Working Papers

From Barcelona School of Economics
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1090: Expansionary Yet Different: Credit Supply and Real Effects of Negative Interest Rate Policy

Margherita Bottero, Camelia Minoiu, Jose-Luis Peydro, Andrea Polo, Andrea Presbitero and Enrico Sette

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

Dmitry Khametshin, Jose-Luis Peydro and Andrea Polo

1088: Marketing Agencies and Collusive Bidding in Online Ad Auctions

Francesco Decarolis, Maris Goldmanis 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

Humberto Llavador and John Roemer

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

Barbara Rossi and Yiru Wang

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

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

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

Vladimir Asriyan, Dana Foarta and Victoria Vanasco

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

José García-Montalvo and Marta Reynal-Querol

1075: Fiscal Austerity and Greek Migration: A Missing Link

Jordi Caballe and Eugenia Vella

1074: Concentration in International Markets: Evidence from US Imports

Alessandra Bonfiglioli, Rosario Crino and Gino Gancia

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

Fabrizio Germano, Vicenç Gómez and Gaël Le Mens

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

Régis Barnichon and Geert Mesters

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

Majid Al-Sadoon and Sergi Jimenez-Martin

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

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

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

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

1064: Collateral Booms and Information Depletion

Vladimir Asriyan, Luc Laeven and Alberto Martin

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

Aina Gallego, Thomas Kurer and Nikolas Schöll

1062: Cost-Benefit Analysis in Reasoning

Larbi Alaoui and Antonio Penta

1061: Gender Norms and Intimate Partner Violence

Libertad Gonzalez and Núria Rodriguez-Planas

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

Andrea Caggese, Vicente Cuñat and Daniel Metzger

1057: The Political Economy of Transportation Investment

Edward L. Glaeser and Giacomo Ponzetto

1056: Capital Misallocation and Secular Stagnation

Andrea Caggese and Ander Pérez Orive

1055: Fairness and Efficiency for Probabilistic Allocations with Endowments

Federico Echenique, Antonio Miralles and Jun Zhang

1054: Executive Constraints as Robust Control

Timothy Besley and Hannes Mueller

1053: Linguistic Skills and the Intergenerational Transmission of Language

Ramon Caminal, Lorenzo Cappellari and Antonio Di Paolo

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

Xavier Martinez-Giralt and José M. Usategui

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

Ana Rute Cardoso and Louis-Philippe Morin

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

Libertad Gonzalez and Ana Rodríguez-González

1049: Regime Change in Large Information Networks

Joan de Martí Beltran and Pau Milán

1048: Copy Trading

Jose Apesteguia, Jörg Oechssler and Simon Weidenholzer

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

Jordi Brandts and David Cooper

1045: The Dynamic Provision of Product Diversity under Duopoly

Ramon Caminal

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

Alberto Martin, Enrique Moral-Benito and Tom Schmitz

1043: Evolving Practice in Land Demarcation

Benito Arruñada

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

Albert Banal-Estanol, Melissa Newham and Jo Seldeslachts

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

Fernando Broner, Daragh Clancy, Aitor Erce and Alberto Martin