Economics and Business Working Papers Series

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Economics and Business Working Papers Series

 

Working papers, en accés obert, del Departament d'Economia i Empresa de la UPF.

Recent Submissions

  • Martin, Alberto; Ventura, Jaume (2015)
    We live in a new world economy characterized by financial globalization and historically low interest rates. This environment is conducive to countries experiencing credit bubbles that have large macroeconomic effects at ...
  • Asriyan, Vladimir (2015)
    Balance sheet recessions result from concentration of macroeconomic risks on the balance sheets of leveraged agents. In this paper, I argue that information dispersion about the future states of the economy combined with ...
  • Bosch-Rosa, Ciril; Meissner, Thomas; Bosch-Domènech, Antoni (2015)
    Smith et al. (1988) reported large bubbles and crashes in experimental asset markets, a result that has been replicated by a large literature. Here we test whether the occurrence of bubbles depends on the experimental ...
  • Galizzi, Matteo M.; Navarro Martinez, Daniel (2015)
    We present a lab-field experiment designed to assess systematically the external validity of social preferences elicited in a variety of experimental games. We do this by comparing behavior in the different games with a ...
  • Bonfiglioli, Alessandra; Gancia, Gino (2014)
    We study the equilibrium determinants of firm-level heterogeneity in a model in which firms can choose between different probability distributions when drawing productivity at the entry stage and explore the implications ...