Seminario 19/32: Gabriel Brida (U. de la Republica) -On the empirical relationship between tourism and economic growth.

Toruism Countries

Abstract: In this paper we study the dynamics of economic growth and tourism evolution for 97 countries during the period 1995-2016. The variables representing economic and tourism growth are growth rates of per capita GDP and international tourism arrivals. Using the concept of economic regime, we introduce a notion of distance between the dynamical paths…

Seminario 19/27: José García Solanes (UM) – New insights into the nonlinearity of Okun’s law

Okun

We estimate Okun’s relationship for four European countries (France, Germany, the Netherlands and Spain) with a nonparametric procedure, without imposing a previous specific functional form. We apply the non parametric MARS  methodology that endogenously detects multiple thresholds and therefore is able to identify multiple possible regimes. In addition, we control for the Euro area crisis…

Seminario 19/21: Pedro Jesús Hernandez (UM) – Los determinantes de la evolución de la desigualdad salarial en España.

Salario

Abstract: Este trabajo analiza la evolución y los determinantes de la desigualdad salarial mensual y horaria en España desde 1995 a 2014 utilizando los datos de la Encuesta Cuatrienal de Estructura Salarial. El aumento de la jornada a tiempo parcial es la variable clave que explica el distinto comportamiento observado en ambas. La primera aumenta…

Seminario 19/18: David Nagy (CXREI-Universitat Pompeu Fabra) – City Location and Economic Development

Cities

Abstract:I present a dynamic model of the U.S. economy with trade, labor mobility, endogenous growth and realistic geography to examine the relationship between spatial frictions, city formation and aggregate development. In the model, a subset of locations endogenously specialize in innovative industries that are subject to economies of scale. This leads to the formation and…

Seminario 19/5: Ascensión Andina-Díaz (UMA) – Institutional flexibility, political alternation and middle-of-the-road policies

adult-announcement-business-1059116

Abstract: Empirical observation shows that policies are usually gradually introduced in a society. This paper presents a model of repeated elections that captures this phenomenon, and that allows countries to differ in their institutional flexibility, thus in the speed of implementation of new policies. We show that with gradual implementation of policies there is an…

Seminario 19/4: Carlos Vidal Meliá (Universidad de Valencia) Cuentas nocionales, jubilación y dependencia: algunas ideas innovadoras.

Budget

Para poder seguir el seminario, usad el siguiente link (no hace falta autentificación) https://canal.uned.es/live/event/5c35a9fdb1111fd1708b4567 Habrá una grabación para que puedan efectuar la tarea aquellos que no se puedan conectar.  

Seminario 19/2: Juan Vicente Llinares (UM) and Susana Álvarez (UM) – A New Index to Measure Educational Poverty and its Application to the OECD countries from PISA 2009 – 2015

chart-data-desk-590022

Abstract: The consequences that educational underperformance has on both individuals and society as a whole lead policy makers and planners to focus on how to measure it properly. The aim of this paper is to propose an index to measure educational poverty which, taking as a starting point the economic literature on multidimensional poverty measurement,…

Seminario 18/20: Ana B. Ania-Martínez (U. of Vienna) – Laboratory federalism with public funds sharing

Cover-banner-Michael

Abstract: We explore the role of public funds sharing in the  framework of laboratory federalism, viewed as a learning process of policy innovation and imitation. In a model of decentralized, rich-to-poor redistribution with labor mobility, such a learning dynamics leads to the complete erosion of the welfare state. We show that suitably designed funds sharing schemes can correct this…

Seminario 18/18: Iñaki Permanyer (Centre d’Estudis Demogràphics, Barcelona)- Measuring poverty in multidimensional contexts

beggar-begging-homeless-2128

Abstract: When measuring multidimensional poverty it is reasonable to expect that the trade-offs between variable pairs can differ depending on whether the concerned pairs are complements or substitutes. Yet, currently existing approaches based on deprivation count distributions unrealistically assume that all pairs of variables are related in the same way, an unfortunate circumstance that undermines…

Seminario 18/11: Jesús Vázquez (U. País Vasco)-The bond term premium in an estimated DSGE model with real-time learning

bond-market-inflation

ABSTRACT: Adaptive learning (AL) takes over other features needed to generate a sizable term premium under rational expectations. Indeed, a time-varying term premium emerges in a first-order approximation of a DSGE model under AL. We estimate a real-time AL model that builds on Slobodyan and Wouters (2012a). Our extension disentangles the expectations hypothesis of the term structure (EH)…