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

  • 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 ...
  • Fernández, Raquel; Martin, Alberto (2014)
    We present a simple model of sovereign debt crises in which a country chooses its optimal mix of short and long-term debt contracts subject to standard contracting frictions: the country cannot commit to repay its debts ...
  • Benigno, Gianluca; Converse, Nathan; Fornaro, Luca (2014)
    This paper describes the stylized facts characterizing periods of exceptionally large capital inflows in a sample of 70 middle- and high-income countries over the last 35 years. We identify 155 episodes of large capital ...
  • Alòs, Elisa; León, Jorge A. (2014)
    In this paper we give an alternative proof of the convexity of the implied volatility curve as a function of the strike, for stochastic volatility models in the uncorrelated case. Our method is based on the computation of ...
  • Arruñada, Benito (2014)
    Governments and international development agencies often fail in their efforts to build and reform property and company registries. They implement misguided policies rooted in a poor understanding of the role that registries ...