Working Papers

From Barcelona School of Economics
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90: The Marginal Propensity to Spend on Adult Children

Ernesto Villanueva and Joseph Altonji

89: Educational Opportunity and Income Inequality

Igal Hendel, Paul Willen and Joel Shapiro

87: On the Choice of an Exchange Rate Regime: Target Zones Revisited

Jesús Rodríguez-López and Hugo Rodriguez Mendizabal

86: A Positive Theory of Geographic Mobility and Social Insurance

John Hassler, Kjetil Storesletten and Fabrizio Zilibotti

85: Elicited bid functions in (a)symmetric first-price auctions

Abdolkarim Sadrieh and Paul Pezanis-Christou

84: Sequential Formation of Coalitions through Bilateral Agreements

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

81: Negotiation Advantages of Professional Associations in Health Care

Pedro Barros and Xavier Martinez-Giralt

78: Some Things Couples always wanted to know about stable matchings (but were afraid to ask)

Bettina Klaus, Jordi Masso and Flip Klijn

77: A Theory of Information Flows

Doh-Shin Jeon

76: Forward induction and the excess capacity puzzle: An experimental investigation

Gary Charness, Antonio Cabrales and Jordi Brandts

75: How Binding are Legal Limits? Transitions from Termporary to Permanent Work in Spain

Barbara Petrongolo and Maia Güell

74: Preferred Suppliers and Vertical Integration in Auction Market

Martin K. Perry and Roberto Burguet

73: Understanding the Effects of Government Spending on Consumption

David Lopez-Salido and Jordi Galí

72: Why are Fertility and Female Participation Rates Positively Correlated across OECD countries?

Jose Da Rocha and Luisa Fuster

71: The Social Contracts with Endogenous Sentiments

Laurence Kranich and Joan Esteban

70: Human capital in a global and knowledge-based economy

Angel de La Fuente and Antonio Ciccone

69: General Preferences for Consumption Goods in the Random Matching Model of Commodity Money

Xavier Cuadras-Morató

68: Giffen Goods and Market Making

Giovanni Cespa

67: Wage Structures and Family Economies in the Catalan Textile Industry in an Age of Nascent Capitalism

Enriqueta Camps-Cura

66: Competitions with Forward Contracts: A Laboratory Analysis Motivated by Electricity Market Design

Paul Pezanis-Christou, Arthur Schram and Jordi Brandts

65: Testing Financing Constraints on Firm Investment Using Variable Capital

Andrea Caggese

58: Price competition under cost uncertainty: A laboratory analysis

Klaus Abbink and Jordi Brandts

56: How Universal is Behavior? A Four Country Comparison of Spite and Cooperation in Voluntary Contribution Mechanisms

Tatsuyoshi Saijo, Arthur Schram and Jordi Brandts

55: Networks in Labor Markets: Wage and Employment Dynamics and Inequality

Antoni Calvó-Armengol and Matthew Jackson

54: Pharmaceutical Generics, Vertical Product Differentiation, and Public Policy

Antonio Cabrales

53: Financing Constraints, Irreversibility, and Investment Dynamics

Andrea Caggese

52: Social Networks and Crime Decisions: The Role of Social Structure in Facilitating Delinquent Behavior

Antoni Calvó-Armengol and Yves Zenou

51: The Rise and Decline of Children's Participation Levels during the Early Stages of Industrialization. Catalonia (1850-1925)

Enriqueta Camps-Cura

50: A comparison of stock market mechanisms

Giovanni Cespa

49: The Strategic Impact of Resource Flexibility in Business Groups

Giacinta Cestone and Chiara Fumagalli

48: Fiat Money in a Search Theoretical Model with Generalist Consumers

Xavier Cuadras-Morató

47: Inequality and Public Resource Allocation

Debraj Ray and Joan Esteban

46: Polarization: Concepts, Measurement, Estimation

Jean-Yves Duclos, Debraj Ray and Joan Esteban

45: Markups, Gaps, and the Welfare Costs of Business Fluctuations

Mark Gertler, David Lopez-Salido and Jordi Galí

44: Robustness of the Estimates of the Hybrid New Keynesian Phillips Curve

Mark Gertler, David Lopez-Salido and Jordi Galí

42: On Some Geometry and Equivalence Classes of Normal Form Games

Fabrizio Germano

41: Estimating the Probability of Leaving Unemployment using Uncompleted Spells from Repeated Cross-Section Data

