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Economics Working Papers

From Department of Economics and Business, Universitat Pompeu Fabra
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1688: Understanding the size of the government spending multiplier: It’s in the sign Downloads
Régis Barnichon, Davide Debortoli and Christian Matthes
1687: Optimal fiscal policy without commitment: Revisiting Lucas-Stokey Downloads
Davide Debortoli, Ricardo Nunes and Pierre Yared
1686: Monetary policy with heterogeneous agents: Insights from TANK models Downloads
Davide Debortoli and Jordi Galí
1685: Technological change and the decline of public investment Downloads
Davide Debortoli and Pedro Gomes
1684: Banking supervision, monetary policy and risk-taking: Big data evidence from 15 credit registers Downloads
Carlo Altavilla, Miguel Boucinha, Jose-Luis Peydro and Frank Smets
1683: The impact of experience on how we perceive the rule of law Downloads
Benito Arruñada
1682: Take It to the limit? The effects of household leverage caps Downloads
Sjoerd Van Bekkum, Marc Gabarro, Rustom M. Irani and Jose-Luis Peydro
1681: The simple economics of white elephants Downloads
Juan José Ganuza and Gerard Llobet
1680: Global liquidity and impairment of local monetary policy Downloads
Salih Fendoglu, Eda Gulsen and Jose-Luis Peydro
1679: Nonbanks, banks, and monetary policy: U.S. loan-level evidence since the 1990s Downloads
David Elliott, Ralf R. Meisenzahl, Jose-Luis Peydro and B.C. Turner
1678: Negative monetary policy rates and systemic banks’ risk-taking: Evidence from the Euro area securities register Downloads
Johannes Bubeck, Angela Maddaloni and Jose-Luis Peydro
1677: A Theory of monetary union and financial integration Downloads
Luca Fornaro
1676: Implementation via transfers with identical but unknown distributions Downloads
Mariann Ollár and Antonio Penta
1675: Media attention and strategic timing in politics: Evidence from U.S. presidential executive orders Downloads
Milena Djourelova and Ruben Durante
1674: Underpromise and overdeliver? – Online product reviews and firm pricing Downloads
Simon Martin and Sandro Shelegia
1673: Dual decision processes: retrieving preferences when some choices are automatic Downloads
Francesco Cerigioni
1672: Higher orders of rationality and the structure of games Downloads
Francesco Cerigioni, Fabrizio Germano, Pedro Rey-Biel and Peio Zuazo-Garin
1671: Random models for the joint treatment of risk and time preferences Downloads
Jose Apesteguia, Miguel Ángel Ballester and Angelo Gutierrez-Daza
1670: Aggregate dynamics in lumpy economies Downloads
Isaac Baley and Andrés Blanco
1669: The identification problem for linear rational expectations models Downloads
Majid Al-Sadoon and Piotr Zwiernik
1668: Investment demand and structural change Downloads
Manuel Garcia-Santana, Josep Pijoan-Mas and Lucciano Villacorta
1667: How effective are monetary incentives to vote? Evidence from a nationwide policy Downloads
Gonzales Mariella, Gianmarco León-Ciliotta and Luis Martinez
1666: Accountability, political capture and selection into politics: evidence from Peruvian municipalities
Miriam Artiles, Lukas Kleine-Rueschkamp and Gianmarco León-Ciliotta
1665: A theory of economic unions Downloads
Gino Gancia, Giacomo Ponzetto and Jaume Ventura
1664: Sharing a government Downloads
Jaume Ventura
1663: When theory meets practice: can we implement the optimal fiscal federal structure? Downloads
Teresa Garcia-Mila and Therese J. McGuire
1662: Rationalizability, observability and common knowledge
Antonio Penta and Peio Zuazo-Garin
1661: Who Is afraid of machines? Downloads
Satiris Blanas, Gino Gancia and Sang Yoon (Tim) Lee
1660: Education and gender differences in mortality rates Downloads
Cristina Bellés-Obrero, Sergi Jimenez-Martin and Judit Vall Castello
1659: Identifying modern macro equations with old shocks Downloads
Régis Barnichon and Geert Mesters
1658: Funding academic research: grant application, partnership, award, and output Downloads
Albert Banal-Estañol, Ines Macho-Stadler and David Pérez-Castillo
1657: Marketing agencies and collusive bidding in online ad auctions Downloads
Francesco Decarolis, Maris Goldmanis and Antonio Penta
1656: The international bank lending channel of monetary policy rates and QE: Credit supply, reach-for-yield, and real effects Downloads
Bernardo Morais, Jose-Luis Peydro, Jessica Roldán-Peña and Claudia Ruiz-Ortega
1655: Monetary policy and bank profitability in a low interest rate environment Downloads
Carlo Altavilla, Miguel Boucinha and Jose-Luis Peydro
1654: Securities trading by banks and credit supply: Micro-evidence from the crisis Downloads
Puriya Abbassi, Rajkamal Iyer, Jose-Luis Peydro and Francesc Rodríguez Tous
1653: The real effects of the bank lending channel Downloads
Gabriel Jimenez, Atif Mian, Jose-Luis Peydro and Jesús Saurina
1652: The rise of shadow banking: evidence from capital regulation Downloads
Rustom M. Irani, Rajkamal Iyer, Ralf R. Meisenzahl and Jose-Luis Peydro
1651: From finance to fascism Downloads
Sebastian Doerr, Stefan Gissler, Jose-Luis Peydro and Hans-Joachim Voth
1650: Macroprudential and monetary policy: Loan-level evidence from reserve requirements Downloads
Cecilia Dassatti Camors, Jose-Luis Peydro, Francesc Rodriguez-Tous and Sergio Vicente
1649: Expansionary yet different: credit supply and real effects of negative interest rate policy Downloads
Margherita Bottero, Camelia Minoiu, Jose-Luis Peydro, Andrea Polo, Andrea Presbitero and Enrico Sette
1648: Hedger of last resort: evidence from Brazilian FX interventions, local credit, and global financial cycles Downloads
Rodrigo Gonzalez, Dmitry Khametshin, Jose-Luis Peydro and Andrea Polo
1647: Monotone contracts Downloads
Daniel Bird and Alexander Frug
1646: Global unanimity agreement on the carbon budget Downloads
Humberto Llavador and John Roemer
1645: Transaction-tax evasion in the housing market Downloads
José Garcia Montalvo, Amedeo Piolatto and Josep M. Raya
1644: Gender and credit risk: a view from the loan officer's desk Downloads
José Garcia Montalvo and Marta Reynal-Querol
1643: The good, the bad and the complex: Product design with imperfect information Downloads
Vladimir Asriyan, Dana Foarta and Victoria Vanasco
1642: VAR-based Granger-causality test in the presence of instabilities Downloads
Yiru Wang and Barbara Rossi
1641: Identifying and estimating the effects of unconventional monetary policy in the data: How to do It and what have we learned? Downloads
Barbara Rossi
1640: Confidence intervals for bias and size distortion in IV and local projections–IV models Downloads
Gergely Ganics, Atsushi Inoue and Barbara Rossi
1639: The effects of conventional and unconventional monetary policy on exchange rates Downloads
Atsushi Inoue and Barbara Rossi
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