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Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence
(Departamento de Fundamentos dle Análisis Económico I, 2013)
Previous research has shown a strong positive correlation between short-term
persistence and long-term output growth as well as between depreciation rates
and long-term output growth. This evidence, therefore, contradicts ...
Foreign Aid Linked to Infrastructure and/or Pollution Abatement
(Departamento de Fundamentos del Análisis Económico I, UPV/EHU, 2014-03)
This paper studies the macroeconomic effects of a permanent increase in foreign aid in a model that takes into account environmental quality. We develop a dynamic equilibrium model in which both public investment in ...
Experimental Economics Meets Language Choice
(Departamento de Fundamentos del Ánálisis Económico I, 2014-10-08)
Roughly one half of World's languages are in danger of extinction. The endangered languages, spoken by minorities, typically compete with powerful languages such as En-
glish or Spanish. Consequently, the speakers of ...