Luojia Hu and Maia Güell

40: Decentralized job matching

Myrna Wooders and Guillaume Haeringer

38: Endogenous Private Information Structures

Nir Vulkan and Sjaak Hurkens

37: Mechanism Design under Collusion and Uniform Transfers

Doh-Shin Jeon

36: Procedurally Fair and Stable Matching

Bettina Klaus and Flip Klijn

35: Measurement and Explanation of Socioeconomic Inequality in Health with Longitudinal Data

Andrew Jones

34: Electoral Platforms, Implemented Policies, and Abstention

Humberto Llavador

33: Resource-Monotonicity for House Allocation

Bettina Klaus and Lars Ehlers

32: The HP-Filter in Cross-Country Comparisons

Morten Ravn and Albert Marcet

30: Selecting Negotiation Processes with Health Care Providers

Pedro Barros and Xavier Martinez-Giralt

26: An Ordinal Shapley Value for Economic Environments

David Wettstein and David Perez-Castrillo

25: Marx's Analysis of the Falling Rate of Profit in the First Version of Volume III of Capital

Howard Petith

24: Bidding at Sequential First-Price Auctions with(out) Supply Uncertainty: a Laboratory Analysis

Tibor Neugebauer and Paul Pezanis-Christou

23: Inequality and Mobility

John Hassler and Joseph Zeira

22: The Daily Market for Funds in Europe: What has Changed with the EMU?

Gabriel Pérez-Quirós and Hugo Rodriguez Mendizabal

21: Optimal Second-degree Price Discrimination and Arbitrage: On the Role of Asymmetric Information among Buyers

Doh-Shin Jeon and Domenico Menicucci

20: Work Requirements and Income Maintenance Programs

Joel Shapiro

19: Parental altruism under imperfect information: theory and evidence

Ernesto Villanueva

18: Fixed-term Contracts and Unemployment: an Efficiency Wage Analysis

Maia Güell

17: Stepwise Multiple Testing as Formalized Data Snooping

Joseph P. Romano and Michael Wolf

15: Free Triples, Large Indifference Classes and the Majority Rule

Lars Ehlers and Salvador Barberà

14: Stable Sunspot Equilibria in a Cash-in-Advance Economy

George Evans, Seppo Honkapohja and Ramon Marimon

13: Endogenous bargaining power

József Sákovics and Joan Esteban

11: Monetary Policy and Exchange Rate Volatility in a Small Open Economy

Tommaso Monacelli and Jordi Galí

10: Do the Wealthy Risk More Money? An Experimental Comparison

Joaquim Silvestre and Antoni Bosch-Domènech

9: Stochastic Dominance and Absolute Risk Aversion

Jordi Caballe and Joan Esteban

8: Nominal Debt as a Burden on Monetary Policy

Pedro Teles, Javier Díaz-Giménez, Giorgia Giovannetti and Ramon Marimon

7: Voting by Committees under Constraints

Alejandro Neme, Jordi Masso and Salvador Barberà

6: Identifying Human Capital Externalities: Theory with Applications

Giovanni Peri and Antonio Ciccone

5: Personal Redistribution and the Regional Allocation of Public Investment

Ramon Caminal

4: Reflections on Gains and Losses: A 2x2x7 Experiment

Joaquim Silvestre and Antoni Bosch-Domènech

3: Olson vs. Coase: Coalitional Worth in Conflict

József Sákovics and Joan Esteban