Seniority-based pay: is it used as a motivation device?
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa Autor/es: Bayo Moriones, José Alberto; Publica: Universitat Autònoma de Barcelona. Departament d'Economia de l'Empresa Resumen : The purpose of this article is to explain what factors determine the use of seniority-base...
Monografía
Online
formato PDF
+ información
On the Cultural Transmission of Corruption
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Esther Hauk; Maria Sáez; Resumen : We provide a cultural explanation to the phenomenon of corruption in the framework of an overlapping generations model with intergenerational transmission of values. We show that the eco...
Monografía
Online
formato PDF
+ información
Instituciones Financieras
Recursos Online
Superintendencia de bancos. Fondo de garantia de depósito y protección. Fondo monetario internacional. Banco mundial. Lectura adicional.~~A medida que el mundo fue evolucionando las personas han buscado la mejor manera de cuidar su dinero, de hacerlo producir, de tenerlo en un lugar seguro y donde p...
1 Opinión
Tutorial
Online
+ información
On the Valuation and Incentive Effects of Executive Cash Bonus Contracts
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Lionel Martellini; Branko Urosevic; Resumen : Executive compensation packages are often valued in an inconsistent manner: while employee stock options (ESOs) are typically valued ex-ante, cash bonuses are valued ex-post. ...
1 Opinión
Monografía
Online
formato PDF
+ información
On the Accuracy of Latin American Trade Statistics: a Nonparametric Test for 1925
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: M. del Mar Rubio Varas; Mauricio Folchi; Resumen : This paper proposes a nonparametric test in order to establish the level of accuracy of the foreign trade statistics of 17 Latin American countries when contrasted with t...
Monografía
Online
formato PDF
+ información
Sequential Screening
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Pascal Courty; Li Hao; Resumen : We present a model of price discrimination where a monopolist faces a consumer who is privately informed about the distribution of his valuation for an indivisible unit of good but has yet...
Monografía
Online
formato PDF
+ información
Honey, I Shrunk the Sample Covariance Matrix
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Olivier Ledoit; Michael Wolf; Resumen : The central message of this paper is that nobody should be using the sample covariance matrix for the purpose of portfolio optimization. It contains estimation error of the kind mos...
Monografía
Online
formato PDF
+ información
Systemic Crises and Growth
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Romain Rancière; Aaron Tornell; Frank Westermann; Resumen : In this paper, we document the fact that countries that have experienced occasional financial crises have on average grown faster than countries with stable fina...
Monografía
Online
formato PDF
+ información
Adaptive Approach Heuristics for The Generalized Assignment Problem
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Helena Ramalhinho-Lourenço; Daniel Serra; Resumen : The Generalized Assignment Problem consists in assigning a set of tasks to a set of agents with minimum cost. Each agent has a limited amount of a single resource and ea...
Monografía
Online
formato PDF
+ información
Caution, Children Crossing: Heterogeneity of Victim's Cost of Care and Negligence Rule
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Juan José Ganuza; Fernando Gómez; Resumen : The paper deals with a bilateral accident situation in which victims have heterogeneous costs of care. With perfect information,efficient care by the injurer raises with the vic...
Monografía
Online
formato PDF
+ información
Finite Horizon Bargaining and the Consistent Field
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Armando Gomes; Sergiu Hart; Andreu Mas-Colell; Resumen : This paper explores the relationships between noncooperative bargaining games and the consistent value for non-transferable utility (NTU) cooperative games. A dynam...
Monografía
Online
formato PDF
+ información
Hiring and Firing Costs, Adverse Selection and Long-term Unemployment
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Adriana D. Kugler; Gilles Saint Paul; Resumen : In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment are much lower in Europe compared to North America, wh...
Monografía
Online
formato PDF
+ información
Turbulence and Unemployment in a Job Matching Model
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Wouter J. Den Haan; Christian Haefke; Garey Ramey; Resumen : According to Ljungqvist and Sargent (1998), high European unemployment since the 1980s can be explained by a rise in economic turbulence, leading to greater num...
Monografía
Online
formato PDF
+ información
A Multi-state model for the analysis of functional decline and mortality of frail elderly patients
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat de Vic. Grup de Recerca en Modelització de Sistemes Biològics Autor/es: Calle, M. Luz; Roura, Pere; Arnau, Anna; Yáñez, Aina; Leiva, Alfonso; Publica: Universitat de Vic Resumen : L’objectiu d’aquest estudi, que correspon a un projecte de recerca sobre la pèrdua funcional i la ...
Monografía
Online
formato PDF
+ información
Ethics and Creative Accounting: Some Empirical Evidence on Accounting for Intangibles in Spain
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Ester Oliveras; Oriol Amat; Resumen : Recent research shows that financial reports are losing relevance. Mainly this is due to the growing strategic importance of intangible assets in the performance of a company. A possi...
Monografía
Online
formato PDF
+ información
Reflections on Gains and Losses: A 2x2x7 Experiment
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Antoni Bosch-Domènech; Joaquim Silvestre; Resumen : We test whether risk attitudes change when losses instead of gains are involved. The study of gain-loss asymmetries has been largely confined to reflected choices, whe...
Monografía
Online
formato PDF
+ información
Catholic Confession of Sins as Third-Party Moral Enforcement
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Benito Arruñada; Resumen : Catholicism has built up a legalistic religion based on two pillars: salvation by works and 'auricular' confession of sins to a priest with judicial functions. Since the Reformation, many consid...
Monografía
Online
formato PDF
+ información
Variable Kernel Estimates: On the Impossibility of Tuning the Parameters
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Luc Devroye; Gábor Lugosi; Resumen : For the standard kernel density estimate, it is known that one can tune the bandwidth such that the expected L1 error is within a constant factor of the optimal L1 error (obtained when...
Monografía
Online
formato PDF
+ información
Relative Price Riddles in International Business Cycle Theory: Are Transport Costs the Explanation?
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Elisabetta Mazzenga; Morten O. Ravn; Resumen : We study relative price behavior in an international business cycle model with specialization in production, in which a goods market friction is introduced through transport ...
Monografía
Online
formato PDF
+ información
Using Composite Estimators to Improve both Domain and Total Area Estimation
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Àlex Costa; Albert Satorra; Eva Ventura; Resumen : In this article we propose using small area estimators to improve the estimates of both the small and large area parameters. When the objective is to estimate parameters ...
