Economics Working Papers

from Department of Economics and Business, Universitat Pompeu Fabra
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37: Expectations and Learning Under Alternative Monetary Regimes: An Experimental Approach

Ramon Marimon and Shyam Sunder

36: The Effect of Public Capital in State-Level Production Functions Reconsidered

Teresa Garcia-Milà, Therese J. McGuire and Robert H. Porter

35: On the Asymptotic Optimality of Alternative Minimum-Distance Estimators in Linear Latent-Variable Models

Albert Satorra

34: Price Competition in Segmented Industries

Walter Garcia-Fontes

33: The Shakeout

Hugo A. Hopenhayn

32: Protecciones anti-opa y concentración de la propiedad: el poder de voto

Rafael Crespi

31: A Note on Measurement Error and Euler Equations: An Alternative to Log-Linear Approximations

Eva Ventura

30: Policy Variability and Economic Growth

Hugo A. Hopenhayn and Maria E. Muniagurría

29: An Experimental Analysis of Two-Person Reciprocity Games

Jeffrey Prisbrey

28: Does Economic Integration Cause Foreign Direct Investment?

Massimo Motta and George Norman

27: Short Term Credit Versus Account Receivable Financing

Xavier Freixas

26: A Cross-Section Model with Zeros: an Application to the Demand for Tobacco

Jaume Garcia and Jose M. Labeaga

25: Indeterminacy of Equilibria in a Hyperinflationary World: Experimental Evidence

Ramon Marimon and Shyam Sunder

24: On Adaptive Learning in Strategic Games

Ramon Marimon and Ellen R. McGrattan

23: Adaptive Learning, Evolutionary Dynamics and Equilibrium Selection in Games

Ramon Marimon

22: Growth, Capital Flows and Enforcement Constaints: The Case of Africa

Giorgia Giovannetti, Albert Marcet and Ramon Marimon

21: Expectationally-driven Market Volatility: An Experimental Study

Ramon Marimon, Stephen Spear and Shyam Sunder

20: The Coherent Covering Location Problem

Daniel Serra

19: Information, Liquidity and Asset Trading in a Random Matching Game

Hugo A. Hopenhayn and Ingrid M. Werner

18: Consumption, Real after Tax Interest Rates and Income Innovations. A Panel Data Analysis

M. Antònia Monés, Rafael Salas and Eva Ventura

17: Convergence of Approximate Model Solutions to Rational Expectation Equilibria Using the Method of Parameterized Expectations

Albert Marcet and David A. Marshall

16: Multi-Sample Analysis of Moment-Structures: Asymptotic Validity of Inferences Based on Second-Order Moments

Albert Satorra

15: Speed of Convergence of Recursive Least Squares Learning with ARMA Perceptions

Albert Marcet and Thomas Sargent

14: Ruling out Speculative Hyperinflations: A Game Theoretic Approach

Juan Pablo Nicolini

13: The PQ-Median Problem: Location and Districting of Hierarchical Facilities. Part II: Heuristic Solution Methods

Daniel Serra and Charles Revelle

12: The PQ-Median Problem: Location and Districting of Hierarchical Facilities. Part I

Daniel Serra and Charles Revelle

11: Indicadores de eficiencia en el sector hospitalario

Guillem López and Adam Wagstaff

10: Entry Restrictions and the Determination of Quality

Walter Garcia-Fontes and Hugo A. Hopenhayn

9: Industrial Mix as a Factor in the Growth and Variability of States' Economies

Teresa Garcia-Milà and Therese J. McGuire

8: The Variance Matrix of Sample Second-order Moments in Multivariate Linear Relations

Albert Satorra

7: A Unique Informationally Efficient and Decentralized Mechanism with Fair Outcomes

Xavier Calsamiglia and Alan Kirman

6: Simulation Analysis of Dynamic Stochastic Models: Applications to Theory and Estimation

Albert Marcet

5: Solving Non-Linear Stochastic Models by Parameterizing Expectations: An Application to Asset Pricing with Production

Albert Marcet

4: Wage Determination in the Spanish Industry

Javier Andrés and Jaume Garcia

3: Asymptotic Robust Inferences in the Analysis of Mean and Covariance Structures

Albert Satorra

2: Economies of Scale, Location, Age and Sex Discrimination in Household Demand

Antoni Bosch-Domènech

1: Communication, Commitment and Growth

Albert Marcet and Ramon Marimon