Browsing Biltoki by Title
Now showing items 28-47 of 105
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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 ... -
Economic Growth and Electricity Consumption in 12 European Countries: A Causality Analysis Using Panel Data
(2008)We apply recent panel methodology to investigate the relationship between electricity consumption and real GDP for a set of 12 European Union countries using annual data for the period 1970-2004. Recently developed tests ... -
Economic Integration and Privatization of Publicly-owned Firms
(2001-12)[EN] We analyse in this paper whether it should be the government of each country that decides whether to privatise a publicly-owned firm (non integration) or whether a supra-national authority should decide whether ... -
La Educación Ocupacional y la Salida del Paro en España
(1999-10)[EN] This paper considers the estimation of the effect of vocational education on the probability of employment using Spanish data from the linked Active Population Survey (EPA) since 1992 to 1997. After allowing for ... -
Electricity consumption and economic growth: evidence from Spain
(2007-01)The paper investigates both linear and nonlinear causality between electricity consumption and economic growth in Spain for the period 1971-2005. We use the methodology of Toda and Yamamoto (1995) and Dolado and Lütkepohl ... -
Entrada endógena ineficiente
(2002-07)[EN] Stewart (1994) presents a model of endogenous entry. In his article Stewart proposes the following topic for future research: "An important feature of the model is that entry would be inefficient from the producers' ... -
Environmental Policy in Unionized Industries
(2001-10)[EN] This paper focuses on the effects of environmental policy over the perfomance of firms and workers, when there is local pollution. We assume that the government chooses the environmental policy announcing an upper ... -
Environmental Standards, Wage Incomes and the Location of Polluting Firms
(2000-03)The purpose of this paper is to study how the choice of environmental standards by governments is affected by the existence of wage incomes when firms' location is endogenous. In developed countries labor is unionized, ... -
¿Es necesaria una política redistributiva del ingreso en Chile? Evidencia Empírica desde el principio de igualdad de oportunidades
(2004)[ES] Este trabajo evalúa la política tributaria vigente en Chile desde la perspectiva del criterio de Igualdad de Oportunidades. Bajo este criterio es deseable actuar para compensar a las personas por las circunstancias ... -
Estacionalidad determinista y estocástica en series temporales macroeconómicas
(2004-12)Basándose en la literatura existente, en este trabajo se propone una metodología para el estudio gráfico y analítico del componente estacional en una serie temporal. El objetivo del análisis es determinar si el componente ... -
factor analysis of a set of contingency tables
(2000-09)[EN] The aim of this paper is to develope a factor method for the simultaneous analysis of several contingency tables. As in multiple correspondence analysis, the method studies similarity among rows, among columns and ... -
Factores de riesgo y supervivencia libre de tumor en pacientes con trasplante renal de cadáver
(2003)[Background] There is an agreement in the fact that cancer incidence in transplant recipients increases at a rate disproportionately greater than in the general population. Several clinical studies have identified cancer ... -
Finite sample behavior of two step estimators in selection models
(1999-04)The problem of specification errors in sample selection models has received considerable attention both theoretically and empirically. However, very few is known about the finite sample behavior of two step estimators. In ... -
Fishing Technology and Optimal Distribution of Harvest Rates
(1999-06)In this paper we analyze the optimal management of a joint ownership fishery exploitation model where agents use different fishing gears. As opposed to other works, we consider a model in which the fishing technology affects ... -
Fractional Integration Analysis and its Implications on Profitability: the Case of the Mackerel Market in the Basque Country
(2010)This paper analyses weekly prices for mackerel landed by the inshore fleet at the ports of the Basque Country in 1995-2008, using new econometric techniques never before applied to the fishing market. The idea is to learn ... -
Frequency Domain Local Bootstrap in long memory time series
(2020-10)Bootstrap techniques in the frequency domain have been proved to be effective instruments to approximate the distribution of many statistics of weakly dependent (short memory) series. However their validity with long ... -
Gaussian Semiparametric Estimation in Long Memory in Stochastic Volatility and Signal Plus Noise Models
(2002-04)This paper considers the persistence found in the volatility of many financial time series by means of a local Long Memory in Stochastic Volatility model and analyzes the performance of the Gaussian semiparametric or local ... -
Generating cluster submodels from a multistage stochastic mixed integer optimization model using break stage
(2013-07)We present a scheme to generate clusters submodels with stage ordering from a (symmetric or a nonsymmetric one) multistage stochastic mixed integer optimization model using break stage. We consider a stochastic model ... -
Generating cluster submodels from two-stage stochastic mixed integer optimization models
(2018-10-22)Stochastic optimization problems of practical applications lead, in general, to some large models. The size of those models is linked to the number of scenarios that defines the scenario tree. This number of scenarios can ...