Cultural and sport events are two of the most common leisure activities nowadays. However, leisure time is limited and there may not be sufficient time to enjoy all activities desired. This research studies the effect of ...

This master’s thesis investigates the effect of a newborn on household members’ labour market status. With this goal in mind, we use data from the Spanish Household Budget Survey and causal inference methods to estimate ...

In this work, our goal is to answer if Spanish students are differently located among schools depending on their standard of living. In other words, we analyse the segregation by income in schools in Spain. To do so, we ...

Wealth inequality in Mexico has gained attention in recent years, with a public responding to economic realities that precipitate less security and a more narrow horizon of opportunity for its citizens. This paper examines ...

With the aim of providing a preliminary forecast of the economic repercussion of the recent confinement, we estimate a canonical medium-scale dynamic stochastic general equilibrium model (DSGE) for the Euro Area economy, ...

This paper empirically analyzes fiscal policy sustainability and the cyclicality in 19 Euro Area countries using data on government debt, primary deficit and the output gap. We investigate this over quarterly intervals, ...

This paper considers the estimation of a structural DSGE model with three alternative macroeconomic data vintages corresponding to the first-release (real-time data), the third-release data, and the highly revised data to ...

We present an overlapping generations model in order to assess the quantitative effects of financial frictions on output depending on the type of loan contract. Financial frictions are one of the major obstacles of the ...

Centipede Games represent a classic puzzle in game theory. In this work, we employ p-beliefs to show that almost any behavior is consistent with rationality and almost Common Belief in Rationality. However, Common p-Belief ...

Young graduates are confronted with rough conditions when they want to enter the labor market. They face higher unemployment rates and are more often engaged in precarious employment, like part-time and/ or temporary ...