Showing 1 - 10 of 131
Using an estimated life-cycle model, we quantify the role of heterogeneity in wealth returns for the response of income to marginal tax changes. In our economy, agents who are sufficiently productive can obtain higher returns by choosing to be entrepreneurs. Return heterogeneity amplifies the...
Persistent link: https://www.econbiz.de/10013229511
This paper analyzes the determinants of Spain's macroeconomic fluctuations since the inception of the euro in 1999 … structure (especially lower nominal wage and price rigidities in Spain). Finally, we find that EMU membership has had a non …
Persistent link: https://www.econbiz.de/10014198881
productivity. In the case of Spain, the retail trade sector is subject to a rich set of regional regulations. This paper provides a … database and a set of indicators on the main restrictions to retail trade in place in Spain's Autonomous Regions (Comunidades …
Persistent link: https://www.econbiz.de/10014207779
sector in Spain. We base our analysis on an innovative database that classifies 206,777 regulations by economic sector and …
Persistent link: https://www.econbiz.de/10014357588
, Germany, France, UK, Italy and Spain). The empirical methodology departs from the Hall (1988) seminal approach and … other side of the spectrum; Italy and Spain keep an intermediate position. With respect to the bargaining power of trade … mark ups in Italy, France and Germany; on the contrary, in USA, Japan, UK and Spain they have diminished. In the case of …
Persistent link: https://www.econbiz.de/10012718059
migrants from outside the EU-15 in Spain. Using our panel dataset we show that immigrants reduce around the half of the initial …
Persistent link: https://www.econbiz.de/10012718397
increase in labor utilization within European countries. In particular, we explore the case of Spain. Despite showing one of … in TFP growth. This paper computes an index of labor quality in Spain between 1988 and 2006 using microdata from the … productivity slowdown in Spain: type of occupation held by the individual and unobserved heterogeneity of workers. Both the …
Persistent link: https://www.econbiz.de/10012719402
We estimate the long-run relationship between real housing prices of new dwellings and their fundamentals in a panel of the 50 Spanish provinces between 1985 and 2018. We find a cointegrating relationship between real house prices and per capita real income, unemployment rate and demographic...
Persistent link: https://www.econbiz.de/10012857801
December 1905. This decision left Spain and Italy without a bilateral trade treaty for an entire decade. In the literature …
Persistent link: https://www.econbiz.de/10012847364
. We combine administrative data on all firms in Spain with a matched bank-firm-loan dataset incorporating information on …
Persistent link: https://www.econbiz.de/10012926172