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…
Abstract This paper theoretically explores the role of elites in the rise of progressive taxation in Western countries at the beginning of the XXth century and in its posterior erosion in the last four decades. We focus on its interaction with the level of inequality between the elite and the citizens. We analyse a stylized…
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…
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…
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…
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…
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…
This paper formulates and analyzes a dynamic game between two trading regions that face a transboundary pollution problem. We study how the distribution of firms and trade costs affect the optimal emission decision of governments and how the resulting environmental policy would alter the allocation of the industry between both countries. The underlying microeconomic behaviour…
In this paper, I build a dynamic general equilibrium model calibrated to the U.S. economy to study the macroeconomic effects of alternative fiscal consolidation strategies in a context where the private sector is heavily indebted. Fiscal consolidation is defined as a permanent reduction of the public debt-to-GDP ratio by means of government spending cuts or…
While all research and data collections in the past year has been focused on the damaging impact of Covid19 on the national and international level, as an unprecedented phenomenon that is greater in its negative magnitude than the great depression of 1929-33, this project is centered around the other side of the coin. We will…
