Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Envíos recientes
Mostrando ítems 161-180 de 450
A two-sided coin: Disentangling the economic effects of the ‘War on drugs’ in Mexico”
Mexican President Felipe Calderón was sworn into office in December 2006. From the outset, his administration was to deploy an aggressive security policy in its fight against drug trafficking organizations (DTOs), in what ...
Effects of Tourism on Community Economic Well-Being and Heterogeneity of Local Destinations: Evidence From a Developed Tourist Market
Unease with tourism has spread to many areas with large populations, and local governments are implementing or discussing measures to reduce tourist intensity. The metropolitan-based narrative about the negative externalities ...
Price rivalry in airline markets: A study of a successful strategy of a network carrier against a low-cost carrier
Competition in airline markets may be tough. In this context, network carriers have two alternative strategies to compete with low-cost carriers. First, they may establish a low-cost subsidiary. Second, they may try to ...
Expected, Unexpected, Good and Bad Uncertainty
By distinguishing between four general notions of uncertainty (good expected, bad-expected, good-unexpected, bad-unexpected) within a common and simple framework, we show that it is bad-unexpected uncertainty shocks that ...
Major Reforms in Electricity Pricing: Evidence from a Quasiexperiment [WP]
The global energy mix is being redefined, and with it the power industry’s cost structure. In many countries, electricity-pricing systems are being revamped so as to guarantee fixed-cost recovery, often by raising the fixed ...
Systemic banks, capital composition and CoCo bonds issuance: The effects on bank risk
This paper shows that systemic banks are prone to increase their regulatory capital ratio through a decline in risk-weighted assets density and an intense use of lower level capital. The market access of systemic banks, ...
Distant or close cousins: Connectedness between cryptocurrencies and traditional currencies volatilities
This paper examines the volatility interconnection between the main cryptocurrencies and traditional currencies during the period of February 2014-September 2018 using both a framework proposed by Diebold and Yilmaz (2014) ...
Trust in times of economic crisis in Spain: Paradoxes for social capital theory
The theory of social capital suggests that trust in other individuals (social trust) and trust in institutions are closely related phenomena. People who trust more in other individuals also trust more in institutions, and ...
Dynamic connectedness between credit and liquidity risks in EMU sovereign debt markets
We examine the dynamic interconnection between sovereign credit and liquidity risks in ten euro area countries at the 5-year maturity with high-frequency data from MTS over the period January 2008-December 2018 using the ...
Bilateral trade between China and the European Union: Emerging challenges and opportunities in a shifting global landscape
This paper examines trade relations between China and the European Union from 2000 to 2022, focusing on the role of trade policy uncertainty alongside key economic and institutional factors. Using an extended gravity model, ...
Climate Change Mitigation and the Role of Technologic Change: Impact on selected headline targets of Europe’s 2020 climate and energy package
The European Union launched a set of policies as part of its 2020 climate and energy package aimed at meeting its 20/20/20 headline targets for smart, sustainable and inclusive growth. This paper evaluates how successful ...
Privatization and Regulation of Toll Motorways in Europe
The private sector plays an increasing and relevant role in highway funding and management. For that reason, the regulation designed and enforced by public authorities becomes even more important for the social welfare ...
When the Time is Right: Testing for Dynamic Effects in Collaborative Performance [WP]
Organizations develop collaborative relationships in order to manage external interdependencies that are consequential for performance. Econometric research has tested whether such collaboration brings improved performance ...
Social Preferences and Transport Policy: The case of US speed limits
This article, in reviewing the longrunning US debate on speed limits, illustrates how a different valuation of the trade-off between private mobility needs and safety concerns can shape transport policies. It is argued ...
Determinants of Broadband Access: Is Platform Competition always the Key Variable to Success?
Previous studies have identified the rivalry among technological platforms as one of the main driving forces of broadband services penetration. This paper draws on data from the Spanish market between 2005 and 2011 to ...
Determinants of the decision to appeal against motor bodily injury settlements awarded by Spanish trial courts
Automobile bodily injury disputes represent one of the main causes of litigation faced by Spanish Courts. In this paper a multinomial model is implemented to analyse which factors determine the decision to appeal against ...
Debating as a classroom tool for adapting learning outcomes to the European higher education area
The creation of the European Higher Education Area has meant a number of significant changes to the educational structures of the university community. In particular, the new system of European credits has generated the ...
Monitoring daily unemployment at risk
Using a high-frequency framework, we show that the Auroba-Diebold-Scotti (ADS) daily business conditions index significantly increases the accuracy of U.S. unemployment nowcasts in real-time. This is of particular relevance ...
Measuring Uncertainty in the Stock Market [WP]
We propose a daily index of time-varying stock market uncertainty. The index is constructed after first removing the common variations in the series, based on recent advances in the literature that emphasize the difference ...
Prevalence of alcohol-impaired drivers based on random breath tests in a roadside survey
Sobriety checkpoints are not usually randomly located by traffic authorities. As such, information provided by non-random alcohol tests cannot be used to infer the characteristics of the general driving population. In this ...
