• closedAccess   The effect of rating agencies on herd behaviour 

      Ferri, Giovanni; MORONE, ANDREA 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 ...
    • openAccess   The Effect of Technological Innovation on International Trade 

      Márquez-Ramos, Laura; Martinez-Zarzoso, Inmaculada 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 ...
    • openAccess   The effect of the EMU on short and long-run stock market dynamics: New evidence on financial integration 

      Lafuente-Luengo, Juan Angel; Ordóñez, Javier 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 ...
    • openAccess   The Effect of the Launch of Bitcoin Futures on the Cryptocurrency Market: An Economic Efficiency Approach 

      Vidal-Tomás, David; Ibañez, Ana M; Farinós, José Emilio 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 ...
    • openAccess   The effect of time‑varying fundamentals in learning‑to‑forecast experiments 

      Alfarano, Simone; Camacho Cuena, Eva; Colasante, Annarita; Ruiz-Buforn, Alba 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 ...
    • openAccess   The Effect of Trade Facilitation on Sectoral Trade 

      Martinez-Zarzoso, Inmaculada; Márquez-Ramos, Laura 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 ...
    • closedAccess   The effects of a financial transaction tax in an artificial financial market 

      Fricke, Daniel; Lux, Thomas 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 ...
    • openAccess   The effects of personality, risk and other-regarding attitudes on trust and reciprocity 

      Sabater-Grande, Gerardo; García-Gallego, Aurora; Georgantzis, Nikolaos; Herranz-Zarzoso, Noemí Elsevier (2022-02)
      This paper reports experimental results on the determinants of trust and reciprocity in the context of a genuinely sequential, binary Trust Game. Apart from behavior in the main experiment, subjects’ risk attitudes and ...
    • openAccess   The Emotional and Attentional Impact of Exposure to One’s Own Body in Bulimia Nervosa: A Physiological View 

      Ortega-Roldán, Blanca; Rodríguez-Ruiz, Sonia; Perakakis, Pandelis; Fernández-Santaella, M. Carmen; Vila, Jaime Public Library of Science (2014)
      Background: Body dissatisfaction is the most relevant body image disturbance in bulimia nervosa (BN). Research has shown that viewing one’s own body evokes negative thoughts and emotions in individuals with BN. However, ...
    • closedAccess   The entry and exit dynamics of the cryptocurrency market 

      Vidal-Tomás, David Elsevier (2021-08-05)
      This paper presents an analysis of the entry and exit dynamics of the cryptocurrency market that focuses on the growth of initial coin offerings during 2015–2020. We used two different datasets: one includes long-lived ...
    • closedAccess   The environmental Kuznets curve: functional form, time-varying heterogeneity and outliers in a panel setting 

      Martinez-Zarzoso, Inmaculada; Maruotti, Antonello John Wiley & Sons (2013)
      This paper contributes to extend the Environmental Kuznets Curve (EKC) literature by introducing a new estimation technique able to deal with the issue of slope heterogeneity, functional form issues, the role of unobserved ...
    • closedAccess   The Euribor rate: a forecasting exercise based on fractional integration 

      Cuestas, Juan Carlos; Gil-Alana, Luis Taylor and Francis Group (2023)
      In this paper we analyse the evolution of the 12-month EURIBOR, with the aim of forecasting its trend in the forthcoming years. Using fractional integration, we find that the Euribor will return to a downward trend towards ...
    • openAccess   The Euro and the CFA Franc: Evidence of Sectoral Trade Effects 

      Martinez-Zarzoso, Inmaculada Springer (2019)
      This paper estimates a gravity model of trade to evaluate the trade effects of the Euro on sectoral trade within the Eurozone (EZ), the CFA Franc Zone (CFA) and between the EZ and the CFA, when CFA countries acquired fixed ...
    • openAccess   The evolution and heterogeneity of credit procyclicality in Central and Eastern Europe 

      Cuestas, Juan Carlos; Lucotte, Yannick; Reigl, Nicolas John Wiley and Sons (2020-09-06)
      This article presents empirical estimates of bank credit procyclicality for a sample of 11 Central and Eastern European countries (CEECs) for the period 2000Q1–2016Q4. In the first step, we estimate a traditional‐type panel ...
    • openAccess   The expectations hypothesis of the term structure in the Euro area 

      Camarero, Mariam; Ordóñez, Javier; Tamarit, Cecilio Economics bulletin (2008)
      This paper tries to ascertain whether the expectations hypothesis of the term structure of interest rates was fulfilled for the EMU countries in the period previous to its launching. To this end, we employ individual ...
    • openAccess   The financial network channel of monetary policy transmission: an agent-based model 

      Alexandre, Michel; Lima, Gilberto Tadeu; RICCETTI, LUCA; Russo, Alberto Springer (2023-01-13)
      The purpose of this paper is to explore the impact of monetary policy shocks on a financial network, which we dub the “financial network channel of monetary policy transmission”. To this aim, we develop a agent-based model ...
    • openAccess   The fine structure of spectral properties for random correlation matrices: an application to financial markets 

      Livan, Giacomo; Alfarano, Simone; Scalas, Enrico American Physical Society (2011-07-29)
      We study some properties of eigenvalue spectra of financial correlation matrices. In particular, we investigate the nature of the large eigenvalue bulks which are observed empirically, and which have often been regarded ...
    • openAccess   The geographic visualization of financial inclusion and exclusion in Mexican municipalities 

      Dircio Palacios Macedo, María del Carmen; Cruz-García, Paula; Hernandez-Trillo, Fausto; Tortosa-Ausina, Emili Sage (2023-09-23)
      In this paper, we present a gridded population cartogram illustrating a recently constructed financial inclusion index for Mexico 2020 (Dircio-Palacios-Macedo et al., 2023). Its importance relies in that it allows us to ...
    • closedAccess   The geography of social capital and innovation in the European Union 

      Peiró-Palomino, Jesús Wiley (2019)
      This paper assesses the role of the associational activity dimension of social capital in regional innovation for 257 EU 28 regions in the pre‐crisis (2000–2007) and the crisis (2008–2012) period. The analysis is carried ...
    • closedAccess   The geography of Spanish bank branches 

      Alamá Sabater, Luisa; Conesa, David; Forte Deltell, Anabel; Tortosa-Ausina, Emili © 2015 Taylor & Francis (2014-12)
      This article analyzes the determinants of bank branch location in Spain taking the role of geography explicitly into account. After a long period of intense territorial expansion, especially by savings banks, many of these ...