the cryptocurrency market through the cross-sectional standard (absolute) deviation of returns. Our results show that extreme dispersion of returns is explained by rational asset ... -
Heuristic Switching Model and Exploration-Exploitation Algorithm to Describe Long-Run Expectations in LtFEs: a Compariso
Springer (2019-12-07)We elicit individual expectations in a series of Learning-to-Forecast Experiments (LtFEs) with different feedback mechanisms between expectations and market price: positive and negative feedback markets. We implement the ... -
La historia que planteaba José Deleito en el aula (Facultad de Filosofía y Letras de Valencia, curso 1935-36)
Universidad de Alicante (2020)José Deleito expresó su concepción de la Historia a través de trabajos académicos y periodísticos. Los apuntes tomados en sus clases por uno de sus alumnos, Vicente Hervás Roselló, en 1935-36 permiten enriquecer el ... -
Homeward Bound FDI: Are Migrants a Bridge over Trouble Finance?
Elsevier (2016-06)Migrants can lower cross-border investment barriers, help investors by providing information about their homeland and reduce transaction costs by sharing expertise on regulations, customs and procedures. In addition to ... -
Housing and debt over the life cycle and over the business cycle
Elsevier (2013-03)Housing and mortgage debt are studied in a quantitative general equilibrium model. The model matches wealth distribution, age profiles of homeownership and debt, and frequency of housing adjustment. Over the cycle, the ... -
Housing Market Bubbles and Business Cycles in an Agent-Based Credit Economy
Dennis J. Snower (2013)In this paper the authors present an agent-based model of a credit network economy. The artificial economy includes different economic agents that interact using simple behavioral rules through various markets, i.e., the ... -
How costly is modern maritime piracy to the international community?
Blackwell (2012-11)This paper focuses on the impact of maritime piracy on international trade. Piracy increases the cost of international maritime transport through an increase in insecurity regarding goods deliveries. Bilateral trade flows ... -
How do markets manage water resources? An Experiment
Springer Verlag (2012-09)We experimentally test how a private monopoly, a duopoly and a public utility allocate water of differing qualities to households and farmers. Most of our results are in line with the theoretical predictions. Overexploitation ... -
(How) Do research and administrative duties affect university professors teaching?
Taylor & Francis (2015-05)We analyse the interaction between university professors’ teaching quality and their research and administrative activities. Our sample is a high-quality individual panel data set from a medium-size public Spanish university ... -
Human Migration in the Era of Climate Change
Oxford University Press (2019)Migration is one response to climatic stress and shocks. In this article we review the recent literature across various disciplines on the effects of climate change on migration. We explore key features of the relationship ... -
Immigration, factor endowments and the productive structure of Spanish regions, 1996–2005
Taylor & Francis (2012-07)The participation of immigrants in the Spanish labour market has increased from less than 3% in 1996 to more than 13% in 2005. The factor proportion model of production was used to examine the impact of such a large labour ... -
Impact of Stock Market Structure on Intertrade Time and Price Dynamics
Public Library of Science (2014)We analyse times between consecutive transactions for a diverse group of stocks registered on the NYSE and NASDAQ markets, and we relate the dynamical properties of the intertrade times with those of the corresponding price ... -
Imported Inputs and Egyptian Exports: Exploring the Links
Dennis J. Snower (2015-11)This paper is the first to explore the links between exporting and importing activities of Egyptian firms using panel data over the period from 2003 to 2007. The main aim is twofold. Firstly, the authors report regression ... -
Imports and growth in China
Elsevier (2011-11)In this paper, we analyze the role played by imports and investment on labor productivity and output inChina from 1964 to 2004. In doing so, our analysis focuses on the role of technological progress incorporated into the ... -
Improved Rice Technology Adoption: The Role of Spatially-Dependent Risk Preference
MDPI (2021-07-22)This study analyses farmers’ adoption of improved rice technology, taking into account farmers’ risk preferences; the unobserved spatial heterogeneity associated with farmers’ risk preferences; farmers’ household and farm ... -
Income and Democracy: Evidence from System GMM Estimates
Elsevier (2012-02-17)Does higher income cause democracy? Accounting for the dynamic nature and high persistence of income and democracy, we find a statistically significant positive relation between income and democracy for a postwar period ... -
Individual Characteristics vs. Experience: An Experimental Study on Cooperation in Prisoner's Dilemma
Frontiers Media (2017-04-20)Cooperative behavior is often assumed to depend on individuals’ characteristics, such as altruism and reasoning ability. Evidence is mixed about what the precise impact of these characteristics is, as the subjects of ... -
Individual Expectations and Aggregate Behavior in Learning-to-Forecast Experiments
Cambridge University Press (2013)Models with heterogeneous interacting agents explain macro phenomena through interactions at the micro level. We propose genetic algorithms as a model for individual expectations to explain aggregate market phenomena. The ...