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Wage stickiness and unemployment fluctuations: an alternative approach
(Springer, 2012-09)
Erceg et al. (J Monet Econ 46:281-313, 2000) introduce sticky wages in a New-Keynesian general-equilibrium model. Alternatively, it is shown here how wage stickiness may bring unemployment fluctuations into a New-Keynesian ...
Altruism and Social Integration
(2009)
We report on a two-stage experiment in which i) we first elicit the social network within a section of undergraduate students and ii) we then measure their altruistic attitudes by means of a standard Dictator game. We ...
Prosocial norms and degree heterogeneity in social networks
(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 ...
Strategic Interaction and Conventions
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-06)
The scope of the paper is the literature that employs coordination games to study social norms and conventions from the viewpoint of game theory and cognitive psychology. We claim that those two alternative approaches are ...
Earnings-based vs assets-based borrowing constraints and their impact on output
(2020)
We present an overlapping generations model in order to assess the quantitative effects of financial frictions on output depending on the type of loan contract. Financial frictions are one of the major obstacles of the ...
Career Planning in Spain: Do temporary contracts delay marriage and motherhood?
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2003-04)
The aim of this paper is to find an empirical connection between the impressive increase in the use of temporary contracts in Spain and the observed increase in age at marriage and maternity. Using a pool of the six available ...
Life Expectancy, Human Capital, Social Security and Growth
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2005)
We analyze the effects of changes in the mortality rate upon life expectancy, education, retirement age, human capital and growth in the presence of social security. We build a vintage growth, overlapping generations model ...
Income Taxation and Growth in an OLG Economy: Does Aggregate Uncertainty Play any Role?
(2013-12-18)
We analyze the effects of capital income taxation on long-run growth in a stochastic, two-period overlapping generations economy. Endogenous growth is driven by a positive externality of physical capital in the production ...
Common p-belief in rationality in centipede games
(2020)
Centipede Games represent a classic puzzle in game theory. In this work, we employ p-beliefs to show that almost any behavior is consistent with rationality and almost Common Belief in Rationality. However, Common p-Belief ...
Analyzing the beginning of the career path of young professionals from a gender perspective
(2020)
Young graduates are confronted with rough conditions when they want to enter the labor market. They face higher unemployment rates and are more often engaged in precarious employment, like part-time and/ or temporary ...