- Fecha(s): 13/02/2026
- Lugar: Seminario del Departamento de Fundamentos del Análisis Económico. Universidad de Murcia
- Ponente: Francisco Alcalá Agulló (IVIE, CEPR)
Abstract: Consumption experiences generate enduring satisfaction (or dissatisfaction) that persists beyond the moment of consumption. This paper analyzes the rational behavior of individuals who anticipate this lasting impact and the cognitive limitations that shape memories–i.e, the peak-end rule, as documented by Daniel Kahneman and coauthors. The peak rule gives rise to non-smooth consumption trajectories characterized…
- Fecha(s): 09/04/2024
- Lugar: Sala de seminarios de Economía aplicada (Facultad de Economía y Empresa) - Universidad de Murcia
- Ponente: Carlos Victoria Lanzón
The phenomenon of partisanship in fiscal policy has been a long-lasting topic in the economic literature, from the earlier cross-country studies to more recent empirical analyses at the microeconomic level. However, less is known about the mechanisms that can exacerbate or mitigate this partisan behavior. Using a regression-discontinuity design and a rich electoral and budgetary…
- Fecha(s): 08/02/2024
- Lugar: Seminario de Métodos Cuantitativos. Universidad de Murcia
- Ponente: Volker Schoer (School of Economics and Finance, University of the Witwatersrand, Johannesburg, South Africa)
Improving the mathematics performance of school children is an objective for many policy makers around the world. It is obvious that mathematics teachers may have a key role to play in this process; however, robust examination of the teacher characteristics and practices of teachers that help to raise pupil mathematics achievement is relatively sparse, particularly…
- Fecha(s): 01/06/2023
- Lugar: Seminario del Departamento de Fundamentos del Análisis Económico - Universidad de Murcia
- Ponente: Íñigo Iturbe Ormaetexe
Systematic biases in return expectations may distort stock prices and lead to inefficient capital allocation. In this paper, we report experimental evidence that buying a stock induces optimistically biased expectations when its price drops below the purchase price. We find this effect in a controlled laboratory experiment as well as in a six-week-long online experiment…
- Fecha(s): 17/11/2022
- Lugar: Seminario de Métodos Cuantitativos. Facultad de Economía y Empresa. Universidad de Murcia
- Ponente: Ismael Gálvez Iniesta (Universidad de las Islas Baleares)
We assess the unequal effects of the Great Recession on the labor market outcomes of different cohorts of young individuals and education groups in Spain. We provide empirical evidence that young workers in Spain suffer from a high unemployment rate because of a low job-finding rate and a high separation rate. We also document that…
- Fecha(s): 06/10/2022
- Lugar: Salón de Grados de la Facultad de Economía y Empresa de la Universidad de Murcia
- Ponente: Paul De Grauwe
El eminente economista Paul De Grauwe, en la víspera del día de la ceremonia en la que tendrá lugar su investidura como Doctor Honoris Causa de la Universidad de Murcia, impartirá un seminario/conferencia dirigido a los estudiantes del programa de doctorado DEcIDE y, en general, a todos los estudiantes y profesores de la Facultad de…
- Fecha(s): 23/09/2022
- Lugar: Seminario Métodos Cuantitativos. Facultad de Economía y Empresa. Universidad de Murcia.
- Ponente: Darragh Flannery. Department of Economics, Kemmy Business School, University of Limerick, Ireland.
The existence of a ‘multiplier’, ‘compositional’ or ‘social context effect’ is debated extensively in the literature on school effectiveness. Some researchers have posited that the relationship between social context and achievement is mediated by school, teacher or classroom factors, such as teacher expectations, quality of instruction, or adequacy of school resources. In this context, this…
- Fecha(s): 16/06/2022
- Lugar: Universidad de Murcia - Departamento de Fundamentos del Análisis Económico
- Ponente: Debrah Meloso
We use high-performance Continuous Double Auction trading software and algorithms to study the effects of algorithmic trading on pricing and allocative efficiency in a laboratory environment. In addition to trading manually, participants can deploy algorithms that bid marginal valuations modulo a spread and a market-making (maker) or liquidity-taking (taker) parameter. The spread and maker/taker parameters…