Browsing Master in Economics: Empirical Applications and Policies by Title
Now showing items 1-20 of 53
-
A discriminatory auction for the day-ahead electricity market: its effect on windfall profits
(2022-07-29)The main goal of the present Master Thesis is to analyze the Spanish elec- tricity day-ahead market from the design perspective, which like most European countries follows a uniform auction. Indeed, the price is set by the ... -
An Analysis of the Tourism Demand in the Dominican Republic From 2001 to 2021
(2022)In this study, we estimate the tourism demand elasticities model by income and prices in the Dominican Republic from the top ten leading countries in tourism, from the first quarter of 2001 to the last quarter of 2021. The ... -
An estimation of Armington elasticities at the EU-28 level
(2019)The Armington substitution elasticity is a key parameter for trade-policy analysis. The purpose of this study then is no other than to re-estimate NEST 11 Armington elasticities making use of the upgraded versions of WIOD ... -
Analysing energy poverty in Spain
(2019)In this thesis we study energy poverty in Spain both at the level of concept and reality, using the Spanish family budgets survey for the year 2010. First we introduce the phenomenon of energy poverty analysing lightly its ... -
Analyzing the beginning of the career path of young professionals from a gender perspective
(2020)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 ... -
Asset pricing: analysis of multi-factor models using Fama and French factors
(2021)The present paper considers the five factors proposed by Fama and French (1992, 2015), plus the factor proposed by Carhartt (1997): market premium, size, book-to-market ratio, profitabil- ity, investment, and momentum. The ... -
Common p-belief in rationality in centipede games
(2020)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 ... -
Detecting collusion: An application of the synthetic control method
(2022)The Spanish antitrust authorities charged car makers with information sharing and collusion in the Spanish market in the period 2006 - 2013. Using data on car prices for models sold in a set of European countries, in the ... -
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 ... -
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 ... -
Electricity Price Forecasting using Sale and Purchase Curves: The X-Model Evidence for Spain
(2022)In this Master Thesis, we implement in the Spanish electricity market the X-Model proposed by Ziel and Steinert (2016), combining the insights of market structure models with econometric techniques. Instead of directly ... -
Employment and the risk of domestic violence
(2022)In this master’s thesis we study the effect on the risk of intimate partner violence (IPV) for women of the emplyoment status of herself, her partner and income to- gether with a set of exogenous sociodemographic factors. ... -
Estimation of costs and benefits of debris mitigation
(2021)Space debris is an ever escalating problem that is increasing the orbital scarcity and threatening its sustainability. In this document, we present a model for the market of satellite services where firms’ activity imposes ... -
Estimation of the price elasticity of the Spanish households’ electricity demand
(2022)In the past few months the electricity price has considerably increased in Spain due to major international crises which lead to instability in the market. To understand better how Spanish households change their consumption ... -
Evolvement of a household’s income after retirement: A microeconomic study into French and Spanish households
(2023)Replacement rates are an effective way to analyze how income evolves following the retirement of an individual as the ratio of pre- and post-retirement income. Individuals generally live in a multi-person household, which ... -
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, ... -
Gender gap in the energy sector. Evidence from Spain
(2021)The energy transition is at the heart of the current energy debate and its social dimension is becoming more relevant in the latest policy developments. This Master Thesis aims to develop the research on one of the ... -
Geometry of Diffusion: structure of connectivity and systemic risk in financial networks.
(2021)Ever since the 2008 global financial crises, both scholars and practitioners have argued that the interconnectivity of financial and banking networks is a key determinant of global systemic risk. Employing a simple diffusion ... -
Green jobs in the Spanish renewable energy sectors: an input-output approach
(2020)After the Paris agreement, the transition to a low carbon economy is at the heart of the debate of the European energy and climate policy. One of the central targets of this transformation proposes changes in the energy ... -
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 ...