Working Papers

From Barcelona School of Economics
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578: Risk Sharing with the Monarch: Excusable Defaults and Contingent Debt in the Age of Philip II, 1556-1598

Mauricio Drelichman and Hans-Joachim Voth

576: A Model of Shadow Banking

Nicola Gennaioli, Andrei Shleifer and Robert Vishny

574: The Effects of a Universal Child Benefit

Libertad Gonzalez

572: First Impressions Matter: Signalling as a Source of Policy Dynamics

Stephen E. Hansen and Michael McMahon

571: The Contributions of Rare Objects in Correspondence Analysis

Michael Greenacre

570: Selective Hiring and Welfare Analysis in Labor Market Models

Christian Merkl and Thijs van Rens

569: Sharing the surplus in games with externalities within and across issues

Effrosyni Diamantoudi, Ines Macho-Stadler, David Perez-Castrillo and Licun Xue

568: Structural Unemployment

Benedikt Herz and Thijs van Rens

567: A Many-to-Many 'Rural Hospital Theorem'

Flip Klijn

566: Growth, Selection and Appropriate Contracts

Alessandra Bonfiglioli and Gino Gancia

565: Vintage Capital Growth Theory: Three Breakthroughs

Raouf Boucekkine, David de la Croix and Omar Licandro

564: The Effects of Employment Uncertainty and Wealth Shocks on the Labor Supply and Claiming Behavior of Older American Workers

Hugo Benétez-Silva, J. Ignacio García-Pérez and Sergi Jimenez-Martin

562: Banks and Development: Jewish Communities in the Italian Renaissance and Current Economic Performance

Luigi Pascali

561: The Economic Effects of a Spanish Trade Boycott against Catalan Products

Xavier Cuadras-Morató and Modest Guinjoan

560: Skill-Biased Technological Change and the Business Cycle

Almut Balleer and Thijs van Rens

559: The Impact of Trade Liberalization on Skill Upgrading Evidence from Argentina

Paula Bustos

558: Indirect Likelihood Inference

Michael Creel and Dennis Kristensen

557: Optimal Coexistence of Long-Term and Short-Term Contracts in Labor Markets

Ines Macho-Stadler, David Perez-Castrillo and Nicolás Porteiro

555: A Simple Permutation Test for Clusteredness

Michael Greenacre

554: Audit Risk and Rent Extraction: Evidence from a Randomized Evaluation in Brazil

Stephan Litschig and Yves Zamboni

553: A Simple Model of Aggregate Pension Expenditure

Angel de La Fuente

552: Recursive Contracts

Albert Marcet and Ramon Marimon

551: Persecution Perpetuated: The Medieval Origins of Anti-Semitic Violence in Nazi Germany

Nico Voigtländer and Hans-Joachim Voth

550: Displacement, Signaling, and Recall Expectations

Núria Rodríguez-Planas

548: Has the Euro-Mediterranean Partnership Affected Mediterranean Business Cycles?

Fabio Canova and Alain Schlaepfer

547: Oligopolistic Equilibrium and Financial Constraints

Carmen Bevia, Luis Corchon and Yosuke Yasuda

546: Tax Evasion, Technology Shocks, and the Cyclicality of Government Revenues

Jordi Caballe and Judith Panadés

545: Sectoral Composition and Macroeconomic Dynamics

Jaime Alonso-Carrera, Jordi Caballe and Xavier Raurich

542: The Impact of Spanish Pension Reform on Expenditure: a Quick Estimate

Angel de La Fuente and Rafael Domenech

541: Unemployment in an Estimated New Keynesian Model

Jordi Galí, Frank Smets and Raf Wouters

540: Adopting a New Religion: The Case of Protestantism in 16th Century Germany

Davide Cantoni

539: Research Output from University-Industry Collaborative Projects

Albert Banal-Estanol, Ines Macho-Stadler and David Perez-Castrillo

538: Local and Global Consistency Properties for Student Placement

Bettina Klaus and Flip Klijn

536: Testing for Sufficient Information in Structural VARs

Mario Forni and Luca Gambetti

535: No News in Business Cycles

Mario Forni, Luca Gambetti and Luca Sala

534: An Enhanced Concave Program Relaxation for Choice Network Revenue Management

Joern Meissner, Arne Strauss and Kalyan Talluri

532: ClubMed? Cyclical Fluctuations in the Mediterranean Basin

Fabio Canova and Matteo Ciccarelli

530: Human Capital and Productivity

Angel de La Fuente

526: Adverse selection, credit, and efficiency: the case of the missing market

Alberto Martin

525: How the West 'Invented' Fertility Restriction

Nico Voigtländer and Hans-Joachim Voth

524: The Economic Effects of the Protestant Reformation: Testing the Weber Hypothesis in the German Lands

Davide Cantoni

523: Patent Policy, Patent Pools, And The Accumulation Of Claims In Sequential Innovation

Gastón Llanes and Stefano Trento

522: Policy Evaluation and Uncertainty About the Effects of Oil Prices on Economic Activity

Francesca Rondina

521: Simultaneous Nash Bargaining with Consistent Beliefs

Roberto Burguet and Ramon Caminal

520: Smooth Multibidding Mechanisms

David Perez-Castrillo and Nicolas Querou

519: Theoretical Notes on Bubbles and the Current Crisis

Alberto Martin and Jaume Ventura

518: International Capital Flows and Credit Market Imperfections: a Tale of Two Frictions

Alberto Martin and Filippo Taddei

516: Does Money Matter in Shaping Domestic Business Cycles? An International Investigation (with appendices)

Fabio Canova and Tobias Menz

515: Government Spending and Re-election: Quasi-Experimental Evidence from Brazilian Municipalities

Stephan Litschig

513: Retirement Incentives, Individual Heterogeneity and Labour Transitions of Employed and Unemployed Workers

J. Ignacio García-Pérez, Sergi Jimenez-Martin and Alfonso R. Sánchez-Martin