- Fecha(s): 27/10/2016
- Lugar: Seminario del Departamento de Métodos Cuantitativos para la Economía y Empresa, UMU. Retransmisión en directo.
- Ponente: Mª Pilar Martínez García. Universidad de Murcia
Abstract: We analyze the effect of non-constant discounting on the sustainability of economic growth in a model with pollution and abatement. A balanced path equilibrium with decreasing pollution exists under plausible assumptions considering time-consistent agents. Compared to exponential discounting, the social optimum when consumers discount a non-constant rate shows greater abatement and consumption expenditure shares…
- Fecha(s): 12/02/2016
- Lugar: Aula Seminario Tino Martínez Gallur (Fundamentos del Análisis Económico) B2/02 (retransmisión en directo prevista)
- Ponente: Manuel García-Santana (Universidad Pompeu Fabra)
Abstract Spanish GDP grew at an average rate of 3.5% per year during the expansion of 1995- 2007, above the EU average of 2.2%. However, this growth was based on factor accumulation rather than productivity gains. In particular, TFP fell at an annual rate of 0.7%, while it increased at 0.4% in the EU and…
- Fecha(s): 11/02/2016
- Lugar: Seminario del Departamento de Métodos Cuantitativos para la Economía y Empresa, UMU. Retransmisión en directo pendiente de confirmación.
- Ponente: Matteo Ciccarelli, Banco Central Europeo Frankfurt
Abstract: This paper analyses the transmission of monetary policy to bank lending conditions during the period of financial and sovereign debt crisis in the euro area. A unique bank-level dataset is used to capture the main channels through which standard and non-standard monetary policy measures propagates to the lending behaviour of individual banks. The results…
- Fecha(s): 22/01/2016
- Lugar: Seminario del Departamento de Métodos Cuantitativos para la Economía y Empresa, UMU. Retransmisión en directo pendiente confirmar.
- Ponente: Rafael Valero. Universidad de Alicante
Abstract The aim of this paper is to create counterfactual series in a reliable way and illustrate its use. The present literature is dominated by the Synthetic Control Method (SCM), but there are cases where it cannot perform and it was not created considering the trade-off between bias and variance, hence the accuracy of results…
- Fecha(s): 06/11/2015
- Lugar: Seminario del Departamento de Economía Aplicada, UMU. Se retransmitirá en directo.
- Ponente: Carmen Díaz-Roldán
Abstract I Parte: Presentación teórica. Modelos macroeconómicos para una unión monetaria En esta sección se va a presentar un marco general para el análisis macroeconómico. Para ello se desarrollará un modelo de carácter autocontenido, que tras describir una economía cerrada por el lado de la oferta y la demanda, se ampliará para poder representar una…
- Fecha(s): 30/10/2015
- Lugar: Seminario del Departamento de Métodos Cuantitativos para la Economía y Empresa, UMU. Se retransmitirá en directo.
- Ponente: María Isabel González-Martínez, Universidad de Murcia
Abstract Following the ideas of the Tourism Area Life Cycle (TALC) theory, we propose a dynamic econometric model for tourism demand where the reputation effect (the effect of the lagged demand on the current tourism demand) is not constant, but dependent on congestion. We test the model using panel data from Spanish regions during the…
- Fecha(s): 03/07/2015
- Lugar: Seminario Martínez Gallur, Facultad de Economía y Empresa. Se retransmitirá en directo.
- Ponente: Timothy J. Kehoe, University of Minnesota y Federal Reserve Bank of Minneapolis, USA. Pau Pujolas, McMaster University, Canada.
Abstract Recent research in international trade simultaneously has developed along two branches. Empirical research measures plants’ productivity and shows that exporters are more productive than non-exporters. Theoretical research develops models of heterogeneous firms and shows that exporters are more efficient than non-exporters. We argue that there is a disconnect: the measure of firm productivity used…
- Fecha(s): 28/05/2015
- Lugar: Seminario del Departamento de Métodos Cuantitativos para la Economía y Empresa, UMU. Se retransmitirá en directo. Se mantendrá una reunión con los alumnos interesados.
- Ponente: María Pilar Martínez García, Universidad de Murcia
Abstract This paper analyzes an Ak-type endogenous growth model under non-constant discounting, assuming both naïve and sophisticated consumers. For both types of consumers an isoelastic utility with an intertemporal elasticity below one guarantees observational equivalence under exponential and non-constant discounting, but rejects strong equivalence (identical overall impatience does not lead to identical growth rates). Further,…
- Fecha(s): 21/05/2015
- Lugar: Seminario Martínez Gallur, Facultad de Economía y Empresa, UMU. Se retransmitirá en directo.
- Ponente: Marta Solaz (Universidad de Valencia)
Abstract According to the product life-cycle theory, new products are invented and developed in the advanced economies, from which they are initially exported. At a later stage, part or all of their production process moves to lower-wage countries. These dynamics lead to a continuous process of international relocation of production. In this paper, we use…
Abstract It is well known that exporter firms pay higher wages and are more skill intensive than domestic firms. In this paper we measure and decompose the exporter wage gap into several explanatory components by estimating counterfactual distributions for the Spanish manufacturing sector between 1995 and 2010. We find that conditional wages are more compressed…
