This paper focuses on comparing public and private individual wealth over the life-cycle, when individuals face an uncertain length of life. We also analyze how a fully funded and actuarially fair Social Security affects the desire to annuitize private wealth. Within this framework, we find that...

Dentro de las políticas activas de empleo, los programas de Orientación para el Empleo suponen actualmente -en términos de acciones- más de la mitad de las políticas puestas en marcha por los servicios públicos de empleo. Asimismo, los recursos económicos destinados a dichas medidas han...

Abortion rates are increasing all around the world, especially for young women. Our proposals for public policies to reduce unwanted pregnancies are based on an analysis of the socio-economic determinants of abortion rates. Special attention is paid to regional levels of alcohol consumption,...

Sexually transmitted diseases pose an important public health problem around the world. Although many studies have explored the link between alcohol use and risky sexual practices, the unobserved differences among individuals make it difficult to assess whether the associations are casual in...

The literature on social norms stresses that compliance with norms is approved while deviance is disapproved. Based on this, we explore the content of social norms using experimental data from five dictator games with a feedback stage. Our data suggests that subjects either care about a...

Este artículo estudia los efectos que una apertura global al comercio exterior tiene sobre la productividad a nivel de empresa y a nivel de industria en un entorno donde existen diferencias intersectoriales en niveles de competencia inicial. Los sectores menos competitivos sufren mucho más la...

Prior studies have shown that selfish behavior is reduced when co–players have the opportunity to approve/disapprove a player’s choice, even if that has no consequences on the player’s material payoff. Using a prisoner’s dilemma, we experimentally study the causes of this phenomenon,...

Sometimes, theoreticians explicitly state that they consider their models as examples. When this is not the case, it is fairly common for theoreticians to attribute to their models the characteristics and objectives of illustrative examples. However, this way of understanding models has not...

In games with multiple equilibria, the fairest equilibrium –in case one exists- may be the obvious solution for some players but not for others, and players can be aware of this heterogeneity. This paper theoretically explores how coordination could be achieved in this case. The model is...

El presente trabajo pretende desagregar el capital humano en sus dos componentes principales: la educación formal en la escuela y la formación en el trabajo. Analizando el comportamiento de ambas formas de acumulación de capital humano por separado, se pretende conseguir un mejor conocimiento...