• openAccess   The role of individual risk attitudes on old wine valuations 

      Georgantzis, Nikolaos; Tisserand, Jean-Christian Cambridge University Press (2019-12-06)
      In this article, we report the results of an experiment designed to address the effect of risk atti-tudes on valuations of aged wines. Wefind that higher risk taking in the economic domain isassociated with a significantly ...
    • openAccess   The Role of Institutional Environment in International Trade. The Case of Spanish Regions 

      Márquez-Ramos, Laura European Regional Science Association (ERSA) (2016)
      We move beyond the nation-state as the unit of analysis and use subnational spatial variation to study the effect of the institutional environment on international trade. Additionally, we address the heterogeneous effect ...
    • openAccess   The role of Institutions in explaining wage determination in the Euro Area: a panel cointegration approach 

      Camarero, Mariam; D'Adamo, Gaetano; Tamarit, Cecilio Wiley (2016-03)
      Over the last 15 years, the evolution of labor costs has been very diverse across EMU countries. Since wages have important second-round effects on prices and competitiveness, and EMU countries do not have the tool of ...
    • openAccess   The Role of Payoff Valence on Voting: Egalitarian for Gains and Selfish for Losses 

      Alos-Ferrer, Carlos; Garagnani, Michele; García-Segarra, Jaume Frontiers Media (2021)
      We study how payoff valence affects voting behavior on the distribution of monetary outcomes framed as gains or losses in a group when using standard plurality voting (PV) procedures and when using approval voting (AV). ...
    • openAccess   The role of services in the environmental Kuznets curve 

      Cantavella, Manuel Ediuno. Ediciones de la Universidad de Oviedo (2020-12-23)
      This paper examines the influence of services activity in the environmental Kuznets curve (EKC) model regarding carbon dioxide (CO2) emissions. The analysis is applied for Spain during the period 1940-2014. It compares the ...
    • openAccess   The role of «perceived loss» aversion on credit screening: an experiment 

      Jaramillo-Gutiérrez, Ainhoa; Bediou, Benoit; Comeig, Irene; Sander, David Asociación Española de Contabilidad y Administración de Empresas, AECA (2013)
      A major characteristic of credit markets is information asymmetry.To combat its problems, as credit rationing, principals can use a menu of contracts to screen clients with different risk level. We conduct a laboratory ...
    • closedAccess   The small core of the German corporate board network 

      Milakovic, Mishael; Alfarano, Simone; Lux, Thomas Springer US (2010)
      We consider the bipartite graph of German corporate boards and identify a small core of directors who are highly central in the entire network while being densely connected among themselves. To identify the core, we compare ...
    • openAccess   The Small Core of the German Corporate Board Network 

      Alfarano, Simone; Milakovic, Mishael; Lux, Thomas Institut für Weltwirstach (2008)
      We consider the current bipartite graph of German corporate boards and identify a small core of directors who are highly central in the entire network while being densely connected among themselves. To identify the core, ...
    • openAccess   The Spanish housing market: is it fundamentally broken? 

      Cuestas, Juan Carlos; Kukk, Merike Taylor & Francis (2019)
      This paper aims to investigate the relationship between housing prices and their main fundamental determinants using the example of Spain and considering the possibility of structural breaks in the relationship. We find ...
    • closedAccess   The stochastic component in choice and regression to the mean 

      García-Gallego, Aurora; Georgantzis, Nikolaos; Navarro Martínez, Daniel; Sabater-Grande, Gerardo Springer Science+Business Media (2010-06-16)
      In this article, we illustrate experimentally an important consequence of the stochastic component in choice behaviour which has not been acknowledged so far. Namely, its potential to produce ‘regression to the mean’ ...
    • closedAccess   The Taylor Rule, Wealth Effects and the Exchange Rate 

      Wang, Rudan; Morley, Bruce; Ordóñez, Javier Wiley (2016)
      In this study, we develop the Taylor rule and Taylor rule-based exchange rate models that consider wealth effects as represented by both asset prices and asset wealth. Using data for Australia, Sweden, the UK and the USA, ...
    • openAccess   The term structure of cross-sectional dispersion of expectations in a Learning-to-Forecast Experiment 

      Colasante, Annarita; Alfarano, Simone; Camacho Cuena, Eva Springer (2019-03-09)
      In this paper, we present the results of a Learning-to-Forecast Experiment (LtFE) where we eliciting short- as well as long-run expectations regarding the future price dynamics in markets with positive and negative ...
    • openAccess   The Trade Facilitation Impact of the Chinese Diaspora 

      Martinez-Zarzoso, Inmaculada; Rudolf, Robert Wiley (2020-03-04)
      Using an enhanced dataset on the population share of overseas Chinese in 1970 and 1990, this paper analyzes the impact of the Chinese diaspora on facilitating China’s bilateral trade during the period 1973- 2013. Our ...
    • openAccess   The Trade-off Between Income Inequality and Carbon Dioxide Emissions 

      Grunewald, Nicole; Klasen, Stephan; Martinez-Zarzoso, Inmaculada; Muris, Chris Elsevier (2017-12)
      Based on a substantially larger data set (in both regional and temporal coverage) than the existing literature, we investigate the theoretically ambiguous link between income inequality and per capita emissions using ...
    • openAccess   They earn and send; we spend: consumption patterns of Pakistani migrant households 

      Ahmed, Junaid; Mughal, Mazhar; Martinez-Zarzoso, Inmaculada Emerald (2018)
      Purpose The purpose of this paper is to analyze differential consumption patterns of Pakistani migrant households resulting from foreign and domestic remittances. Design/methodology/approach Using the Working-Leser ...
    • openAccess   Three doors anomaly, ‘‘should I stay, or should I go’’: an artefactual field experiment 

      MORONE, ANDREA; Caferra, Rocco; Casamassima, Alessia; Cascavilla, Alessandro; Tiranzoni, Paola Springer (2021-04-01)
      This work aims to identify and quantify the biases behind the anomalous behavior of people when they deal with the Three Doors dilemma, which is a really simple but counterintuitive game. Carrying out an artefactual field ...
    • closedAccess   Time variation of higher moments in a financial market with heterogeneous agents: An analytical approach 

      Alfarano, Simone; Lux, Thomas; Wagner, Friedrich Elsevier (2008-01)
      A growing body of recent literature allows for heterogenous trading strategies and limited rationality of agents in behavioral models of financial markets. More and more, this literature has been concerned with the explanation ...
    • openAccess   Toward Value Co-Creation: Increasing Women’s Presence in Management Positions through Competition against a Set Target 

      Comeig, Irene; Jaramillo-Gutiérrez, Ainhoa; Ramírez, Federico MDPI (2017)
      Despite empirical evidence that women’s presence in management positions is a source of value co-creation for firms, these positions are still male-dominated. Some evidence from experimental economics suggests that one ...
    • openAccess   Towards Adopting Inflation Targeting: The Credibility and Limitations of Monetary Policy Under The Fixed Exchange System: The Case of Jordan 

      Abu Asab, Nora; Cuestas, Juan Carlos Wiley (2020-05-01)
      In this paper the interest rate pass through is examined within its intermediate lag of action to shed light on the credibility of monetary policy in Jordan, where the reputation of low inflation is imported through a ...
    • openAccess   Trade agreements and international technology transfer 

      Martinez-Zarzoso, Inmaculada; Chelala, Santiago Springer (2021)
      This is the first paper that analyzes for a global sample of countries how trade agree- ments that include technology-related provisions impact exports of goods, and how this impact differs depending on the technology ...