Working Papers

From Barcelona School of Economics
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861: Managers and Productivity Differences

Nezih Guner, Andrii Parkhomenko and Gustavo Ventura

860: Private versus Social Incentives for Pharmaceutical Innovation

Paula González, Ines Macho-Stadler and David Perez-Castrillo

859: Monotone Stochastic Choice Models: The Case of Risk and Time Preferences

Jose Apesteguia and Miguel Ballester

858: Voters' Private Valuation of Candidates' Quality

Enriqueta Aragonès and Dimitrios Xefteris

857: Does Science Advance One Funeral at a Time?

Pierre Azoulay, Christian Fons-Rosen and Joshua Graff Zivin

856: Compulsory Voting, Turnout, and Government Spending: Evidence from Austria

Mitchell Hoffman, Gianmarco León-Ciliotta and Maria Lombardi

855: Double Bank Runs and Liquidity Risk Management

Filippo Ippolito, Jose-Luis Peydro, Andrea Polo and Enrico Sette

854: Centralized vs. Decentralized Management: an Experimental Study

Jordi Brandts and David Cooper

853: When is there more employment, with individual or collective wage setting?

Jose Garcia and Valeri Sorolla

852: Your Language or Mine?

Ramon Caminal and Antonio Di Paolo

851: The Tradeoff Between Ex Ante and Ex Post Transaction Costs: Evidence From Legal Opinions

Benito Arruñada and Carlos A. Manzanares

850: Testing Subspace Granger Causality

Majid Al-Sadoon

849: Inequality Reducing Properties of Progressive Income Tax Schedules: The Case of Endogenous Income

Oriol Carbonell-Nicolau and Humberto Llavador

848: Securities Trading by Banks and Credit Supply: Micro-Evidence

Puriya Abbassi, Rajkamal Iyer, Jose-Luis Peydro and Francesc Rodríguez Tous

847: Economic Uncertainty and Structural Reforms

Alessandra Bonfiglioli and Gino Gancia

846: Outsourcing with Identical Suppliers and Shortest-First Policy: A Laboratory Experiment

Flip Klijn and Marc Vorsatz

845: Offshoring and Skill-upgrading in French Manufacturing: A Heckscher-Ohlin-Melitz View

Juan Carluccio, Alejandro Cunat, Harald Fadinger and Christian Fons-Rosen

844: The Effect of Lawyers' Career Concerns on Litigation

Rosa Ferrer

843: Personal Liberties, Religiosity, and Effort

Joan Esteban, Gilat Levy and Laura Mayoral

842: Cereals, Appropriability and Hierarchy

Joram Mayshar, Omer Moav, Zvika Neeman and Luigi Pascali

841: Urban Networks: Spreading the Flow of Goods, People, and Ideas

Edward L. Glaeser, Giacomo Ponzetto and Yimei Zou

840: Can a Financial Transaction Tax Prevent Stock Price Booms?

Klaus Adam, Johannes Beutel, Albert Marcet and Sebastian Merkel

839: Hiring and Escalation Bias in Subjective Performance Evaluations: A Laboratory Experiment

Andrej Angelovski, Jordi Brandts and Carles Solà

838: Feeling Useless: The Effect of Unemployment on Mental Health in the Great Recession

Lidia Farre, Francesco Fasani and Hannes Mueller

836: Contract Innovation and Legal Evolution under Imperfect Enforcement

Nicola Gennaioli and Giacomo Ponzetto

832: Stagnation Traps

Gianluca Benigno and Luca Fornaro

831: The International Transmission of Credit Bubbles: Theory and Policy

Alberto Martin and Jaume Ventura

830: Debt into Growth: How Sovereign Debt Accelerated the First Industrial Revolution

Jaume Ventura and Hans-Joachim Voth

829: An Experimental Study of Persuasion Bias and Social Influence in Networks

Jordi Brandts and Roberto Weber

828: On Strategy-proofness and the Salience of Single-peakedness

Shurojit Chatterji and Jordi Masso

827: Information Spillovers in Asset Markets with Correlated Values

Vladimir Asriyan, William Fuchs and Brett Green

826: On the Accumulation of Wealth under Aspirations

Jordi Caballe and Ana Moro-Egido

825: Schooling, Nation Building, and Industrialization: a Gellnerian Approach

Esther Hauk and Javier Ortega

824: Large Firm Dynamics and the Business Cycle

Vasco Carvalho and Basile Grassi

823: Managing Credit Bubbles

Alberto Martin and Jaume Ventura

822: Heterogeneous Consumers and Fiscal Policy Shocks

Emily Anderson, Atsushi Inoue and Barbara Rossi

821: Identifying the Sources of Model Misspecification

Atsushi Inoue, Chun-Huong Kuo and Barbara Rossi

820: Macroeconomic Uncertainty Indices for the Euro Area and Individual Member Countries

Barbara Rossi and Tatevik Sekhposyan

819: Forecasting in Nonstationary Environments: What Works and What Doesn't in Reduced-Form and Structural Models

Raffaella Giacomini and Barbara Rossi

818: The Long and the Short of It: Sovereign Debt Crises and Debt Maturity

Raquel Fernández and Alberto Martin

817: Status Ranking: A Hidden Channel to Gender Inequality under Competition

Jordi Brandts, Klarita Gërxhani and Arthur Schram

816: Market Frictions, Investor Heterogeneity, and Persistence in Mutual Fund Performance

Ariadna Dumitrescu and Javier Gil-Bazo

815: Familiarity and Competition: The Case of Mutual Funds

Ariadna Dumitrescu and Javier Gil-Bazo

814: Uncertain Rationality and Robustness in Games with Incomplete Information

Fabrizio Germano and Peio Zuazo-Garin

813: The Institutions of Roman Markets

Benito Arruñada

812: Bounded Rationality and Correlated Equilibria

Fabrizio Germano and Peio Zuazo-Garin

811: Structural Estimation of a Model of School Choices: the Boston Mechanism vs. Its Alternatives

Caterina Calsamiglia, Chao Fu and Maia Güell

810: The Illusion of School Choice: Empirical Evidence from Barcelona

Caterina Calsamiglia and Maia Güell

809: Firms' Response and Unintended Health Consequences of Industrial Regulations

Christopher Hansman, Jonas Hjort and Gianmarco León-Ciliotta

808: Technology and the Changing Family: a Unified Model of Marriage, Divorce Educational Attainment and Married Female Labor-Force Participation

Jeremy Greenwood, Nezih Guner, Georgi Kocharkov and Cezar Santos