BackBrowsing DFAEII by Title
Now showing items 86-105 of 149
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Personal identity. A theoretical and experimental analysis
Aguiar, Fernando; Brañas Garza, Pablo; Espinosa Alejos, María Paz
; Miller Moya, Luis Miguel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2009)
This paper aims to analize the role of personal identity in altruism. To this end, it starts by reviewing critically the growing literature on economics and identity. Considering the ambiguities that the concept of social ... -
Policy Coordination in an Oligopolistic Housing Market
Saracho de la Torre, Ana Isabel; Usategui Díaz de Otalora, José María (University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-03)
This paper analyzes the consequences of the interaction between two different levels of government (regulators) in the development of housing policy when their decisions determine the level of competition in the housing ... -
Population age structure and private consumption in Spain
Eguía Peña, María Begoña; Echevarría Olave, Cruz Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)
In this paper we study the effect of population age distribution upon private consumption expenditure in Spain from 1964 to 1997 using aggregate data. We obtain four main results. First, changes in the population pyramid ... -
Prices and the Real Exchange Rate in Hong Kong: 1985-2006
Echeverria Garaigorta, Paulina Elisa; Iza Padilla, María Amaya (University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-11)
This paper seeks to quantify to the extent to which price dynamics in Hong Kong are due to the Balassa-Samuelson hypothesis. From 1985 to 1998, the CPI in Hong Kong increased spectacularly, yet there was dramatic deflation ... -
Product Differentiation with Consumer Arbitrage
Aguirre Pérez, Iñaki; Espinosa Alejos, María Paz (2003-03)
We analyze the consequences of consumers behavior concerning personal arbitrage in a spatial discrimination context where firms know the consumers distribution but cannot distinguish them by location. The firms' equilibrium ... -
Prosocial norms and degree heterogeneity in social networks
Kovarik, Jaromir; 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, 2012)
We provide empirical evidence to support the claims that social diversity promotes prosocial behavior. We elicit a real-life social network and its members’ adherence to a social norm, namely inequity aversion. The data ... -
Pulse vs. Optimal Stationary Fishing: The Northern Stock of Hake
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2011-11)Pulse fishing may be a global optimal strategy in multicohort fisheries. In this article we compare the pulse fishing solutions obtained by using global numerical methods with the analytical stationary optimal solution. ... -
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 ... -
Reconciling yield stability with international fisheries agencies precautionary preferences: the role of non constant discount factors in age structured models
(2015)International fisheries agencies recommend exploitation paths that satisfy two features. First, for precautionary reasons exploitation paths should avoid high fishing mortality in those fisheries where the biomass is ... -
Reference Points and Optimal Management in Stochastic Age-Structured Fisheries Models
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2009-07)The purpose of this article is to characterize dynamic optimal harvesting trajectories that maximize discounted utility assuming an age-structured population model, in the same line as Tahvonen (2009). The main novelty of ... -
Reference Points Based on Dynamic Optimisation: A Versatil Algorithm for Mixed Fishery Management with Bio-economic Agestructured Models
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)Single-species management objectives may not be consistent within mixed fisheries. They may lead species to unsafe situations, promote discarding of over-quota and/or misreporting of catches. We provide an algorithm for ... -
Reform of Spain's profesional services market: Implementation of the EU Services Directive
Ciarreta Antuñano, Aitor; Espinosa Alejos, María Paz ; Zurimendi Isla, Aitor (FUNCAS, 2014-07)
The implementation of the European Commission Services Directive initiated the modernization process of services markets within the European Union. The objective was to guarantee the creation of a single market by ensuring ... -
Resale in Auctions with Financial Constraints
De Frutos, María Ángeles; Espinosa Alejos, María Paz (University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
This paper analyzes auctions where bidders face nancial constraints that may force them to resell part of the property of the good (or subcontract part of a project) at a resale market. First we show that the ine¢ cient ... -
Roaming in the Mobile Internet: when coverage sharing agreements call for regulation
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2003-06)We examine competition in Mobile Internet services, when operators bargain over the coverage sharing and their reciprocal roaming charge. Results show that in equilibrium operators cover the overall territory entirely and ... -
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 ... -
Selectivity, pulse fishing and endogenous lifespan in Beverton-Holt models
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)Optimal management in a multi-cohort Beverton-Holt model with any number of age classes and imperfect selectivity is equivalent to finding the optimal fish lifespan by chosen fallow cycles. Optimal policy differs in two ... -
Should Fiscal Policy be different in a Non-Competitive Framework?
Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
This paper studies if imperfections in the labor market justify a different fiscal policy. We present a dynamic general equilibrium model with a Ramsey planner deciding about public spending, labor taxes and debt. Two ... -
Skill premium effects on fertility and female labor force supply
Iza Padilla, María Amaya; Ferrero Martínez, Dolores (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)
In the last twenty years the United States has seen a positive relationship between female labor supply and total fertility rates, which differs from the pattern observed over the preceding years. We construct a general ... -
Smiling under stochastic volatility
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)This paper studies the behavior of the implied volatility function (smile) when the true distribution of the underlying asset is consistent with the stochastic volatility model proposed by Heston (1993). The main result ... -
Social Housing under Oligopoly
Usategui Díaz de Otalora, José María (University of the Basque Country, Department of Foundations of Economic Analysis II, 2008-03)
In this paper it is shown that the setting up of a social housing system may decrease the total number of houses built in the market, induce a price of non-social houses greater than the price of houses without that system ...