The Adverse Effects of Environmental Policy in Green Markets
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: José L. Moraga; Noemí Padrón; Resumen : We model green markets in which purchasers, either firms or consumers, have higher willingness-to-pay for less polluting goods...
Does Reasoning Enhance Learning?
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Nicolaas J. Vriend; Resumen : Utilizing the well-known Ultimatum Game, this note presents the following phenomenon. If we start with simple stimulus-response agents...
Regional Diversity in the Fruit Sector in the European Union
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Josep M. Argilés; Resumen : This article aims to identify the key groups of regions with respect to farms oriented to fruit and citrus production. Twenty variables of...
Externalities and Interdependent Growth: Theory and Evidence
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Antonio Ciccone; Resumen : I formulate and estimate a model of externalities within countries and technological interdependence across countries. I find that external...
Auctions of Licences and Market Structure
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Gustavo Rodríguez; Resumen : This paper studies sequential auctions of licences to operate in a market where those firms that obtain at least one licence then engage in...
Cross-Border Banking in Europe: An Empirical Investigation
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Josep García Blandón; Resumen : This paper investigates bilateral trade in banking services within the European Union. The attention has been addressed to two main issues...
Horizontal Innovation in the Theory of Growth and Development
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Gino Gancia; Fabrizio Zilibotti; Resumen : We analyze recent contributions to growth theory based on the model of expanding variety of Romer (1990). In the first part, we...
Multiple Prisoner's Dilemma Games with (out) an Outside Option: An Experimental Study
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Esther Hauk; Resumen : Experiments in which subjects play simultaneously several finite prisoner's dilemma supergames with and without an outside option reveal that: (i...
Adaptive Learning in Models with Lagged Variables
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Wilfredo Leiva; Resumen : In this work I study the stability of the dynamics generated by adaptive learning processes in intertemporal economies with lagged variables. I...
Incomplete Markets, Labor Supply and Capital Accumulation
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Albert Marcet; Francesc Obiols-Homs; Philippe Weil; Resumen : In this paper we explore the accumulation of capital in the presence of limited insurance against...
Secret Information Acquisition in Cournot Markets
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Esther Hauk; Sjaak Hurkens; Resumen : Two-stage game models of information acquisition in stochastic oligopolies require the unrealistic assumption that firms observe the...
Product Market Deregulation and Labor Market Outcomes
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Monique Ebell; Christian Haefke; Resumen : We consider the dynamic relationship between product market entry regulation and equilibrium unemployment. The main theoretical...
Toward a Theory of Labor Market Institutions
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Gilles Saint Paul; Resumen : Standard economic analysis holds that labor market rigidities are harmful for job creation and typically increase unemployment. But many...
Endogenous Price Leadership
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Eric van Damme; Sjaak Hurkens; Resumen : We consider a linear price setting duopoly game with differentiated products and determine endogenously which of the players will...
International Business Cycles, Financial Markets and Household Production
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Fabio Canova; Ángel J. Ubide; Resumen : This paper investigates the properties of an international real business cycle model with household production. We show that...
Optimal Regulation of a Fully Insured Deposit Banking System
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Xavier Freixas; Emmanuelle Gabillon; Resumen : We analyze risk sensitive incentive compatible deposit insurance in the presence of private information when the market...
An Experimental Study of Adaptive Behavior in an Oligopolistic Market Game
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Rosemarie Nagel; Nicolaas J. Vriend; Resumen : We consider an oligopolistic market game, in which the players are competing firm in the same market of a homogeneous...
Income Taxation in a Frictional Labor Market
RECERCAT - Dipòsit de Recerca de Catalunya
Colabora: Universitat Pompeu Fabra. Departament d'Economia i Empresa Autor/es: Joel Shapiro; Resumen : A new model of wage dispersion is used to examine welfare aspects of income taxation. The model retains the dynamics of wage posting models while...
