UB Economics (ERE): Enviaments recents
Ara mostrant els elements 161-180 de 460
The Banzhaf Value in the Presence of Externalities [WP]
[eng] We propose two generalizations of the Banzhaf value for partition function form games. In both cases, our approach is based on probability distributions over the set of possible coalition structures that may arise ...
Incumbency (dis)advantage when citizens can propose
This paper analyses the problem that an incumbent faces during the legislature when deciding how to react to citizen proposals such as the outcome of referenda or popular initiatives. We argue that these proposals constitute ...
Multi-sided assignment games on m-partite graphs [WP]
We consider a multi-sided assignment game with the following characteristics: (a) the agents are organized in m sectors that are connected by a graph that induces a weighted m-partite graph on the set of agents, (b) a basic ...
A dynamic theory of regulatory capture
Firms often try to influence individuals that, like regulators, are tasked with advising or deciding on behalf of a third party. In a dynamic regulatory setting, we show that a firm may prefer to capture regulators through ...
Frequent Audits and Honest Audits
A regulator hires an auditor to inspect a firm. Audits serve two purposes: to detectviolations and to motivate the firm to invest in compliance. Auditor and firm can colludeto hide violations. Honest audits require sufficient ...
Welfare spending and ethnic heterogeneity. Evidence from a massive immigration wave
[spa] En este trabajo se analiza la relación entre la heterogeneidad étnica y la redistribución, utilizando la reciente y masiva llegada de inmigrantes a España. En concreto, se estudia el efecto de los cambios en la ...
Economic ideas and economists in the Parliament in the liberal age: The attempt to implement a tax on incomes in Spain in 1868-1869
[spa] El estudio de la presencia de ideas económicas en los debates parlamentarios se ha convertido recientemente en un objeto importante dentro de la investigación sobre el proceso de institucionalización de la economía ...
Political economy of municipal water service privatization in Spain: a duration model analysis
This empirical work applies a duration model to the study of factors determining privatization of local water services. I assess how factors determining privatization decision evolve as time goes by. A sample of 133 Spanish ...
La financiación del sistema de seguridad social en España: efectos dinámicos de una posible reforma
[spa] Este artículo analiza los efectos de dos posibles reformas en la financiación del actual sistema de Seguridad Social en España, y cuantifica los efectos de dichas reformas sobre los principales agregados macroeconómicos. ...
The Welfare State and the demographic dividend: A cross-country comparison
The sustainability of the welfare state is in doubt in many developed countries due to drastic population ageing. The extent of the problem and the margin for reforms depend - among other factors - on the size of the ageing ...
On Convexity in Games with Externalities
We introduce new notions of superadditivity and convexity for games with coalitional externalities. We show parallel results to the classic ones for transferable utility games without externalities. In superadditive games ...
When lawmakers met progressives. Debating the American federal income tax of 1894
In 1894 the American Congress passed a 2% tax on incomes over 4,000 US dollars, as part of a bill seeking to reduce tariffs. Transformations in the American society after the Civil War triggered an increasing role of the ...
Macroeconomic costs of gender gaps in a model with household production and entrepreneurship
This paper examines the quantitative effects of gender gaps in entrepreneurship and workforce participation in an occupational choice model with a household sector. Gender gaps in entrepreneurship affect negatively both ...
Revisiting real exchange rate volatility: Non-traded goods and cointegrated tfp Chockse [WP]
International real business cycle (IRBC) models predict a real exchange rate volatility that is much lower than the levels observed in the data. In this paper, we build a two-country IRBC model with both a traded and a ...
The induced 2-tuple linguistic generalized OWA operator and its application in linguistic decision making
[spa] Se presenta el operador de media ponderada ordenada generalizada lingüística de 2 tuplas inducida (2-TILGOWA). Es un nuevo operador de agregación que extiende los anteriores modelos a través de utilizar medias ...
Factors influencing privatization of urban solid waste collection: some evidence from Spain
In this paper we analyse some of the organisational aspects of the urban solid waste collection and, in particular, the privatization modality of contracting out. We start by discussing some of the theoretical aspects of ...
Efectos regionales de la política monetaria : implicaciones para los países de la zona euro
De acuerdo con la teoría de las áreas monetàrias óptimas,los shocks asimétricos tienen un papel fundamental en la determinación de los beneficios y los costes derivados del establecimiento de una área monetaria. En este ...
Structural change and female participation in recent economic growth: A multisectoral analysis for the Spanish economy
Economic growth has different impacts on gender gaps. Despite that the incorporation of women into the labour market drove towards a convergence with male participation in recent decades, a notable gender pay gap still ...
Political viability of intergenerational transfers. An empirical application
Public intergenerational transfers (IGTs) may arise because of the failure of private arrangements to provide optimal economic resources for the young and the old. We examine the political sustainability of the system of ...
Investment Specific Technology Shocks and Emerging Market Business Cycle Dynamics [WP]
[eng] This article explores the role of investment specific technology shocks for emerging market business cycle fluctuations. The analysis is motivated by two key empirical facts; the presence of investment specific ...
