In this dissertation, I discuss two important factors in individuals' decision-making processes: subjective expectation bias and time-inconsistent preferences. In Chapter I, I look at how individuals' own subjective expectations about certain future events are different from what actually...

En este documento proponemos un enfoque basado en regresiones para estimar cómo las expectativas de los individuos influyen en sus respuestas a un cambio contrafactual. Proporcionamos condiciones bajo las cuales los efectos parciales promedio estimados sobre la base de regresiones recuperan los...

The thesis presents several theoretical models on the causes and consequences of income growth and uncertainty.Part I deals with international trade as a major source of aggregate productivity. It presents the Melitz (2003) model and develops an integrated model of intra-industry trade and...

Artículo de revista ; The article quantifies the contributions made by different household groups to the change in the aggregate household saving rate in Spain between 2007 and 2016. Against the backdrop of the last crisis – heightened uncertainty and significant labour market deterioration...

This paper explores the extent of consumption smoothing between 1981 and 1985 in rural Burkina Faso. In particular, we examine the extent to which livestock, grain storage and interhousehold transfers are used to smooth consumption against income risk. The survey coincided with a period of...

Rationale Since the pandemic, the Spanish labour market has shown considerable strength, which has been conducive to a decline in the perceived probability of job loss among workers. This article evaluates the extent to which this may have had a positive impact on consumption (by reducing...