Browsing Biltoki by Title
Now showing items 10-29 of 105
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Absorbing Sets in Coalitional Systems
(2001-12)The purpose of this paper is twofold: First, to present an approach and a solution for analyzing the stability of coalition structures: We define a coalitional system (a set and a binary relation on that set) that explains ... -
Adam Smith on Capital and Income
(2002-02)In this paper I critically analyze Smith's thesis in book I, chapter 6 of the "Wealth of Nations" that the replacement of the capital goods consumed in production becomes fully income. I argue that Smith’s argument is ... -
Analysis of Length of Time Spent in Chapter 11 Bankruptcy
(2001-01)This paper investigates original issuers of high yield bonds in Chapter 11 bankruptcy to determine which factors affect the length of time spent in Chapter 11. In order to do this analysis we propose a flexible new duration ... -
Analysis of the relationship between International Immigration and Unemployement
(2000-10)[EN] The relationship between the unemployment and the international immigration is getting interest while the differences between poor and rich countries are stressed. The poor countries offer cheap work force to occupy ... -
Analysis of volatility transmissions in integrated and interconnected markets: The case of the Iberian and French markets
(2012)This paper models the mean and volatility spillovers of prices within the integrated Iberian and the interconnected Spanish and French electricity markets. Using the constant (CCC) and dynamic conditional correlation (DCC) ... -
Análisis descriptivo de la población ocupada en la CAPV (1993-1999)
(2003)El presente trabajo realiza el análisis descriptivo de la población ocupada en la economía de la CAPV, en el período 1993-1999. Dicho análisis se lleva a cabo con el objeto de comparar la población ocupada con estudios ... -
Análisis descriptivo del desempleo en la CAPV (1993-1999)
(2003)El presente trabajo realiza el análisis descriptivo de la población parada y, posteriormente la que está buscando empleo en la CAPV, en el período 1993-1999. El interés se centra en observar si estamos ante un paro de larga ... -
Application of the Analysis Cluster in the economic environment. A study of the neighborhoods of Donostia
(2000-10)[EN] We try to study the quality of life in Donostia, in the sense that we want to study the relationship that can exist among those inhabitants of the housings and the structure of the same ones. We will attempt to look ... -
Bayesian learning in mis-specified models
(2000-02)A central unanswered question in economic theory is that of price formation in disequilibrium. This paper lays down the methodological groundwork for a model that has been suggested as an answer to this question (Arrow, ... -
Benchmarking of patents: An application of GAM methodology
(2007-04)The present article reexamines some of the issues regarding the benchmarking of patents using the NBER data base on U.S. patents by generalizing a parametric citation model and by estimating it using GAM methodology. The ... -
Choice experiment study on the willingness to pay to improve
(2009-06)Modern forms of energy are an important vehicle towards poverty alleviation in rural areas of developing countries. Most developing countries’ households heavily rely on wood fuel which impact their health and social–economic ... -
Choice of Product Variety for the Durable Goods Monopolist
(1999-01)This paper analyzes the strategic choice of variety by a monopolist seller of a durable good as a means to mitigate his commitment problem. The monopolist chooses his product variety with a goal of ensuring that a strong ... -
Commitment Power in a Non-Stationary Durable-Good Market
(2001-05)This paper derives and evaluates the decisions of a durable good monopolist in a context where demand for the services of the durable good changes over time. It shows that, if the size of the market decreases over time, ... -
Comparative Study of Alternatives Analysis of Incomplete Disjunctive Tables
(2000-05)[EN] Multiple Correspondence Analysis (MCA) studies the relationship between several categorical variables defined with respect to a certain population. However, one of the main sources of information are those surveys in ... -
Comparing the performance of different approaches to deal with attribute non-attendance in discrete choice experiments: a simulation experiment
(2010)There is a growing body of literature acknowledging that respondents to DCE often use simplifying strategies, like ignoring one or several attributes to provide with their choices. Two main approaches have appeared to ... -
Competition, regulation, and pricing behavior in the Spanish retail gasoline market
(2006)The restructuring of the Spanish oil industry produced a highly concentrated oligopoly in the retail gasoline market. In June 1990 the Spanish government introduced a system of ceiling price regulation in order to ensure ... -
Conditional beta pricing models: A nonparametric approach
(2010)We propose a two-stage procedure to estimate conditional beta pricing models that allow for flexibility in the dynamics of assets' covariances with risk factors and market prices of risk (MPR). First, conditional covariances ... -
Consumption-Leisure Trade-offs and Persistency in Business Cycles
(2007)This paper studies whether nonseparabilities between consumption and leisure may help to explain the observed persistence in GNP growth. We consider an extended version of Lucas' (1988) human capital investment model that ... -
Dornbusch and Fischer on Capital and Income
(2002-05)In this paper I critically analyze the relationship that professors Dornbusch and Fischer establish among the concepts of GNP, NNP and aggregate income. In principle, aggregate income is NNP; indeed, the whole point of ... -
Doubly fractional models for dynamic heteroskedastic cycles
(2011-02)Strong persistence is a common phenomenon that has been documented not only in the levels but also in the volatility of many time series. The class of doubly fractional models is extended to include the possibility of long ...