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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  • Medrano, Luis A.; Vives, Xavier (1997)
    The paper analyzes the effects of strategic behavior by an insider in a price discovery process, akin to an information tatonnement, in the presence of a competitive informed sector. Such processes are used in the ...
  • Chari, V.V.; Jones, Larry E.; Marimon, Ramon (2004)
    In monetary unions, monetary policy is typically made by delegates of the member countries. This procedure raises the possibility of strategic delegation - that countries may choose the types of delegates to influence ...
  • Ribeiro, Rita; Ramalhinho-Lourenço, Helena (2003)
    The problems arising in the logistics of commercial distribution are complex and involve several players and decision levels. One important decision is related with the design of the routes to distribute the products, in ...
  • Courty, Pascal (1997)
    Organizations often face the challenge of communicating their strategies to local decision makers. The difficulty presents itself in finding a way to measure performance wich meaningfully conveys how to implement ...
  • Jiménez-Martín, Sergi (2004)
    This paper analyzes collective bargaining using Spanish firm level data. Central to the analysis are the joint determination of wage and strike outcomes in a dynamic framework and the possibility of segregate wage equation ...
  • Antos, Andras; Lugosi, Gábor (1997)
    Minimax lower bounds for concept learning state, for example, that for each sample size $n$ and learning rule $g_n$, there exists a distribution of the observation $X$ and a concept $C$ to be learnt such that the expected error ...
  • Canova, Fabio; Gambetti, Luca (2003)
    This paper investigates the contribution of monetary policy to the changes in output growth and inflation dynamics in the US. We identify a policy shock and a policy rule in a time-varying coefficients VAR using robust ...
  • Herz, Benedikt; van Rens, Thijs (2011)
    Structural unemployment is due to mismatch between available jobs and workers. We formalize this concept in a simple model of a segmented labor market with search frictions within segments. Worker mobility, job mobility ...
  • Rosés, Joan Ramon (2005)
    This paper examines changes in the organization of the Spanish cotton industry from 1720 to 1860 in its core region of Catalonia. As the Spanish cotton industry adopted the most modern technology and experienced the ...
  • Kokoszka, Piotr; Wolf, Michael (2002)
    We establish the validity of subsampling confidence intervals for the mean of a dependent series with heavy-tailed marginal distributions. Using point process theory, we study both linear and nonlinear GARCH-like time ...
  • Greenacre, Michael; Pardo, Rafael (2004)
    It is shown how correspondence analysis may be applied to a subset of response categories from a questionnaire survey, for example the subset of undecided responses or the subset of responses for a particular category. ...
  • Serra, Daniel; Colomé, Rosa (2000)
    The Maximum Capture problem (MAXCAP) is a decision model that addresses the issue of location in a competitive environment. This paper presents a new approach to determine which store’s attributes (other than distance) ...
  • Ramalhinho-Lourenço, Helena (2001)
    In today’s highly competitive and global marketplace the pressure on organizations to find new ways to create and deliver value to customers grows ever stronger. In the last two decades, logistics and supply chain has moved ...
  • Giménez, Cristina (2003)
    This paper explores the integration process that firms follow to implement Supply Chain Management (SCM) and the main barriers and benefits related to this strategy. This study has been inspired in the SCM literature, especially ...
  • Garcia-Milà, Teresa; Marcet, Albert; Ventura, Eva (1995)
    In this paper we study the welfare impact of alternative tax schemes on labor and capital. We evaluate the e_ect of lowering capital income taxes on the distribution of wealth in a model with heterogeneous agents, restricting ...
  • Hersh, Jonathan; Voth, Joachim (2009)
    When did overseas trade start to matter for living standards? Traditional real-wage indices suggest that living standards in Europe stagnated before 1800. In this paper, we argue that welfare rose substantially, but ...
  • Rancière, Romain; Tornell, Aaron; Westermann, Frank (2002)
    In this paper, we document the fact that countries that have experienced occasional financial crises have on average grown faster than countries with stable financial conditions. We measure the incidence of crisis with the ...
  • Hogarth, Robin; Karelaia, Natalia (2003)
    The effectiveness of decision rules depends on characteristics of both rules and environments. A theoretical analysis of environments specifies the relative predictive accuracies of the lexicographic rule 'take-the-best' (TTB) ...
  • Freixas, Xavier; Rochet, Jean-Charles (2012)
    We model a Systemically Important Financial Institution (SIFI) that is too big (or too interconnected) to fail. Without credible regulation and strong supervision, the shareholders of this institution might deliberately ...

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