Seminario 22/17: Germán López Buenache (Universidad de Murcia) Factor models for large and incomplete data sets with unknown group structure

data

Most economic applications rely on a large number of time series, which typically have a remarkable clustering structure and they are available over different spans. To handle these databases, we combined the expectation–maximization (EM) algorithm outlined by Stock and Watson (JBES, 2002) and the estimation algorithm for large factor models with an unknown number of…

Seminario 22/15: Ismael Gálvez Iniesta (Universidad de las Islas Baleares) Being young in Spain and the Scars from Recessions

paro

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…

Seminario 22/14. Paul De Grauwe (London School of Economics and Political Sciences) – Trust and monetary policy

trust

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…

Seminario 22/12. Darragh Flannery (University of Limerick)- School socio-economic context and student achievement in Ireland: An unconditional quantile regression analysis using PISA 2018 data

school

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…

Seminario 22/11: Magdalena Kapelko (Wroclaw University of Economics and Business) – Measuring Firms’ Dynamic Inefficiency Accounting for Corporate Social Responsibility in the US Food and Beverage Manufacturing Industry

CRS

Abstract This article proposes an innovative approach to evaluate firms’ inefficiency accounting for corporate social responsibility (CRS) activities of firms. In the first step, we estimate dynamic inefficiency for each input, marketable output, CSR output and investment using Data Envelopment Analysis. Dynamic inefficiency measure accounts for the confounding role of adjustment costs related with firms’…

Seminario 22/10: Maria Chiara Pagliarella (University of Cassino and Southern Lazio). Three-fold Fay-Herriot model for small area estimation

Estadistica

This paper introduces a three-fold Fay-Herriot model with random effects at three hierarchical levels. Small area best linear unbiased predictors of linear indicators are derived from the new model and the corresponding mean squared errors are approximated and estimated analytically and by parametric bootstrap. The problem of influence analysis and model diagnostics is addressed by…

Seminario 22/08: Agustí Segarra Blasco (Universitat Rovira i Virgili). Investigar y divulgar: ¿dos caras de la misma moneda?

divulgacion

La investigación científica y la divulgación, esto es poner al alcance de un público más amplio son dos caras de una misma moneda, pero no es lo mismo. Entre los científicos y también entre los economistas encontramos a grandes investigadores que con el paso de los años también se han convertido en divulgadores muy populares…

Seminario 22/07: Mauro Mediavilla (Universitat de València e Institut d’Economia de Barcelona) Impact of Bullying of Academic Performance in Spain

bulling

Bullying is a widespread problem throughout the world that affects one in three students and whose consequences can last in the long term. The main objective of this research is to study the causal relationship between bullying and academic performance on 15-year-old students in Spain. The databases used come from the external evaluation of the…

Seminario 22/02 Javier Palarea-Albaladejo (U. Girona) – Advances in compositional data analysis with some recent scientific applications

índice

Multivariate observations referring to parts of a whole, so-called compositions or compositional data in statistics, are common across varied scientific fields. This is for example the case when dealing with chemical concentrations, food nutritional contents, election vote shares, investment portfolios, time-use and behavioural patterns, relative abundances, amongst others. Their distinctive feature is that there is…

Seminario 22/1: Manuel Serrano (Bocconi University, Italia). The effect of Long-Term Care (LTC) benefits on healthcare use

índice

Abstract:  This paper examines the role of LTC benefits on the use of primary and secondary care by exploring a detailed administrative database in Spain. We estimate the causal effect of receiving LTC benefits by exploiting exogenous variation in the leniency of the examiners who assess the claimants’ LTC needs. We find that a monthly LTC…