Departament d'Economia i Empresa

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Departament d'Economia i Empresa

 

Documents de recerca, en accés obert, com ara working papers, informes de recerca, memòries tècniques, etc., del Departament d'Economia i Empresa de la UPF.

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Recent Submissions

  • Apesteguia, Jose; Ballester, Miguel A. (2014)
    We analyze the use of discrete choice models for the estimation of risk aversion and show a fundamental flaw in the standard random utility model which is commonly used in the literature. Specifically, we find that given ...
  • Apesteguia, Jose; Ballester, Miguel A. (2014)
    Discrete choice methods are often used for the estimation of time preferences. We show that these methods have pervasive problems when based on random utility models, for which cases our results establish that the probability ...
  • Freixas, Xavier; Ma, Kebin (2014)
    This paper reexamines the classical issue of the possible trade-offs between banking competition and financial stability by highlighting different types of risk and the role of leverage. By means of a simple model we show ...
  • Galí, Jordi (2014)
    I analyze the effects of an increase in government purchases financed entirely through seignorage, in both a classical and a New Keynesian framework, and compare them with those resulting from a more conventional debt-financed ...
  • Cuadras Morató, Xavier; Raya, Josep M. (2014)
    Do political tensions affect economic relations? In particular, does politics significantly affect consumer choices? Firms are often threatened by consumer boycotts that pretend to modify their business strategies and ...