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The New Keynesian Monetary Model: Does it Show the Comovement Between Output and Inflation in the U.S.? 

María-Dolores, Ramón; Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
This paper analyzes the performance of alternative versions of the New Keynesian monetary (NKM) model in order to replicate the comovement observed between output and inflation during the Greenspan era. Following Den Haan ...
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The Black Box of Mutual Fund Fees 

Gil Bazo, Javier; Martínez Sedano, Miguel Ángel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
This paper re-examines the determinants of mutual fund fees paid by mutual fund shareholders for management costs and other expenses. There are two novelties with respect to previous studies. First, each type of fee is ...
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How much efficiency gains and price reductions for an efficiency defense? 'Quanto Basta' 

Fabrizi, Simona; Lippert, Steffen (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
Potential efficiency gains due to a merger can be used by competition authorities to judge upon proposed mergers. In a world where agents’ efforts, observable or unobservable, affect the success of a production cost reducing ...
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Does the Term Spread play a role in the FED's reaction function? An Empirical Investigation 

Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
Using US data for the period 1967:5-2002:4, this paper empirically investigates the performance of a Fed’s reaction function (FRF) that (i) allows for the presence of switching regimes, (ii) considers the long-short term ...
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Optimal Minimum Wage in a Competitive Economy: an Alternative Modelling Approach 

Gorostiaga Alonso, Miren Arantzazu; Rubio-Ramírez, Juan F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
This paper analyzes whether a minimum wage can be an optimal redistribution policy when distorting taxes and lump-sum transfers are also available in a competitive economy. We build a static general equilibrium model with ...
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Mergers in Durable Goods Industries 

Sagasta Elorza, Amagoia; Saracho de la Torre, Ana Isabel (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
This paper is concerned with the study of durability as an aspect of competition and market structure that contributes to determining the incentives for mergers. We find that relative to the incentives in industries that ...
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The effect of firm-level contracts on the structure of wages: evidence from matched employer-employee data 

Card, David E.; De la Rica Goiricelaya, Sara (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004-10)
In Spain, as in several other European countries, sectoral bargaining agreements are automatically extended to cover all firms in an industry. Employers and employees can also negotiate firm-specific contracts. We use a ...

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AuthorVázquez Pérez, Jesús (2)Card, David E. (1)De la Rica Goiricelaya, Sara (1)Fabrizi, Simona (1)... View MoreDepartamento (cas.)Fundamentos del análisis económico II (7)Fundamentos del análisis económico I (1)Departamento (eus.)Ekonomia analisiaren oinarriak II (7)Ekonomia analisiaren oinarriak I (1)Subject
ECONOMICS, ECONOMETRICS AND FINANCE (7)
MACROECONOMICS AND MONETARY ECONOMICS (3)INDUSTRIAL ORGANIZATION (2)MICROECONOMICS (2)... View MoreDate Issued
2004 (7)
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eng (7)

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