Working Papers

From Barcelona School of Economics
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187: Trends in Hours, Balanced Growth, and the Role of Technology in the Business Cycle

Jordi Galí

186: Discrete Devaluations and Multiple Equilibria in a First Generation Model of Currency Crises

Fernando Broner

184: The Skill Bias of World Trade

Paolo Epifani and Gino Gancia

182: Pairwise-Stability and Nash Equilibria in Network Formation

Antoni Calvó-Armengol and Rahmi İlkılıç

180: Strong and Weak Ties in Employment and Crime

Antoni Calvó-Armengol, Thierry Verdier and Yves Zenou

179: Like Father, Like Son: Labor Market Networks and Social Mobility

Antoni Calvó-Armengol and Matthew Jackson

178: Who's Who in Networks. Wanted: The Key Player

Coralio Ballester, Antoni Calvó-Armengol and Yves Zenou

177: Aversion to Inequality and Segregating Equilibria

Antonio Cabrales and Antoni Calvó-Armengol

175: A test between matching theories

Melvyn Coles and Barbara Petrongolo

174: Stochastic Uncoupled Dynamics and Nash Equilibrium

Sergiu Hart and Andreu Mas-Colell

173: Incomplete Markets, Labor Supply and Capital Accumulation

Albert Marcet, Francesc Obiols-Homs and Philippe Weil

172: Money and Prices in Models of Bounded Rationality in High Inflation Economies

Albert Marcet and Juan Pablo Nicolini

171: Debt and Deficit Fluctuations and the Structure of Bond Markets

Albert Marcet and Andrew Scott

170: Bargaining and idle public sector capacity in health care

Pedro Barros and Xavier Martinez-Giralt

169: Productivity at the Post: its Drivers and its Distribution

Emili Grifell-Tatje and C. Lovell

168: Collusion in Growing and Shrinking Markets: Empirical Evidence from Experimental Duopolies

Klaus Abbink and Jordi Brandts

167: Implementation of the Ordinal Shapley Value for a Three-agent Economy

David Perez-Castrillo and David Wettstein

165: Median Stable Matching for College Admission

Bettina Klaus and Flip Klijn

164: Circulation of Private Notes during a Currency Shortage

Xavier Cuadras-Morató

162: It's What You Say Not What You Pay. An Experimental Study of Manager-Employee Relationship in Overcoming Coordination Failure

Jordi Brandts and David Cooper

161: The optimal behaviour of firms facing stochastic costs

Francesco Menoncin and Rosella Nicolini

160: On reasonable outcomes and the core in cooperative TU games

Francesc Llerena and Carles Rafels

159: Efficient Bidding with Externalitites

Ines Macho-Stadler, David Perez-Castrillo and David Wettstein

158: On Information and Competition in Private Value Auctions

Juan-José Ganuza and José S. Penalva

156: Paths to Stability for Matching Markets with Couples

Bettina Klaus and Flip Klijn

155: Experimental Evidence on the Multibidding Mechanism

David Perez-Castrillo and Róbert Veszteg

154: Can consumption spillovers be a source of equilibrium indeterminacy?

Jaime Alonso-Carrera, Jordi Caballe and Xavier Raurich

153: Bargained stable allocations in assignment markets

Marina Núñez and Carles Rafels

151: The Donor Problem

Klaus Abbink and Matthew Ellman

150: Specificity Revisited: The Role of Cross-Investments

Matthew Ellman

148: Efficient and Stable Collective Choices under Crowding Preferences

Jordi Masso and Antonio Nicolo'

147: Incomplete Information and Small Cores in Matching Markets

Lars Ehlers and Jordi Masso

146: Auctions with asymmetric common-values: The first-price format

Maria-Angeles de Frutos and Xavier Jarque

145: Fair and Efficient Student Placement with Couples

Bettina Klaus and Flip Klijn

144: Downsizing, Job Insecurity, and Firm Reputation

Doh-Shin Jeon and Joel Shapiro

143: Observability and Overcoming Coordination Failure in Organizations. An Experimental Study

Jordi Brandts and David Cooper

142: Turbulence and Unemployment in a Job Matching Model

Wouter J. Den Haan, Christian Haefke and Garey Ramey

141: Collusion and Fights in an Experiment with Price-Setting Firms and Production in Advance

Jordi Brandts and Pablo Guillen

139: Corporate Social Responsability and Managerial Entrenchment

Giovanni Cespa and Giacinta Cestone

138: Is Seniority-Based Pay used as a Motivation Device? Evidence from Plant Level Data

Alberto Bayo-Moriones, Jose Galdon-Sanchez and Maia Güell

137: Gender Gaps in Unemployment Rates in OECD Countries

Ghazala Azmat, Maia Güell and Alan Manning

136: Aspirations, Habit Formation, and Bequest Motive

Jaime Alonso-Carrera, Jordi Caballe and Xavier Raurich

135: Strategic Delegation in Monetary Unions

Varadarajan Chari, Larry Jones and Ramon Marimon

132: Wage-Shifting Effects of Severance Payments Savings Accounts in Colombia

Adriana Kugler

131: On the Optimal Progressivity of the Income Tax Code

Juan Carlos Conesa and Dirk Krueger

126: Strike Outcomes and Wage Settlements in Spain

Sergi Jimenez-Martin

125: Welfare Implications of the Interaction between Habits and Consumption Externalities

Jaime Alonso-Carrera, Jordi Caballe and Xavier Raurich

124: Optimal Enforcement Policy and Firm's Emissions and Compliance with Environmental Taxes

Ines Macho-Stadler and David Perez-Castrillo

123: Forming Efficient Networks

David Perez-Castrillo and David Wettstein

122: Optimal procurement auction for a buyer with downward sloping demand: more simple economics

Roberto Burguet