Working Papers

From Barcelona School of Economics
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1110: A Theory of Economic Unions

Jaume Ventura, Giacomo Ponzetto and Gino Gancia

1109: The Stability of Multi-Level Governments

Clara Ponsati and Enriqueta Aragonès

1108: All Sequential Allotment Rules Are Obviously Strategy-Proof

Alejandro Neme, R. Pablo Arribillaga and Jordi Masso

1107: Daunou's Voting Rule and the Lexicographic Assignment of Priorities

Kotaro Suzumura, Walter Bossert and Salvador Barberà

1106: Rationalizability, Observability and Common Knowledge

Peio Zuazo-Garin and Antonio Penta

1105: Who Is Afraid of Machines?

Sang Yoon (Tim) Lee, Sotiris Blanas and Gino Gancia

1104: How does Caste Affect Entrepreneurship? Birth vs Worth

Sampreet Singh Goraya

1103: Education and Gender Differences in Mortality Rates

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

1102: The International Bank Lending Channel of Monetary Policy Rates and QE: Credit Supply, Reach-for-Yield, and Real Effects

José-Luis Peydró [AP BACKUP – NOW External], Claudia Ruiz-Ortega, Jessica Roldán-Peña, Bernardo Morais and José-Luis Peydró

1101: Monetary Policy and Bank Profitability in a Low Interest Rate Environment

José-Luis Peydró [AP BACKUP – NOW External], Miguel Boucinha, Carlo Altavilla and José-Luis Peydró

1100: Estimating Cross-Industry Cross-Country Interaction Models Using Benchmark Industry Characteristics

Elias Papaioannou and Antonio Ciccone

1099: The Real Effects of the Bank Lending Channel

José-Luis Peydró [AP BACKUP – NOW External], Atif Mian, Gabriel Jimenez, Jesús Saurina and José-Luis Peydró

1098: The Rise of Shadow Banking: Evidence from Capital Regulation

José-Luis Peydró [AP BACKUP – NOW External], Ralf R. Meisenzahl, Rustom M. Irani, Rajkamal Iyer and José-Luis Peydró

1097: Identifying Modern Macro Equations with Old Shocks

Geert Mesters and Régis Barnichon

1096: Dispelling Misconceptions about Economics

Isabel Busom, Cristina Lopez-Mayan, Judith Panadés and Jordi Brandts

1095: Arrow on domain conditions: a fruitful road to travel

Bernardo Moreno, Dolors Berga and Salvador Barberà

1094: Constrained-Optimal Tradewise-Stable Outcomes in the One-Sided Assignment Game: A Solution Concept Weaker than the Core

Marilda Sotomayor and David Perez-Castrillo

1093: Funding Academic Research: Grant Application, Partnership, Award, and Output

David Perez-Castrillo, Ines Macho-Stadler and Albert Banal-Estañol

1092: From Finance to Fascism

José-Luis Peydró [AP BACKUP – NOW External], Stefan Gissler, Sebastian Doerr, Hans-Joachim Voth and José-Luis Peydró

1091: Macroprudential and Monetary Policy: Loan-Level Evidence from Reserve Requirements

José-Luis Peydró [AP BACKUP – NOW External], Cecilia Dassatti Camors, Sergio Vicente, Francesc Rodríguez Tous and José-Luis Peydró

1090: Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy

José-Luis Peydró [AP BACKUP – NOW External], Margherita Bottero, Andrea Presbitero, Camelia Minoiu, Enrico Sette, Andrea Polo and José-Luis Peydró

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

José-Luis Peydró [AP BACKUP – NOW External], Dmitry Khametshin, Rodrigo Barbone Gonzales, Andrea Polo and José-Luis Peydró

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

Guillherme Bandeira, 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

Jose Labeaga, 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