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

  2. Fecha(s): 05/07/2019
  3. Lugar: Seminario Martínez-Gallur
  4. Ponente: José García Solanes
  5. Enlace: https://drive.google.com/open?id=1Pkyxvbdv_0A9La0vS1_Y7qHB7XGT9lXr
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 19/18: David Nagy (CXREI-Universitat Pompeu Fabra) – City Location and Economic Development

  2. Fecha(s): 17/05/2019
  3. Lugar: Seminario Martínez Gallur - B2/02
  4. Ponente: David Nagy
  5. Enlace: http://www.crei.cat/wp-content/uploads/2017/02/jmp_citylocation_nagy-2-1.pdf
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…