UB Economics Working Papers

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2016/339: Are All Booms and Busts Created Equal? A New Methodology for Understanding Bull and Bear Stock Markets

German Forero-Laverde

2016/338: Gender differences and stereotypes in strategic thinking

Maria Cubel and Santiago Sánchez-Pagés

2016/337: When is an oligarchy formed? The origins and evolution of an elite. Barcelona 1850-1920

Jose Miguel Sanjuan Marroquin

2016/336: Entrepreneurial skills and wage employment

Aleksander Kucel and Montserrat Vilalta-Bufi

2016/335: On the Industry Specificity of Human Capital and Business Cycles

Vahagn Jerbashian, Sergey Slobodyan and Evangelia Vourvachaki

2015/334: Height and Industrialisation in a City in Catalonia during the Nineteenth Century

Ramon Ramon-Muñoz and Josep-Maria Ramon-Muñoz

2015/333: Insights into the nucleolus of the assignment game

Javier Martínez-de-Albéniz, Carles Rafels and Neus Ybern

2015/332: The Welfare State and the demographic dividend: A cross-country comparison

Gemma Abio, Concepció Patxot, Miguel Sánchez-Romero and Guadalupe Souto Nieves

2015/331: European Energy Market Integration: Efficiency Improvements in Electricity Producing Firms

Ferran Armada Ramírez

2015/330: The reform of the European Energy Tax Directive: does data disaggregation matter? The Italian case Abstract: In 2011, the European Commission (EC) proposed a new version of the Energy Taxation Directive (ETD), a tax affecting the price of energy products. The main aim was to increase the effectiveness of the instrument through stronger fiscal pressure and to coordinate the environmental taxation with the Emissions Trade System (ETS) introduced in 2005. However, in May 2012 the European Parliament did not approve the reform. Italy, already characterized by high energy taxation rates, has recently expressed a commitment to increase the use of environmental taxation by explicitly referring to the amendments proposed by the EC in 2011. This study analyzes the effect of the 2011 ETD reform on prices in Italy, if it were implemented. The main finding is that the new tax regime would have a low impact on prices. This result implies that the reform would not significantly orient consumption and production towards more environmentally-friendly patterns

Paola Rocchi and Mònica Serrano

2015/329: Generalized rationing problems and solutions

Pere Timoner Lledó and Josep Maria Izquierdo Aznar

2015/328: Power Indices and Minimal Winning Coalitions in Simple Games with Externalities Abstract: We propose a generalization of simple games to situations with coalitional externalities. The main novelty of our generalization is a monotonicity property that we define for games in partition function form. This property allows us to properly speak about minimal winning embedded coalitions. We propose and characterize two power indices based on these kind of coalitions. We provide methods based on the multilinear extension of the game to compute the indices. Finally, the new indices are used to study the distribution of power in the current Parliament of Andalusia

José María Alonso-Meijide, Mikel Álvarez-Mozos and María Gloria Fiestras-Janeiro

2015/327: Carbon-motivated border tax adjustment: a proposal for the EU

Paola Rocchi, Iñaki Arto, Jordi Roca and Mònica Serrano

2015/326: Intrinsically Motivated Agents in Teams

Ester Manna

2015/325: Labor mobility, structural change and economic growth

Jaime Alonso-Carrera and Xavier Raurich

2015/324: Structural Change and Non-Constant Biased Technical Change

Edgar Cruz

2015/323: Regional income distribution in Mexico: new long-term evidence, 1895-2010

José Aguilar-Retureta

2015/322: A revision of the revaluation index of Spanish pensions

Oriol Roch, Manuela Bosch- Príncep, Isabel Morillo and Daniel Vilalta

2015/321: Efficient multilateralism or bilateralism? The TTIP from an EU Trade Policy perspective

Patricia Garcia-Duran and Montserrat Millet

2015/320: Combine to compete: improving fiscal forecast accuracy over time

Laura Carabotta and Peter Claeys

2014/319: Sticky income inequality in the Spanish transition (1973-1990)

Sara Torregrosa-Hetland

2014/317: Emergence and development of a financial cluster: the evolution of Andorra’s banking deposits in the long-term, 1931-2007

Marc Galabert Macià

2014/316: One-seller assignment markets with multiunit demands

Francisco Robles and Marina Núñez

2014/315: The determinants of CAP reform: learning from the European financial crisis and CAP 2013

Patricia Garcia-Duran and Montserrat Millet

2014/314: Incumbency (dis)advantage when citizens can propose Abstract:This paper analyses the problem that an incumbent faces during the legislature when deciding how to react to citizen proposals such as the outcome of referenda or popular initiatives. We argue that these proposals constitute a potential source of electoral disadvantage when citizens factor in their evaluation of the incumbent his reaction to these proposals. This is because an incumbent politician may jeopardize his re-election by implementing policies close to his preferred ones but unpopular among the electorate. We characterize conditions under which this potential disadvantage becomes in fact an electoral advantage for the incumbent. We fi nd that the choices of the incumbent during the legislature will be closest to citizens policy proposals when the intensity of electoral competition is neither too soft nor too tough. Finally, we use our results to discuss some implications of the use of mechanisms such as referenda and popular assemblies on electoral competition and on the incumbency advantage phenomenon

Enriqueta Aragones and Santiago Sánchez-Pagés

2014/313: The Impact of Doing Business Regulations on Investments in ICT

Vahagn Jerbashian and Anna Kochanova

2014/312: Economics breeds culture

Patricio Garcia-Minguez and Ausias Ribo Argemi

2014/311: Rationing problems with payoff thresholds

Pere Timoner and Josep Maria Izquierdo

2014/310: Some optimization and decision problems in proportional reinsurance

Anna Castañer, M.Mercè Claramunt and Maite Mármol

2014/309: Growth, unemployment and wage inertia

Xavier Raurich and Valeri Sorolla

2014/308: Aggregate Costs of Gender Gaps in the Labor Market: A Quantitative Estimate

Marc Teignier and David Cuberes

2014/307: R&D poverty traps

Abián García-Rodríguez and Fernando Sánchez-Losada

2014/306: Endogenous growth with capital in R&D production functions

Fernando Sánchez-Losada

2014/305: Wages and prices in early Catalan industrialisation

Julio Martinez-Galarraga and Marc Prat

2014/304: Knowledge Licensing in a Model of R&D-driven Endogenous Growth

Vahagn Jerbashian

2014/303: Demand-based structural change and balanced economic growth

Jaime Alonso-Carrera and Xavier Raurich

2014/302: The Banzhaf Value in the Presence of Externalities

Mikel Álvarez-Mozos and Oriol Tejada Pinyol

2013/301: Cooperative games with size-truncated

Javier Martínez-de-Albéniz