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.
We analyze the merits and limitations of simple tractable New Keynesian models (RANK and TANK) in accounting for the aggregate predictions of Heterogenous Agent New Keynesian models (HANK). By means of comparison of a ...
Climate change is expected to reduce agricultural productivity in developing countries. Classic international trade and geography models predict that the optimal adaptation response is a reallocation of capital and labor ...
Spain together with Scotland are two countries that exhibit the largest expansions in long term care (LTC) in the last two decades, universalizing subsidies and supports. This paper is part of a global effort to provide a ...
Resum de paraules clau: Geopolítica i Economia. Ciència social. Lúgubre? De la macro a la micro.Fluxos i estocs; renda i patrimoni. Compte de resultats i Balanç. La tragèdia dels béns comuns. La translació a la política ...
This paper shows that social capital increases economic growth by raising government investment in human capital through better political incentives and selection. We provide empirical evidence that a greater share of ...
Tenim un bon sistema sanitari però amb mal pronòstic si no es combat l’esclerosi que tenalla la gestió clínica i sanitària i s’oblida que el finançament públic és el que permet atendre segons necessitat. Caldrà un nou estat ...
We study optimal monetary policy during times of exceptionally high global demand for tradable goods, relative to non-tradable ones. The optimal monetary response entails a rise in inflation, which helps rebalance production ...
Heblich, Stephan; Nagy, David Krisztián; Trew, Alex; Zylberberg, Yanos(2023-07-03)
This paper studies how cities’ industrial structure shapes their life and death. Our analysis exploits the large heterogeneity in the early composition of English and Welsh cities. We extract built-up clusters from early ...
We study the role of idiosyncratic income risk for aggregate fluctuations within a simple heterogeneous households framework. We show that the presence of idiosyncratic income shocks affects the economy’s response to an ...