Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Envíos recientes
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An update on EMU sovereign yield spread drivers in times of crisis: A panel data analysis [WP]
We empirically investigate the determinants of EMU sovereign bond yield spreads with respect to the German bund. Using panel data techniques, we examine the role of a wide set of potential drivers. To our knowledge, this ...
Have Low Emission Zones slowed urban traffic recovery after Covid-19? [WP]
This paper provides a bridge between the literature on the effects of the pandemic on mobility and the literature on low emission zones (LEZ) impacts. Using data for large European cities in the period 2018-2021, we examine ...
The farthest need the best. Human capital composition and development-specific economic growth
We provide robust and compelling evidence of the marked impact of tertiary education on the economic growth of less developed countries and of its the relatively smaller impact on the growth of developed ones. Our results ...
Cómo (no) adaptar una asignatura al EEES: Lecciones desde la experiencia comparada en España
La implementación del Espacio Europeo de Educación Superior en España es uno de los mayores retos que ha afrontado la Universidad en este país. No obstante no se dispone de un plan oficial conjunto de adaptación, lo que ...
In-group bias in preferences for redistribution: a survey experiment in Italy
Using a new survey and experimental data, we investigate how information on inequality and immigration affect preferences for redistribution in Italy. Our randomized treatments show that preferences for redistribution are ...
On the modal shift from motorway to high-speed rail: evidence from Italy [WP]
The development of high-speed rail (HSR) has had a notable impact on modal market shares on the routes on which its services have been implemented. The aim of this study is to analyse whether the HSR expansion in Italy has ...
¿La sobreeducación de los padres afecta al rendimiento académico de sus hijos? (WP)
El objetivo del trabajo consiste en analizar si el desajuste educativo de los progenitores afecta a los resultados educativos de los hijos. Para ello, se utilizan los microdatos de PISA-2009 para España, dado que facilita ...
The Spatial Distribution of Human Capital: Can It Really Be Explained by Regional Differences in Market Access?
This paper tests the robustness of estimates of market access impact on regional variability in human capital, as previously derived in the NEG literature. Our hypothesis is that these estimates of the coefficient of market ...
Mixed oligopoly and predatory public firms
In this paper, we propose a mixed duopoly model in which the public company aims to maximize a weighted function of profits and a function of its production scale. We found that if the weight to the scale of production is ...
Similar problems, different solutions: Comparing refuse collection in the Netherlands and Spain
Local public service provision can vary greatly because of differences in institutional arrangements, public service markets, and national traditions regarding government intervention. In this paper we compare the procedures ...
Price differences between domestic and international air markets : an empirical application to routes from Gran Canaria
In this paper we examine whether airline prices on national routes are higher than those charged on international routes. Drawing on a database prepared specifically for this study, we estimate a pricing equation for all ...
The determinants of contractual choice for private involvement in infrastructure projects in the United States
Reliance on private partners to help provide infrastructure investment and service delivery is increasing in the United States. Numerous studies have examined the determinants of the degree of private participation in ...
Human Capital Composition and Economic Growth at a Regional Level
With this paper we build a two-region model where both innovation and imitation are performed. In particular imitation takes the form of technological spillovers that lagging regions may exploit given certain human capital ...
The diabolic loop between sovereign and banking risk in the euro area
Multiple interconnected channels link banks and governments: the sovereign-exposure channel (banks hold significant amounts of sovereign debt), the safety net channel (government guarantees protect banks), and the macroeconomic ...
An analysis of the success of privately-led job search assistance programs against social exclusion
This paper examines an active and personalized job search program led by private entities called Feina amb Cor, which started in Barcelona in 2013 as an alternative to government-led employment services. The program aimed ...
Railways and Roadways to Trust
This paper explores the interplay between the extent of transportation infrastructure and various aspects of trust (interpersonal and political trust). We test our hypothesis by exploiting cross regional variation during ...
Financial stress transmission in EMU sovereign bond market volatility: a connectedness analysis
This paper measures the connectedness in EMU sovereign market volatility between April 1999 and January 2014, in order to monitor stress transmission and to identify episodes of intensive spillovers from one country to the ...
Modelling the dynamic interaction between economic uncertainty, growth, unemployment and suicide
Economic uncertainty is a driver of the business cycle. In a recent study, Claveria (2022) used a fixed-effects model to assess the impact of uncertainty on suicide rates worldwide. Using that same panel, in which global ...
Has the ECB's Monetary Policy Prompted Companies to Invest or Pay Dividends? [WP]
This paper focuses on how the European Central Bank’s (ECB) monetary policies influenced non-financial firms. The paper’s two main contributions are, first, to shed light on non-financial firms’ decisions on leverage, and ...
Job losses, outsourcing and relocation: empirical evidence using microdata
Using microdata, we analyse the determinants of firm relocation and conventional outsourcing decisions as a way to reduce employment. The results for a sample of 32 countries show the relevance of factors not considered ...
