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Recerca: working papers, informes, etc.
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Recerca: working papers, informes, etc.
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Documents de recerca de la UPF, en accés obert, com ara working papers, informes de recerca, memòries tècniques, etc. Aquests i materials d'altres institucions estan disponibles a Recercat (Dipòsit de la Recerca de Catalunya).
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Enviaments recents
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(2003-01-01)Highly competitive environments are leading companies to implement Supply Chain Management (SCM) to improve performance and gain a competitive advantage. SCM involves integration, co-ordination and collaboration across ...
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(2002-10-01)This paper presents a stylized model of international trade and asset price bubbles. Its central insight is that bubbles tend to appear and expand in countries where productivity is low relative to the rest of the world. ...
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(1993-10-01)<html> <head> <style> body {background-color:#C8102E} h1 {color:white} h2 {color:white} div.text { color: white; float: left; width: 90%; margin-top: 2%; margin-left: 3%; padding: 2%; padding-top: ...
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(2001-04-01)This paper analyses the robustness of Least-Squares Monte Carlo, a technique recently proposed by Longstaff and Schwartz (2001) for pricing American options. This method is based on least-squares regressions in which ...
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(1997-01-01)In this paper I try to move away from the Extreme Bounds method of identifying ``robust'' empirical relations in the economic growth literature. Instead of analyzing the extreme bounds of the estimates of the coefficient of ...
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(2010-01-01)This paper formalizes in a fully-rational model the popular idea that politicians perceive an electoral cost in adopting costly reforms with future benefits and reconciles it with the evidence that reformist governments ...
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(2003-12-01)We present an argument for changes in the franchise in which an elite split along economic interests use the suffrage to influence implemented policies. Through the influence of these policies on the character of ...
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(2001-01-01)We study bureaucratic corruption in a model in which a constituency sets required levels for a given set of activities. Each activity is carried out by an external provider, and its realization is supervised by a bureaucrat. ...
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(2003-04-01)After the accounting scandals that have taken place mainly in the United States during the last years, some Spanish leading authorities have defended the idea that this kind of accounting problems cannot happen in Spain. ...
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(2014-03-01)The U.S. experienced an unprecedented increase in fertility during the baby boom. After falling for a century and a half, fertility rates jumped by 45 percent from 1945 to 1955, before resuming their decline in 1965. The ...
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(1999-12-01)We show that if performance measures in a stochastic scheduling problem satisfy a set of so-called partial conservation laws (PCL), which extend previously studied generalized conservation laws (GCL), then the problem ...
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(1998-10-01)We model systemic risk in an interbank market. Banks face liquidity needs as consumers are uncertain about where they need to consume. Interbank credit lines allow to cope with these liquidity shocks while reducing the ...
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(2015-03-01)In the capital asset pricing model (CAPM), estimating beta consistently is important to obtain a consistent estimate of the price of risk. However, it is often found that the estimate of beta is sensitive to the choice ...
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(1997-10-01)This paper looks at the dynamic management of risk in an economy with discrete time consumption and endowments and continuous trading. I study how agents in such an economy deal with all the risk in the economy and ...
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(1999-03-01)Creative accounting is a growing issue of interest in Spain. In this article we argue that the concept true and fair view can limit or promote the use of creative accounting depending upon its interpretation. We review ...
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(2006-10-01)One of the principle aims of the Working Families' Tax Credit in the UK was to increase the participation of single mothers. The literature to date concludes there was approximately a five-percentage-point increase in ...
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(2008-05-01)We compare behavior in modified dictator games with and without role uncertainty. Subjects choose between a selfish action, a costly surplus creating action (altruistic behavior) and a costly surplus destroying action ...
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(2001-08-01)Emerging market crises are characterized by large swings in both macroeconomic fundamentals and asset prices. The economic significance of observed movements in macroeconomic variables is obscured by the brief and extreme ...
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(2008-11-01)Monetary policy is conducted in an environment of uncertainty. This paper sets up a model where the central bank uses real-time data from the bond market together with standard macroeconomic indicators to estimate the ...
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(2001-03-01)We estimate four models of female labour supply using a Spanish sample of married women from 1994, taking into account the complete form of the individual s budget set. The models differ in the hypotheses relating to the ...
