A buyer with downward sloping demand faces a number of unit-supply sellers. This paper characterizes optimal auctions in this setting. For the symmetric case, a uniform auction (with price equal to lowest rejected offer) is optimal whencomplemented with reserve prices for different quantities...

This working paper analyzes the impact of social capital on economic growth in Spain during the 1985-2005 period. The literature in this context is virtually nonexistent and, in addition, whereas most studies, regardless of their context, have used survey data in order to measure social capital,...

This working paper refers to the evaluation of health states when equity matters. We propose an evaluation formula that incorporates equity concerns from an equality of opportunity viewpoint and is applicable to categorical data, such as self-reported qualitative health states. An empirical...

This working paper examines the consequences of the role played by the female population in the labor market with respect to the demand for care within the framework of a new demographic order. Female labor participation not only has clear economic implications but also, from a demographic point...

There is consensus in the literature about the need to control for socioeconomic status and other contextual variables at student and school level in the estimation of value added models, for which methodologies rely on hierarchical linear models. However, this approach is problematic because...

This working paper compares childcare and nursery education across three European countries: Sweden, Germany and Spain. This analysis forms the basis of a discussion on the productive value attributed to childcare and nursery education in each of those three societies, with reference to the...

Este documento de trabajo utiliza el enfoque de fronteras parciales para analizar la eficiencia de los centros educativos. Se calcula el indicador de máximo output potencial en referencia a la magnitud en que podrían mejorar los resultados de la escuela, ya sea manteniendo las condiciones...

Este documento de trabajo examina la posibilidad de construir una grid de población a partir de información pública, el nomenclátor en lo que respecta a la población y la cartografía en lo que hace referencia a información auxiliar sobre usos del suelo. El método propuesto es un método...

This working paper analyzes the role of different elements of social capital in economic growth for a sample of 85 European regions during the period 1995-2008. Despite the remarkable progress that social capital and European regional economic growth literatures have experienced over the last...

We analyze the determinants of bank branch location in Spain controlling for geography explicitly. After a long period of intense expansion, most savings banks are now involved in merger processes. However, given the contributions of this type of bank to combatting financial exclusion, this...