Lyfe-Cycle Effects on Household Expenditures: A Latent-Variable Approach
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Eva Ventura; Albert Satorra; Resumen : Using data from the Spanish household budget survey, we investigate life- cycle effects on several product expenditures. A latent...
The Adverse Effects of Environmental Policy in Green Markets
RECERCAT - Dipòsit de Recerca de Catalunya
features of products. Nonetheless, overall pollution levels will rise because government regulation also affects market shares and boots firms' sales. Consequently, social welfare may be reduced. We also explore the effects of technological subsidies and...
Life-time Redistribution Effects of the Spanish Public Pension System
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Guillem López; Joan Gil; Resumen : The paper analyses the inter and intragenerational redistribution effects of the public pensions system in Spain. This is achieved by...
Sovereign Risk, Anonymous Markets, and the Effects of Globalization
RECERCAT - Dipòsit de Recerca de Catalunya
argue that there are no policies governments can take to avoid the negative effects of globalization on trade among domestic residents. In a dynamic extension, we analyze how our results are a¤ected by reputational considerations....
The Economic Effects of Christian Moralities
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Benito Arruñada; Resumen : This article examines the different influences that Catholicism and Protestantism exert on economically relevant values. It argues that Catholic theology and practice facilitate personal transac...
Fixed and Random Effects in Classical and Bayesian Regression
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Silvio Rendón; Resumen : This paper proposes a common and tractable framework for analyzing different definitions of fixed and random effects in a contant-slope variable...
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An Evaluation of the Life-cycle Effects of Minimum Pensions on Retirement Behavior
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Sergi Jiménez-Martín; Alfonso R. Sánchez; Resumen : In this paper we explore the distortions that minimum pensions generate on individual decisions, paying special attention to their impact on retirement behavior. This is...
The Intra-Generational Redistributive Effects of Social Security
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Luis M. Cubeddu; Resumen : This paper provides a quantitative evaluation of the intra--cohort redistributive elements of the United States social security system in the context of a computable general equilibrium model. I...
Country Effects in ISSP-1993 Environmental Data: Comparison of SEM Approaches
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Pilar Rivera; Albert Satorra; Resumen : Structural equation models (SEM) are commonly used to analyze the relationship between variables some of which may be latent, such as individual ``attitude'' to and ``behavior'' con...
