Browsing Economics and Business Working Papers Series by Title

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Browsing Economics and Business Working Papers Series by Title

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  • Grosskopf, Brit; Nagel, Rosemarie (2007)
    Many experiments have shown that human subjects do not necessarily behave in line with game theoretic assumptions and solution concepts. The reasons for this non-conformity are multiple. In this paper we study the argument ...
  • Cassiman, Bruno; Veugelers, Reinhilde (1998)
    This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers ...
  • Domínguez, Beatriz; Ganuza, Juan-José; Llobet, Gerard (2005)
    It is commonly argued that in recent years pharmaceutical companies have directed their R&D towards small improvements of existing compounds instead of more risky drastic innovations. In this paper we show that the ...
  • Blanchard, Olivier; Galí, Jordi, 1961- (2005)
    Most central banks perceive a trade-off between stabilizing inflation and stabilizing the gap between output and desired output. However, the standard new Keynesian framework implies no such trade-off. In that framework, ...
  • Dagan, Nir (1994)
    We characterize the set of Walrasian allocations of an economy as the set of allocations which can be supported by abstract equilibria that satisfy a recontracting condition which reflects the idea that agents can freely ...
  • Giusti, Giovanni, 1984-; Noussair, Charles; Voth, Joachim (2013)
    Major bubble episodes are rare events. In this paper, we examine what factors might cause some asset price bubbles to become very large. We recreate, in a laboratory setting, some of the specific institutional features ...
  • Marcet, Albert; Nicolini, Juan P. (1995)
    This paper uses a model of boundedly rational learning to account for the observations of recurrent hyperinflations in the last decade. We study a standard monetary model where the fully rational expectations assumption ...
  • Marcet, Albert; Marimon, Ramon (1994)
    We obtain a recursive formulation for a general class of contracting problems involving incentive constraints. Under these constraints, the corresponding maximization (sup) problems fails to have a recursive solution. Our ...
  • Ciccone, Antonio; Papaioannou, Elias (2006)
    Does cutting red tape foster entrepreneurship in industries with the potential to expand? We address this question by combining the time needed to comply with government entry procedures in 45 countries with industry-level ...
  • Bosch-Domènech, Antoni; Silvestre, Joaquim (2002)
    We test whether risk attitudes change when losses instead of gains are involved. The study of gain-loss asymmetries has been largely confined to “reflected” choices, where all the money amounts of a positive prospect are ...
  • Benítez-Silva, Hugo; García-Pérez, J. Ignacio; Jiménez-Martín, Sergi (2014)
    The discussion about the need for Social Security reforms has recently resurfaced, and is expected to continue to be part of the political agenda in the near future. Our paper is a step in the direction of providing a ...
  • Shioji, Etsuro (1995)
    This paper addresses three questions: (1) why does the share of skilled workers in regional population tend to be higher in wealthier regions? (2) what determines changes in this share over time? and (3) why is it that ...
  • García Gómez, Pilar; López, Ángel (2004)
    This paper reports an analysis of income related health inequalities at the Autonomous Community level in Spain using the self assessed health measure in the 2001 edition of the Encuesta Nacional de Salud. We use recently ...
  • Argilés, Josep M. (1999)
    This article aims to identify the key groups of regions with respect to farms oriented to fruit and citrus production. Twenty variables of fruit and citrus oriented farms corresponding to forty-one regions of the European ...
  • Shioji, Etsuro (1992)
    I study the role of internal migration in income convergence across regions in Japan. Neoclassical theory predicts that migration should have been an important source of convergence. Regression results, however, suggest ...
  • Rosés, Joan Ramon (2003)
    This paper has two main objectives. First, it provides a stylised description of the Catalan industrial path of the period 1830-1861. Second, it reviews the evolution of the Catalan industry in the Spanish context and, ...
  • Gambardella, Alfonso; García-Fontes, Walter (1994)
  • Hogarth, Robin; Karelaia, Natalia (2005)
    An important problem in descriptive and prescriptive research in decision making is to identify “regions of rationality,” i.e., the areas for which heuristics are and are not effective. To map the contours of such regions, ...
  • 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 ...

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