BackBrowsing DFAEII by Issue Date
Now showing items 61-80 of 149
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Do experimental subjects favor their friends?
Brañas Garza, Pablo; Durán, Miguel A.; Espinosa Alejos, María Paz
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-06)
Ideally we would like subjects of experiments to be perfect strangers so that the situation they face at the lab is not just part of a long run interaction. Unfortunately, it is not easy to reach those conditions and ... -
The role of personal involvement and responsibility in dictatorial allocations: A classroom experiment
Brañas Garza, Pablo; Durán, Miguel A.; Espinosa Alejos, María Paz (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-08)
This paper explores the motivations behind giving. Specifically, it focuses on personal involvement and responsibility to explain why decision makers give positive amounts in dictatorial decisons. The experiment is designed ... -
Growth in an oil abundant economy: The case of Venezuela
Agnani, Betty; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-09)
Venezuela's growth experience over the past fifty years is characterized by a high economic growth rate from 1950 to 1970 and a low economic growth rate in the last thirty years. Although Venezuela is an oil abundant ... -
The Impact of Gender Segregation on Male-Female Wage Differentials
Amuedo Dorantes, Catalina; De la Rica Goiricelaya, Sara (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-09)
This paper presents new evidence on the role of gender segregation and pay structure in explaining gender wage differentials of full-time salaried workers in Spain. Data from the 1995 and 2002 Wage Structure Surveys reveal ... -
Terrorism and the World Economy
Abadie, Alberto; Gardeazabal, Javier (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-10)
It has been argued that terrorism should not have a large effect on economic activity, because terrorist attacks destroy only a small fraction of the stock of capital of a country (see, e.g., Becker and Murphy, 2001). In ... -
A Supply Function Competition Model for the Spanish Wholesale Electricity Market
Ciarreta Antuñano, Aitor; Espinosa Alejos, María Paz (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-10)
We model the Spanish wholesale market as a multiplant linear supply function competition model. According to the theory, the larger generators should have supply curves for each plant which are to the left of the supply ... -
On the strategic equivalence of multiple-choice test scoring rules
Espinosa Alejos, María Paz; Gardeazabal, Javier (University of the Basque Country, Department of Foundations of Economic Analysis II, 2005-12)
A disadvantage of multiple-choice tests is that students have incentives to guess. To discourage guessing, it is common to use scoring rules that either penalize wrong answers or reward omissions. These scoring rules are ... -
The Importance of Stock Market Returns in Estimated Monetary Policy Rules: a Structural Approach
Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006)
This paper estimates a standard version of the New Keynesian Monetary (NKM) model augmented with financial variables in order to analyze the relative importance of stock market returns and term spread in the estimated U.S. ... -
Labor Market Assimilation of Recent Immigrants in Spain
Amuedo Dorantes, Catalina; De la Rica Goiricelaya, Sara (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-01)
This paper provides a preliminary analysis of the employment and occupational assimilation of recent immigrant waves to the Spanish labor market as their residencies lengthen. Using Spanish data from the 2001 Population ... -
Non-Stationary Demand in a Durable Goods Monopoly
Usategui Díaz de Otalora, José María (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-01)
In a context where demand for the services of a durable good changes over time, and this change may be uncertain, the paper shows that social welfare may be higher when the monopolist seller can commit to any future price ... -
Computing abuse related damages in the case of new entry: An illustration for the Directory Enquiry Services market
Martínez Granado, María Teresa; (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-07)
A number of European countries, among which the UK and Spain, have opened up their Directory Enquiry Services (DQs, or 118AB) market to competition. We analyse the Spanish case, where both local and foreign firms challenged ... -
Second-best tax policy in a growing economy with externalities
Cassou, Steven P.; Gorostiaga Alonso, Miren Arantzazu; Gutiérrez Huerta, María José; Hamilton, Stephen F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-10)
This paper investigates the exploitation of environmental resources in a growing economy within a second-best scal policy framework. Agents derive utility from two types of consumption goods one which relies on an ... -
Altruism with Social Roots: An Emerging Literature
Brañas Garza, Pablo; Espinosa Alejos, María Paz (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-11)
This paper analyzes the emerging literature on the determinants of giving within a social network. We propose two main explanatory variables for previous experimental results on the friendship effect. The first is social ... -
Altruism in the (Social) Network
Brañas Garza, Pablo; Cobo Reyes, Ramón; Espinosa Alejos, María Paz; Jiménez, Natalia; Ponti, Giovanni (University of the Basque Country, Department of Foundations of Economic Analysis II, 2006-11)
This paper explores the role of social integration on altruistic behavior. To this aim, we develop a two-stage experimental protocol based on the classic Dictator Game. In the first stage, we ask a group of 77 undergraduate ... -
Optimal fiscal policy in a multisector model with minimum expenditure requirements
; Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-03)
This paper investigates optimal fiscal policy in a static multisector model. A Ramsey type planner chooses tax rates on each good type as well as spending levels on each good type subject to an exogenous total expenditure ... -
Inequality for Wage Earners and Self-Employed: Evidence from Panel Data
Albarrán, Pedro; Carrasco, Raquel; Martínez Granado, María Teresa (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-03)
In this paper we study the evolution of income inequality for employees and self-employed workers. We highlight the importance of separately analyze these different sources of income to gain a broader understanding of ... -
Entry into motherhood: The effect of wages
Ariza, Alfredo; Ugidos Olazabal, Arantza (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-04)
Using the ECHP, we explored the determinants of having the first child in Spain. Our main goal was to study the relation between female wages and the decision to enter motherhood. Since the offered wage of non-working women ... -
R&D Policy in Economies with Endogenous Growth and Non-Renewable Resources
Agnani, Betty; Gutiérrez Huerta, María José; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-10)
The aim of this paper is to analyze how active R&D policies affect the growth rate of an economy with endogenous growth and non-renewable resources. We know from Scholz and Ziemens (1999) and Groth (2006) that in infinitely ... -
The Impact of Firm Level Contracting on Wage Levels and Inequality: Spain 1995-2002
De la Rica Goiricelaya, Sara; González de San Román Rosado, Ainara (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-11)
This paper provides microeconomic evidence on the variation over time of the firm-specific wage premium in Spain from 1995 to 2002, and its impact on wage inequality. We make use of two waves of a detailed linked ... -
Optimal Correction for Guessing in Multiple-Choice Tests
Espinosa Alejos, María Paz; Gardeazabal, Javier (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-12)
Building on Item Response Theory we introduce students’ optimal behavior in multiple-choice tests. Our simulations indicate that the optimal penalty is relatively high, because although correction for guessing discriminates ...