Seminario 15/19: N. Allouch (U. London) – Policy reform in networks: the interbank liquidity game


Abstract This paper studies the interbank liquidity game where banks are located on a network and may access their direct neighbors’ liquidity holdings. We investigate patterns and directions of welfare-improving transfers in arbitrary networks. More specifically, we use a geometric approach to characterise two general cases – where the welfare improvement is accompanied by a…

Seminario 15/18: V. Ortún Rubio (U. Pompeu Fabra) – Gestión: Coordinación e incentivo


Abstract En este seminario se abordan cuestiones relacionadas con la medida de la calidad en la gestión y su relación con los incentivos a niveles institucional, organizativo e individual. Se expondrán algunas de las preguntas relevantes que, con particular énfasis en el ámbito de la sanidad, todavía esperan respuesta.

Seminario 15/17: M. P. Martínez-García (U. Murcia) – Non-constant discounting and Ak-type growth models


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,…

Seminario 15/16: M. Solaz (U. Valencia) –International Relocation of Production and Economic Growth


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…

Seminario 15/15: A. Calveras Maristany (U. Islas Baleares) – Corporate Social Responsibility and Product Quality


Abstract We study both theoretically and empirically the relationship between different types of corporate social responsibility (CSR) and a firm’s product quality. On the one hand, observable external CSR (e.g., a firm’s involvement in a social project) can be used as a signal to unobservable product quality. On the other hand, internal CSR (e.g., human…

Seminario 15/14: R. Caballero Fernández (U. Malaga) – Turismo Sostenible e Indicadores Sintéticos: Una relación sin solución única. Un enfoque multicriterio


Abstract Deseamos exponer mediante un breve recorrido a través de algunos trabajos en ese ámbito algunas de nuestras experiencias, carencias, aprendizajes y retos conseguidos o inconclusos. Es claro que el problema es multi,… multidimensional, multivariante, multicriterio. Expondremos como distintas cuestiones conceptuales marcan líneas metodológicas distintas pasando por el Análisis Multivariante, Análisis Envolvente de Datos y…

Seminario 15/13: J. L. Groizard (Universitat Illes Balears) –Dissecting the Exporter Wage Gap in Spain

World trade concept. Globe surrounded by shipping containers.

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…

Seminario 15/12: F. I. Sánchez-Martínez (U. Murcia) – Avoiding preference reversals with opaque methods


Abstract Two major classes of preference elicitation methods are Matching and Choice. In Matching Methods, respondents are asked to establish indifference between two options. Very often, Choice and Matching seem to reveal opposite preferences, a phenomenon known as “preference reversals”. We study if there are elicitation methods that reduce or eliminate this discrepancy between Matching…

Seminario 15/11: J. Sánchez-Campillo (U. Granada) – ¿En los centros privados se inflan las calificaciones de los estudiantes?


Abstract Over ninety percent of the students taking the Spanish university admissions test (PAU) in recent years have passed on their first try. However, many public university degree programmes require high grades of their applicants. This requirement was reinforced in 2010 with the approval of the new PAU, which introduced a set of voluntary tests,…

Seminario 15/10: L. Prados de la Escosura (U. Carlos III) – World Human Development: 1870-2007

MDG human development index

Abstract How has wellbeing evolved over time and across regions? How does the West compare to the Rest? What explains their differences? These questions are addressed using an historical index of human development. A sustained improvement in wellbeing has taken place since 1870. The absolute gap between OECD and the Rest widened over time, but…