Seminario 23/02: José Manuel Rueda Cantuche (European Commission) – Measuring bilateral trade in terms of value added

containers

The increase in the fragmentation of production across countries and the subsequent growth in the trade of intermediate products have raised concerns about the suitability of conventional trade statistics to understand the economic consequences of trade. Several authors have attempted to disentangle value added content of trade. This technical report proposes a novel framework that…

Seminario 23/01: Alejandro Saavedra-Nieves (Universidad de Santiago de Compostela): Sobre la aproximación de soluciones de juegos cooperativos

juego

El cómputo exacto de soluciones de juegos cooperativos presenta una alta complejidad computacional cuando el número de jugadores involucrados es lo suficientemente grande. En este sentido, las metodologías de muestreo se presentan como alternativa para su aproximación en general. En esta charla revisaremos algunas de las propuestas en la literatura basadas en muestreo, así como…

Seminario 22/18: Manuel Pérez García (Shanghai Jiao Tong University) – Global Trade in Imperial China and Spain: GECEM Project Database and Big Data Mining (1680-1840)

paper money china

Abstract Within the framework of the current global crisis provoked by the COVID-19 pandemic and the hegemonic role of China in the world economy, the revision of China’s socioeconomic and political transformation from imperial Qing dynasty until the present day is paramount. This presentation focuses on a crucial period in the history of China, the…

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

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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 22/16: Lisard Palau (Universidad de Barcelona) – La formación del mercado de trabajo en las colonias industriales de Catalunya, 1900-1936

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Cuando hablamos de las colonias industriales textiles nos estamos refiriendo, seguramente, a uno de los fenómenos más característicos de la industrialización de Catalunya. Surgidas mayormente a partir de los años setenta del siglo XIX, tendieron a ubicarse a lo largo de los cursos fluviales de los ríos Llobregat, Ter y afluentes para utilizar el agua…

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

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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 22/13: Marc Escrihuela (Universidad de las Islas Baleares). On the role of bargaining power in Nash-in-Nash bargaining: when more may be less

bargaining

In many economically relevant situations, the outcome of a negotiation determines not only how the two parties share the surplus generated by their interaction (share effect), but also the aggregate surplus (size effect). We show that, in multilateral negotiations modeled using the Nash-in-Nash solution, the equilibrium payoff of a party may be decreasing in her…

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’…