Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Recent submissions
Now showing items 41-60 of 450
Geography of talent and regional differences in Spain
Tentative empirical evidence suggests that the agglomeration of talent contributes to regional development. However, given that talented people are not evenly distributed across regions, this paper seeks to determine how ...
Uncovering the time-varying relationship between commonality in liquidity and volatility [WP]
This study examines the dynamic linkages between commonality in liquidity in international stock markets and market volatility. Using a recently proposed liquidity measure as input in a variance decomposition exercise, we ...
Shaping urban traffic patterns through congestion charging : What factors drive success or failure?
Congestion costs are emerging as one of the most important challenges faced by metropolitan planners and transport authorities in first world economies. In US these costs were as high as 78 million dollars in 2005 and are ...
Retos para el análisis y la estimación de la distribución de probabilidad en Big-data
En este documento se describen los principales conceptos relacionados con el ajuste no paramétrico de la distribución de probabilidades cuando se dispone de datos masivos y estos poseen fuerte asimetría a la derecha. En ...
The influence of decision-maker effort and case complexity on appealed rulings subject to multi-categorical selection
This study extends the standard econometric treatment of appellate court outcomes by 1) considering the role of decision-maker effort and case complexity, and 2) adopting a multi-categorical selection process of appealed ...
Effects of unit-based pricing on the waste collection demand: a meta - regression analysis
We perform a meta - analysis of 21 studies that estimate the elasticity of the price of waste collection demand upon waste quantities, a prior literature review having revealed that the price elasticity differs markedly. ...
Sovereigns and banks in the euro area : a tale of two crises
This study attempts to identify and trace inter-linkages between sovereign and banking risk in the euro area. To this end, we use an indicator of banking risk in each country based on the Contingent Claim Analysis literature, ...
Measuring and assessing economic uncertainty
This paper evaluates the dynamic response of economic activity to shocks in agents’ perception of uncertainty. The study focuses on the comparison between manufacturers 'and consumers' perception of economic uncertainty. ...
The benefits of PSM: an oasis or a mirage? [WP]
Scholarly interest in Public Service Motivation has yielded a vast amount of research explicating its benefits for public sector organizations; including increased employee job satisfaction, boosted individual performance, ...
Regional returns to physical capital: are they conditioned by educational attainment?
This paper provides novel empirical evidence of the indirect effect of educational attainment on regional economic growth, through its influence on the profitability of investment in physical capital. We test the hypothesis ...
Misinformation and Misperception in the market for parking
This article studies the level of knowledge and information held by drivers in the car parking market. By drawing on a survey conducted with 576 garage customers in Barcelona, we provide new evidence on the market frictions ...
When one door closes: the impact of the hagwon curfew on the consumption of private tutoring in the Republic of Korea [WP IREA]
The Korean government has struggled against the proliferation of private tutoring for more than four decades. In 2006, state education authorities imposed a restriction on operating hours of hagwon (private tutoring academies ...
Economic determinants of employment sentiment: A socio-demographic analysis for the euro area
In this study we construct quarterly consumer confidence indicators of unemployment for the euro area using as input the consumer expectations for sixteen socio-demographic groups elicited from the Joint Harmonised EU ...
Panel Data Stochastic Convergence Analysis of the Mexican Regions
The stochastic convergence amongst Mexican Federal entities is analyzed in panel data framework. The joint consideration of cross-section dependence and multiple structural breaks is required to ensure that the statistical ...
The impact of aging drivers and vehicles on the injury severity of crash victims
Against a general trend of increasing driver longevity, the injuries suffered by vehicle occupants in Spanish road traffic crashes are analyzed by the level of severity of their bodily injuries (BI). Generalized linear ...
Does human capital stimulate investment in physical capital? Evidence from a cost system framework (WP)
The direct effect of human capital on economic growth has been widely analysed in the economic literature. This paper, however, focuses on its indirect effect as a stimulus for private investment in physical capital. The ...
Asymmetric Sovereign Risk: Implications for Climate Change Preparation
Sovereign risk exhibits significantly asymmetric reactions to its determinants across the conditional distribution of credit spreads. This aspect, previously overlooked in the literature, carries relevant policy implications. ...
Economic uncertainty and redistribution
This study examines the relationship between economic uncertainty and the redistributive effect of taxes and government transfers in the UK and the US over the period 1980-2021. We find that the sign of the relationship ...
Human capital spillovers, productivity and regional convergence in Spain (WP)
This paper analyses the differential impact of human capital, in terms of different levels of schooling, on regional productivity and convergence. The potential existence of geographical spillovers of human capital is also ...
Multicointegration, polynomial cointegration and I(2) cointegration with structural breaks. An application to the sustainability of the US external deficit
In this paper we model the multicointegration relation, allowing for one structural break. Since multicointegration is a particular case of polynomial or I(2) cointegration, our proposal can also be applied in these cases. ...
