Working Papers

From Barcelona School of Economics
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270: Bundling Electronic Journals and Competition among Publishers

Doh-Shin Jeon and Domenico Menicucci

269: Regions of Rationality: Maps for bounded agents

Robin Hogarth and Natalia Karelaia

267: On Globalization and the Growth of Governments

Paolo Epifani and Gino Gancia

265: Financing Imperfections and the Investments Decisions of Privately Owned Firms

Andrea Caggese

261: Corrigendum: Stable Matchings and Preferences of Couples

Bettina Klaus, Flip Klijn and Toshifumi Nakamura

259: The Persistence of Inflation in OECD Countries:a Fractionally Integrated Approach

Laura Mayoral

257: The curse of aid

Simeon Djankov, José García-Montalvo and Marta Reynal-Querol

256: Relative Position, Prices of Sacrifice and Reciprocity: An Experimental Study Using Individual Decisions

Jordi Brandts, Enrique Fatas and Francisco Lagos

255: A Theory of Agreements in the Shadow of Conflict

Joan Esteban and József Sákovics

254: Redistributive Taxation with Endogenous Sentiments

Matteo Cervellati, Joan Esteban and Laurence Kranich

251: Evidence of the Determinants of Foreign Direct Investment: The Case of Three European Regions

Lionel Artige and Rosella Nicolini

250: Product Market Deregulation and the U.S. Employment Miracle

Monique Ebell and Christian Haefke

249: Wage Inequality and Unemployment with Overeducation

Xavier Cuadras-Morató and Xavier Mateos-Planas

248: A Note on the Impossibility of a Satisfactory Concept of Stability for Coalition Formation Games

Salvador Barberà and Anke Gerber

246: Testing for Asymmetric Information in Private Health Insurance

Pau Olivella and Marcos Vera-Hernandez

244: Product Specialization, Efficiency and Productivity Change in the Spanish Insurance Industry

Hugo Fuentes, Emili Grifell-Tatje and Sergio Perelman

243: Real Wage Rigidities and the New Keynesian Model

Olivier Blanchard and Jordi Galí

242: New Evidence on Inflation Persistence and Price Stickiness in the Euro Area: Implications for Macro Modelling

Ignazio Angeloni, Luc Aucremanne, Michael Ehrmann, Jordi Galí, Andrew Levin and Frank Smets

241: The Dog That Did Not Bark: Insider Trading and Crashes

Jose Marin and Jacques Olivier

240: Optimal Monetary and Fiscal Policy in a Currency Union

Jordi Galí and Tommaso Monacelli

239: Global Bifurcations, Credit Rationing and Recurrent Hyperinflations

Pedro Gomis-Porqueras and Àlex Haro

235: A Model of Participatory Democracy: Undestanding the Case of Porto Alegre

Enriqueta Aragones and Santiago Sánchez-Pagés

234: Stabilization versus insurance: welfare effects of procyclical taxation under incomplete markets

James Costain and Michael Reiter

233: Credit Card Debt Puzzles

Michael Haliassos and Michael Reiter

232: Estate Taxes, Consumption Externalities, and Altruism

Jaime Alonso-Carrera, Jordi Caballe and Xavier Raurich

230: Voting with Preferences over Margins of Victory

Humberto Llavador

228: Are loyalty-rewarding pricing schemes anti-competitive?

Ramon Caminal and Adina Claici

227: Portable Alphas from Pension Mispricing

Francesco Franzoni and Jose Marin

222: Modern Perspectives on Stabilization Policies

Jordi Galí

221: A Cooperative Approach to Queue Allocation of Indivisible Objects

Herbert Hamers, Flip Klijn, Marco Slikker and Bas Van Velzen

219: The Overhang Hangover

Jean Imbs and Romain Ranciere

218: Proportional Share Analysis

Carles Rafels and Cori Vilella

216: The Dot-Com Bubble, the Busch Deficits and the US Current Account

Aart Kraay and Jaume Ventura

215: Business Cycles, Unemployment Insurance and the Calibration of Matching Models

James Costain and Michael Reiter

213: Riding the South See Bubble

Peter Temin and Hans-Joachim Voth

210: Increasing Returns, Imperfect Competition and Factor Prices

Paolo Epifani and Gino Gancia

209: Financial Repression in a Natural Experiment: Loan Allocation and the Change in the Usury Laws in 1714

Peter Temin and Hans-Joachim Voth

207: When in Peril, Retrench: Testing the Portfolio Channel of Contagion

Fernando Broner, R. Gaston Gelos and Carmen Reinhart

205: Education, Matching and the Allocative Value of Romance

Alison Booth and Melvyn Coles

204: Economic Growth with Bubbles

Alberto Martin and Jaume Ventura

203: A Global View of Economic Growth

Jaume Ventura

202: Endogenous Labor Market Participation and the Business Cycle

Christian Haefke and Michael Reiter

200: Horizontal Innovation in the Theory of Growth and Development

Gino Gancia and Fabrizio Zilibotti

199: Trade, Migration and Regional Unemployment

Paolo Epifani and Gino Gancia

198: Globalization, Divergence and Stagnation

Gino Gancia

194: Capitalism, Unemployment and the Transition to the Contemporary Pattern of Growth

Howard Petith

191: Wealth, Financial Intermediation and Growth

Alejandro Gaytan and Romain Ranciere

190: Systemic Crises and Growth

Romain Ranciere, Aaron Tornell and Frank Westermann

189: Environmental Regulation: Choice of Instruments under Imperfect Compliance

Ines Macho-Stadler

188: Dynamic Matching and Bargaining: The Role of Deadlines

Sjaak Hurkens and Nir Vulkan