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Fiscal policy asymmetries and the sustainability of government debt in the Euro Area
(2020)
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, ...
The sensitivity of estimated DSGE models to alternative data vintages
(2020)
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 ...
Health in cities: neighborhood effects and scioeconomic determinants in the Spanish case
(2020)
The impact of place on individual outcomes, like health, presents many causal challenges that have disputed treatments in the literature. A 2011 study by Bilger Carrieri addresses them via instrumentation, to surprising ...
The effect of a newborn on the household labour supply
(2020)
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 ...
The impact of COVID-19 confinement in the Euro Area: a Bayesian DSGE approach
(2020)
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, ...
Earnings-based vs assets-based borrowing constraints and their impact on output
(2020)
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 ...
Social class segregation in upper-secondary school choice in Canada
(2020)
The aim of this work is to analyze how the spoken language at home influences the parental decision on school choice in Canada. There is a vast literature on the factors affecting school choice, but very little research ...
The effect of a newborn on Spanish households' expenditure
(2020)
This article aims to carry out an analysis of the effects of a newborn on Spanish households expenditure in 2014 and 2015. A standard difference-in-differences (DID) estimator would then compare the change in expenditure ...
Territorial distribution of immigrants in Europe
(2020)
Uneven distribution of immigrant population has diverse consequences in countries and societies. We call immigrants those that have a nationality different to the reporting country. Some European regions have an important ...
Determinants for cultural and sports attendance and practice in the U.S.A.
(2020)
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 ...