Documents de treball del Departament d'Economia: Enviaments recents
Ara mostrant els elements 1-20 de 384
Financial Inclusion and Women Economic Empowerment in Ghana
Although the impact of micro-credit and direct cash transfers on women economic empowerment has been extensively studied. The impact of just having either a formal or informal bank account remains relatively understudied. ...
Allocating remaining carbon budgets and mitigation costs
The concept of carbon budgets has become a key and effective tool in terms of communicating the existing environmental challenge and monitoring environmental policy, in the context of the Paris agreement. In this sense, ...
How to distribute the ERDF funds through a combination of egalitarian allocations: the CELmin
As Solís-Baltodano et al. (2021) figure out, almost a third of the total European Union budget– has been set aside for the Cohesion Policy during the 2014-2020 period. The distribution of this budget is made through ...
Average monotonic cooperative games with nontransferable utility
A non-negative transferable utility (TU) game is average monotonic if there exists a non-negative allocation according to which the relative worth is not decreasing when enlarging the coalition. We generalize this definition ...
Conflicting National Policies: The Creation of the Euro and the Rebalancing of Telecommunications Prices
Government departments have diverse interests, and on certain occasions, the need to achieve an objective in one department may lead to the adoption of inefficient policies in other areas, with long-lasting consequences. ...
Nonempty core of minimum cost spanning tree games with revenues
A minimum cost spanning tree problem analyzes the way to efficiently connect agents to a source when they are located at different places. Once the efficient tree is obtained, the total cost should be allocated among the ...
The society gendered equilibrium: in search for an economic rationale
Several occupations are male-dominated while others are women-dominated. This paper attempts to establish an economic rationale behind it. In this paper, women have greater difficulty to conciliate the labor market with ...
Cultural and Creative Industries: Empirical Evidence on Employment Growth
This paper analyses the role played by cultural and creative industries (CCIs) in employment growth at local level in Catalonia between 2001 and 2011. This is a novel approach as, differently to most of previous contributions, ...
U.S. Banks’ lending behaviour, financial stability, and investor sentiment: A textual analysis
We examine the impact of investor sentiment on bank credit and financial stability. We also investigate how loan growth may affect bank stability. We use an unbalanced panel data set of 6,886 U.S. commercial banks over the ...
Clusters of Cultural and Creative Industries: Empirical Evidence for Catalonia
Creative clusters are increasingly being recognized as vital tools in the promotion of a city’s competitiveness, innovation, urban development, and growth in developed countries. This paper studies the geography of Cultural ...
Political leaders with backgrounds in business – bad for climate mitigation?
To which leadership characteristics should voters who care about climate pay attention when they vote? The literature on how the ideology of political parties in power affects climate policy outcomes is abundant, but there ...
The link between cryptocurrencies and Google Trends attention
This paper revisits the linkage between cryptocurrencies and public disclosed preferences, proxied by online searches. We show that cryptocurrencies are not related to a general uncertainty index as measured by the Google ...
Distributing the European Union Greenhouse Gas emission 2030
Due to the challenge of global warming, the European Union (EU) signs the Paris agreement (2015) to diminish the total Greenhouse Gas (GHG) emission. Nonetheless, the European Environmental Agency report (EEA, 2019) shows ...
On manipulability in financial systems
We investigate manipulability in the setting of financial systems by considering two weak forms of immunity: non-manipulability via merging and non- manipulability via splitting. Not surprinsingly, non-manipulability via ...
Clusters of Cultural and Creative Industries: Any Role in Location Decisions of Firms?
This paper focuses on the location patterns of Cultural and Creative Industries (CCIs) and the role played by existing clusters of these industries when entering markets. Departing from previous identification of clusters ...
Market power in California’s water market
We estimate market power in California’s thin water market. Market frictions may distort the potential welfare gains from water marketing. We use a Nash-Cournot model and derive a closed-form solution for the extent of ...
The Integration of West Africa in the Global Economy, 1842-1938
Despite the essential role that international trade has historically played for resource-rich African economies, growth possibilities have been hindered by considerable trade barriers. Yet, in the large literature on ...
Weekly dynamic conditional correlations among cryptocurrencies and traditional assets
This paper adopts a versatile multivariate conditional correlation model to estimate daily seasonality in the returns, the volatility, and the correlations between stocks, bonds, gold and Bitcoin. Besides the well ...
Are cryptocurrencies becoming more interconnected?
This paper studies the dynamic market linkages among cryptocurrencies during August 2015 - July 2020 and finds a substantial increase in market linkages for both returns and volatilities. We use different methodologies to ...
On the disruptive power of small-teams research
Recent studies have shown that research by small teams is more likely to lead to disruptive results than research by large teams. Disruptive research challenges established paradigms. This paper offers a possible theory ...
