Working Papers

From Barcelona School of Economics
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1089: Hedger of Last Resort: Evidence from Brazilian FX Interventions, Local Credit, and Global Financial Cycles

Dmitry Khametshin, Andrea Polo and Jose-Luis Peydro

1088: Marketing Agencies and Collusive Bidding in Online Ad Auctions

Maris Goldmanis, Francesco Decarolis and Antonio Penta

1087: On Strategy-Proofness and Semilattice Single-Peakedness

Agustín Bonifacio and Jordi Masso

1086: Easy Come, Easy Go? Economic Shocks, Labor Migration and the Family Left Behind

Andre Groeger

1085: Monotone Contracts

Daniel Bird and Alexander Frug

1084: Global Unanimity Agreement on the Carbon Budget

John Roemer and Humberto Llavador

1083: VAR-Based Granger-Causality Test in the Presence of Instabilities

Yiru Wang and Barbara Rossi

1082: A New Approach to Measuring Economic Policy Shocks, with an Application to Conventional and Unconventional Monetary Policy

Atsushi Inoue and Barbara Rossi

1081: Identifying and Estimating the Effects of Unconventional Monetary Policy in the Data: How to Do It and What Have We Learned?

Barbara Rossi

1080: Transaction-tax Evasion in the Housing Market

Josep M. Raya, Amedeo Piolatto and José García-Montalvo

1079: The Good, The Bad and The Complex: Product Design with Imperfect Information

Dana Foarta, Victoria Vanasco and Vladimir Asriyan

1078: The Effects of Conventional and Unconventional Monetary Policy on Exchange Rates

Atsushi Inoue and Barbara Rossi

1077: Confidence Intervals for Bias and Size Distortion in IV and Local Projections–IV Models

Gergely Ganics, Atsushi Inoue and Barbara Rossi

1076: Gender and Credit Risk: A View From the Loan Officer's Desk

Marta Reynal-Querol and José García-Montalvo

1075: Fiscal Austerity and Greek Migration: A Missing Link

Eugenia Vella and Jordi Caballe

1074: Concentration in International Markets: Evidence from US Imports

Rosario Crino, Gino Gancia and Alessandra Bonfiglioli

1073: The Few-Get-Richer: A Surprising Consequence of Popularity-Based Rankings

Vicenç Gómez, Gaël Le Mens and Fabrizio Germano

1072: Foreign Influence and Domestic Policy: A Survey

Toke Aidt, Facundo Albornoz and Esther Hauk

1071: Inequality, Bipolarization, and Tax Progressivity

Oriol Carbonell-Nicolau and Humberto Llavador

1070: The Phillips Multiplier

Geert Mesters and Régis Barnichon

1069: Simple Methods for Consistent Estimation of Dynamic Panel Data Sample Selection Models

Sergi Jimenez-Martin and Majid Al-Sadoon

1068: Mothers' Care: Reversing Early Childhood Health Shocks through Parental Investments

Judit Vall-Castello, Cristina Bellés-Obrero, Antonio Cabrales and Sergi Jimenez-Martin

1067: Cyclical Fluctuations, Financial Shocks, and the Entry of Fast-Growing Entrepreneurial Startups

Christoph Albert and Andrea Caggese

1066: Gains from Wage Flexibility and the Zero Lower Bound

Roberto Billi and Jordi Galí

1065: Bayesian Forecasting of Electoral Outcomes with new Parties' Competition

Timothée Stumpf-Fétizon, Omiros Papaspiliopoulos and José García-Montalvo

1064: Collateral Booms and Information Depletion

Luc Laeven, Alberto Martin and Vladimir Asriyan

1063: Neither Left-Behind nor Superstar: Ordinary Winners of Digitalization at the Ballot Box

Thomas Kurer, Aina Gallego and Nikolas Schöll

1062: Cost-Benefit Analysis in Reasoning

Antonio Penta and Larbi Alaoui

1061: Gender Norms and Intimate Partner Violence

Núria Rodriguez-Planas and Libertad Gonzalez

1060: Religion, Division of Labor and Conflict: Anti-Semitism in Germany over 600 Years

Sascha Becker and Luigi Pascali

1059: eSports: Profile of Participants, Complementarity with Sports and its Perception as Sport. Evidence From Sports Video Games

Jaume Garcia-Villar

1058: Firing the Wrong Workers: Financing Constraints and Labor Misallocation

Daniel Metzger, Vicente Cuñat and Andrea Caggese

1057: The Political Economy of Transportation Investment

Edward L. Glaeser and Giacomo Ponzetto

1056: Capital Misallocation and Secular Stagnation

Ander Pérez Orive and Andrea Caggese

1055: Fairness and Efficiency for Probabilistic Allocations with Endowments

Jun Zhang, Federico Echenique and Antonio Miralles

1054: Executive Constraints as Robust Control

Timothy Besley and Hannes Mueller

1053: Linguistic Skills and the Intergenerational Transmission of Language

Lorenzo Cappellari, Antonio Di Paolo and Ramon Caminal

1052: Recovering the Principle of Minimum Differentiation. An Iceberg Approach

José M. Usategui and Xavier Martinez-Giralt

1051: Can Economic Pressure Overcome Social Norms? The Case of Female Labor Force Participation

Louis-Philippe Morin and Ana Rute Cardoso

1050: Changes in Inequality in Mortality: New Evidence for Spain

Ana Rodríguez-González and Libertad Gonzalez

1049: Regime Change in Large Information Networks

Pau Milán and Joan de Martí Beltran

1048: Copy Trading

Jörg Oechssler, Simon Weidenholzer and Jose Apesteguia

1046: Truth Be Told An Experimental Study of Communication and Centralization

David Cooper and Jordi Brandts

1045: The Dynamic Provision of Product Diversity under Duopoly

Ramon Caminal

1044: The Financial Transmission of Housing Booms: Evidence from Spain

Tom Schmitz, Enrique Moral-Benito and Alberto Martin

1043: Evolving Practice in Land Demarcation

Benito Arruñada

1042: Common Ownership and Market Entry: Evidence from the Pharmaceutical Industry

Melissa Newham, Jo Seldeslachts and Albert Banal-Estanol

1041: Accountability, Political Capture and Selection into Politics: Evidence from Peruvian Municipalities

Miriam Artiles, Lukas Kleine-Rueschkamp and Gianmarco León-Ciliotta

1040: Fiscal Multipliers and Foreign Holdings of Public Debt

Daragh Clancy, Aitor Erce, Alberto Martin and Fernando Broner

1039: The Paradox of Global Thrift (Plus Appendix)

Federica Romei and Luca Fornaro