AQR (Grup d’Anàlisi Quantitativa Regional): Envíos recientes
Mostrando ítems 21-40 de 141
A regional perspective on the accuracy of machine learning forecasts of tourism demand based on data characteristics
In this work we assess the role of data characteristics in the accuracy of machine learning (ML) tourism forecasts from a spatial perspective. First, we apply a seasonal-trend decomposition procedure based on non-parametric ...
Measuring Sovereign Bond Spillover in Europe and the Impact of Rating News
Although there is by now strong evidence that sovereign risk premia are driven by a common factor, little is known about the detailed linkages between sovereign bond markets. We employ the VAR method by Diebold and Yilmaz, ...
Tracking positive and negative effects of inequality on long-run growth [WP]
Despite extensive research, there is still controversy on the effects of income inequality on economic growth. The literature proposes several transmission channels through which these effects may take place, and even the ...
Income Inequality and Monetary Policy: An analysis on the Long Run Relation
The distributional effect of monetary policy is estimated in the case of the USA. In order to identify a monetary policy shock, the paper employs contemporaneous restrictions with ex-ante identified monetary policy shocks ...
The Impact of Robot Adoption on Global Sourcing
This paper studies the impact of robot adoption on firms’ global sourcing activities. Using a rich panel dataset of Spanish manufacturing firms, we show that robot adopting firms increased their intermediate input purchases ...
Do intra and inter industry spillovers matter? CDM model estimates for Spain
This paper uses a structural model to analyse the impact of innovation activities, including intra and inter industry externalities, on the productivity of Spanish firms. To the best of our knowledge, no previous paper has ...
Decomposition of differences in PISA results in middle income countries
Programme for International Student Assessment
Income inequality in Europe. Analysis of recent trends at the regional level
The evolution of income inequality is becoming a great concern all over the World, particularly since the start of the Great Recession. In this work we analyse the main trends of income inequality in Europe over the last ...
Nowcasting and forecasting GDP growth with machine-learning sentiment indicators
We apply the two-step machine-learning method proposed by Claveria et al. (2021) to generate country-specific sentiment indicators that provide estimates of year-on-year GDP growth rates. In the first step, by means of ...
Bilingual Schooling and Earnings: Evidence from a Language-in-Education reform [WP]
We exploit the 1983 language-in-education reform that introduced Catalan alongside Spanish as medium of instruction in Catalan schools to estimate the labour market value of bilingual education. Identification is achieved ...
Trains of Thought: High-Speed Rail and Innovation in China
This paper explores the effect of the High Speed Rail (HSR) network expansion on local innovation in China during the period 2008-2016. Using exogenous variation arising from a novel instrument - courier’s stations during ...
Effects of removing the trend and the seasonal component on the forecasting performance of artificial neural network techniques
This study aims to analyze the effects of data pre-processing on the performance of forecasting based on neural network models. We use three different Artificial Neural Networks techniques to forecast tourist demand: a ...
The Impact of Immigration on Native Employment: Evidence from Italy [WP]
Whether host countries economically benefit or not from immigration is a longstanding debate. In this paper, by taking advantage of the consistent variation of foreign-born workers' settlements across local labor market, ...
Regional Forecasting with Support Vector Regressions: The Case of Spain
This study attempts to assess the forecasting accuracy of Support Vector Regression (SVR) with regard to other Artificial Intelligence techniques based on statistical learning. We use two different neural networks and three ...
Job Accessibility, Employment and Job-Education Mismatch in the Metropolitan Area of Barcelona [WP]
This paper analyses the effect of job accessibility by public and private transport on labour market outcomes in the metropolitan area of Barcelona. Beyond employment, we consider the effect of job accessibility on ...
An application of deep learning for exchange rate forecasting
This paper examines the performance of several state-of-the-art deep learning techniques for exchange rate forecasting (deep feedforward network, convolutional network and a long short-term memory). On the one hand, the ...
Mobility, networks and innovation: The role of regions’ absorptive capacity
The purpose of this paper is to assess the extent to which regions’ absorptive capacity determines knowledge flows’ impact on regional innovation intensity. In particular, it looks at the role of the cross-regional ...
Evolution of business and consumer uncertainty in the midst of the COVID-19 pandemic. A sector analysis in 32 European countries
This paper examines the evolution of business and consumer uncertainty amid the Coronavirus pandemic in 32 European countries and the European Union (EU). Since uncertainty is not directly observable, we approximate it ...
Education and Ethnic Intermarriage: Evidence from Higher Education Expansion in Indonesia [WP]
In this paper, we analyse the effect of educational attainments on interethnic marriages in Indonesia, a multi-ethnic emerging country. The empirical analysis is based on data from the Java Island obtained from the 2014 ...
Task Trade and its determinants in Spain: a national and regional analysis
Globalisation and technological advances have made possible to offshore specific productive tasks (that do not require physical proximity to the actual location of the work unit) to foreign countries where these are usually ...
