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Optimal overall emissions taxation in durable goods oligopoly
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
We analyze optimal second-best emission taxes in a durable good industry under imperfect competition. The analysis is performed for three different types of emissions and for situations where the good is rented, sold or ...
A Note on Risk Acceptance, Bankruptcy Avoidance and Riskiness Measures
(2013-09-30)
In this work we clarify the relationships between riskiness, risk acceptance and bankruptcy avoidance. We distinguish between the restriction on the current wealth required to make a gamble acceptable to the decision maker ...
A Measure of Gender Wage Discrimination at Quantiles
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)
The literature provides several scalar measures of gender wage discrimination that cannot identify whether discrimination is greater among high earners or among low earners. Furthermore, two populations may exhibit the ...
A factor model of seasonality in stock returns
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002)
Most empirical evidence on stock market seasonality is based on the Dummy Variable Approach (DVA). Typically, the DVA leaves too much variability of stock returns unexplained and inference usually leads to weak or null ...
The Weekend-Dividend Effect in the Spanish Market
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-06)
In this paper we develop an econometric test of a corollary of the irrelevance of the dividend policy principle, namely, that the rescheduling of dividends does not affect the market valuation of the firm. In particular, ...
An Alternative View of the US Price-Dividend Ratio Dynamics
(2014-12)
As a necessary condition for the validity of the present value model, the price-dividend ratio must be stationary. However, significant market episodes seem to provide
evidence of prices significantly drifting apart from ...
Essays on the effect of renewable energy production in the spanish electricity market.
(2016-02-26)
El camino hacia una economía baja en carbono es una de las prioridades políticas actuales de la Unión Europea. En España, la Energía Renovable (ER) emergió a partir de la introducción del sistema de Feed-in Tariffs. La ...
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 ...
Job preferences and work values among the youth in Spain
(2017-02-03)
La tesis se enfoca en tres aspectos relacionados con el mercado laboral de España. El primer capítulo analiza las preferencias profesionales de alumnos en los últimos años de su carera utilizando un Experimento de Elección ...
The Relevance of Relative Position in Ultimatum Games
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2014)
This paper investigates the effect of focal points and initial relative position
in the outcome of a bargaining process. We conduct two on-line experiments.
In the first experiment we attempt to replicate Güth, Huck and ...