Working Papers

From Barcelona School of Economics
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174: Stochastic Uncoupled Dynamics and Nash Equilibrium

Sergiu Hart and Andreu Mas-Colell

173: Incomplete Markets, Labor Supply and Capital Accumulation

Philippe Weil, Francesc Obiols-Homs and Albert Marcet

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

Juan Pablo Nicolini and Albert Marcet

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

Andrew Scott and Albert Marcet

170: Bargaining and idle public sector capacity in health care

Pedro Barros and Xavier Martínez-Giralt

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

Emili Grifell-Tatjé 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 Wettstein and David Pérez-Castrillo

166: A Theorem on Preference Aggregation

Salvador Barberà

165: Median Stable Matching for College Admission

Bettina Klaus and Flip Klijn

164: Circulation of Private Notes during a Currency Shortage

Xavier Cuadras Morató

163: Trade of Permits for Greenhouse Emissions

Roberto Burguet and Bilateral

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

David Cooper and Jordi Brandts

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

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

158: On Information and Competition in Private Value Auctions

Juan-José Ganuza

157: Optimal Response to a Demographic Shock

Juan Carlos Conesa and Carlos Garriga

156: Paths to Stability for Matching Markets with Couples

Bettina Klaus and Flip Klijn

155: Experimental Evidence on the Multibidding Mechanism

Róbert Veszteg and David Pérez-Castrillo

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

Jaime Alonso-Carrera, Xavier Raurich and Jordi Caballé

153: Bargained stable allocations in assignment markets

Marina Núñez and Carles Rafels

152: The private and fiscal returns to schooling and the effect of public policies on private incentives to invest in education: a general framework and some results for the EU

Angel de La Fuente and Juan F Jimeno

151: The Donor Problem

Klaus Abbink and Matthew Ellman

150: Specificity Revisited: The Role of Cross-Investments

Matthew Ellman

149: What Do the Papers Sell?

Matthew Ellman and Fabrizio Germano

148: Efficient and Stable Collective Choices under Crowding Preferences

Antonio Nicolò and Jordi Massó

147: Incomplete Information and Small Cores in Matching Markets

Lars Ehlers and Jordi Massó

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

David Cooper and Jordi Brandts

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

Pablo Guillén and Jordi Brandts

140: Optimal Design of Social Security Reforms

Juan Carlos Conesa and Carlos Garriga

139: Corporate Social Responsability and Managerial Entrenchment

Giacinta Cestone and Giovanni Cespa

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

Alberto Bayo-Moriones and Maia Güell

137: Gender Gaps in Unemployment Rates in OECD Countries

Ghazala Azmat, Alan Manning and Maia Güell

136: Aspirations, Habit Formation, and Bequest Motive

Jaime Alonso-Carrera, Xavier Raurich and Jordi Caballé

135: Strategic Delegation in Monetary Unions

Varadarajan Chari, Larry Jones and Ramon Marimon

134: The Effects of Structural Reforms on Productivity and Profitability Enhancing Reallocation: Evidence from Colombia

Marcela Eslava, John Haltiwanger, Adriana Kugler and Maurice Kugler

133: Doctors Without Borders? Re-licensing Requirements and Negative Selection in the Market for Physicians

Adriana Kugler and Robert Sauer

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

Adriana Kugler

131: On the Optimal Progressivity of the Income Tax Code

Dirk Krueger and Juan Carlos Conesa

130: Conflicts of Interest, Information Provision and Competition in Banking

Patrick Bolton, Xavier Freixas and Joel Shapiro

129: I want YOU! An experiment studying motivational effects when assigning distributive power

Jordi Brandts, Werner Güth and Andreas Stiehler

128: Locating Public Facilities by Majority: Stability, Consistency and Group Formation

Carmen Bevia and Salvador Barberà

127: Cost Uncertainty and Taxpayer Compliance

Jordi Caballe and Judith Panadés

126: Strike Outcomes and Wage Settlements in Spain

Sergi Jiménez-Martín

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

Jaime Alonso-Carrera, Xavier Raurich and Jordi Caballé