Now showing items 181-200 of 384

    Thumbnail

    An application of capital allocation principles to operational risk 

    Urbina, Jilber; Guillén, Montserrat (Publication date: 2013)

    The cost of operational risk refers to the capital needed to a fford the loss generated by ordinary activities of a firm. In this work we demonstrate how allocation principles can be used to the subdivision of the aggregate ...

    Thumbnail

    Young innovative firms and R&D strategies: is the Spanish case different? 

    Segarra Blasco, Agustí, 1958-; Gombau, Verònica (Publication date: 2013)

    This paper analyzes the profile of Spanish young innovative companies (YICs) and the determinants of innovation and imitation strategies. The results for an extensive sample of 2,221 Spanish firms studied during the period ...

    Thumbnail

    Decentralization and the Welfare State: What Do Citizens Perceive? 

    Díaz Serrano, Lluís; Rodríguez Pose, Andrés (Publication date: 2013)

    Trust in public institutions and public policies are generally perceived as a precondition for economic recovery in times of recession. Recent empirical evidence tends to find a positive link between decentralization and ...

    Thumbnail

    The Conservativeness of the Central Bank when Institutional Quality is Poor 

    Ferré Carracedo, Montserrat; García Fortuny, Judit; Manzano, Carolina (Publication date: 2013)

    We propose an extension of Alesina and Tabellini 's model (1987) to include corruption, which is understood as the presence of weak institutions collecting revenue through formal tax channels. This paper analyses how ...

    Thumbnail

    A Carrot and Stick Approach to Agenda-Setting 

    Dahm, Matthias; Glazer, Amihai, (Publication date: 2013)

    This paper models a legislature in which the same agenda setter serves for two periods, showing how he can exploit a legislature (completely) in the first period by promising future benefits to legislators who support him. ...

    Thumbnail

    Disentangling the link between health and social capital: A comparison of immigrant and native-born populations in Spain 

    Stoyanova, Alexandrina Petrova; Díaz Serrano, Lluís (Publication date: 2013)

    An increasing body of research has pointed to the relevance of social capital in studying a great variety of socio-economic phenomena, ranging from economics growth and development to educational attainment and public ...

    Thumbnail

    Independent Central Banks: Low inflation at no cost?: A model with fiscal policy 

    Ferré Carracedo, Montserrat; Manzano, Carolina (Publication date: 2013)

    In this article we extend the rational partisan model of Alesina and Gatti (1995) to include a second policy, fiscal policy, besides monetary policy. It is shown that, with this extension, the politically induced variance of ...

    Thumbnail

    International Equity on Greenhouse Gas Emissions and World Levels: an integrated analysis through distributive welfare indices 

    Duro Moreno, Juan Antonio; Teixidó Figueras, Jordi (Publication date: 2013)

    Up until now, analyses of the international distribution of pollutant emissions have not paid sufficient attention to the implications that, in terms of social welfare, the combined evolution of the global world average ...

    Thumbnail

    Empirics of the international inequality in CO2 emissions intensity: explanatory factors according to complementary decomposition methodologies 

    Duro Moreno, Juan Antonio; Teixidó Figueras, Jordi; Padilla, Emilio (Publication date: 2013)

    This paper analyses the international inequalities in CO2 emissions intensity for the period 1971–2009 and assesses explanatory factors. Multiplicative, group and additive methodologies of inequality decomposition are ...

    Thumbnail

    The equity core and the core 

    Vilella Bach, Misericòrdia (Publication date: 2013)

    In this paper we study the equity core (Selten, 1978) and compare it with the core. A payo vector is in the equity core if no coalition can divide its value among its members proportionally to a given weight system and, ...

    Thumbnail

    The Impact of Cooperation on R&D, Innovation and Productivity: an Analysis of Spanish Manufacturing and Services Firms 

    Fernández Gual, Verónica; Segarra Blasco, Agustí, 1958- (Publication date: 2013)

    This paper investigates relationships between cooperation, R&D, innovation and productivity in Spanish firms. It uses a large sample of firm-level micro-data and applies an extended structural model that aims to explain ...

    Thumbnail

    Impact of Duration of Primary Education on School Enrollment, Graduation and Drop-outs: A Cross- Country Analysis 

    Díaz Serrano, Lluís; Pérez, Jessica Helen (Publication date: 2013)

    Using a panel data for non-OECD countries covering the period 1970-2012, this chapter analyzes the impact of the duration of primary education on school enrollment, drop-out and completion rates. The empirical results show ...

    Thumbnail

    On the coincidence of the Mas-Colell bargaining set and the core 

    Giménez-Gómez, José Manuel; Vilella Bach, Misericòrdia (Publication date: 2013)

    In this paper we prove that the Mas-Colell bargaining set coincides with the core for three-player balanced and superadditive cooperative games. This is no longer true without the superadditivity condition or for games ...

    Thumbnail

    Spatial Exploration of Age Distribution in Catalan Municipalities 

    Liviano Solís, Daniel; Arauzo Carod, Josep Maria (Publication date: 2013)

    This paper takes the shelf and digs into the complex population’s age structure of Catalan municipalities for the year 2009. Catalonia is a very heterogeneous territory, and age pyramids vary considerably across different ...

    Thumbnail

    Empirical study about the effects of the application of IAS 32 in Cooperatives 

    Bastida, Ramón; Carreras Roig, Lluís (Publication date: 2013)

    Objecte: L'aplicació de la NIC 32 en les cooperatives ha generat una important controvèrsia en els últims anys. Fins al moment, s'han realitzat diversos treballs que intenten preveure els possibles efectes de la seva ...

    Thumbnail

    An overlapping generations approach to price policies in privatehealthcare insurance. The Catalan case 

    Carles Lavila, Misericordia; Oliva Furés, Martí (Publication date: 2013)

    We analyze premium policies and price dispersion among private healthcare insurance firms from an overlapping-generations model. The model shows that firms that apply equal premium to all policyholders and firms that set ...

    Thumbnail

    Some game-theoretic grounds for meeting people half-way 

    Gadea-Blanco, Pedro; Giménez-Gómez, José Manuel; Marco-Gil, María del Carmen (Publication date: 2013)

    It is well known that, in distributions problems, fairness rarely leads to a single viewpoint (see, for instance, Young (1994)). In this context, this paper provides interesting bases that support the simple and commonly ...

    Thumbnail

    Migration Determinants at a Local Level 

    Arauzo Carod, Josep Maria; Liviano Solís, Daniel (Publication date: 2013)

    This paper is about determinants of migration at a local level. We use data from Catalan municipalities in order to understand what explains migration patterns trying to identify whether they are main explained by amenities ...

    Thumbnail

    Do more educated leaders raise citizens’ education? 

    Díaz Serrano, Lluís; Pérez, Jessica Helen (Publication date: 2013)

    This paper looks at the contribution of political leaders to enhance citizens education and investigate how the educational attainment of the population is affected while a leader with higher education remains in office. ...

    Thumbnail

    Corruption in representative democracy 

    Bannikova, Marina (Publication date: 2013)

    A parliament with n members, distributed among two parties, decides whether to accept or reject a certain proposal. Each member of the parliament votes in favour or against. If there are at least t members in favour, the ...