This paper aims to examine optimal environmental taxation in an incomplete-information two-period model in which a monopolistic firm produces and pollutes. It is assumed that the polluting firm is privately informed about its costs of production, and the policymaker, which can only infer the...

We develop a partial equilibrium job search model to analyse wage mobility and its relation to job mobility. The basic job search model is generalized by introducing wage renegotiation at the firm level, on-the-job search and heterogeneity of individuals through the value of time while...

We analyse the performance of budgetary and growth forecasts of all stability and convergence programmes submitted by EU member states over the last decade. Differences emerge for the bias in budgetary projections across countries. As a second step we explore whether economic, political and...

In this paper we obtain empirical evidence of the relationship between individuals' risk attitudes and individuals' beliefs on their rival's choices in the Prisoners' Dilemma game. We find that (i) Risk-averse subjects seem to think that their opponent will defect, (ii) Risk-loving individuals...

The aim of this paper is to add new arguments to the debate on the redesign of regional policies. An endogenous growth model is presented with two regions where the crucial issue for the removal of regional disparities is public investment. When testing the model using data obtained from Spanish...

Interest on the factors shaping migrants’ use of a given money transmittal method has recently intensified following researchers agreement on the often inadequate infrastructure surrounding remittances transfers. This concern has also captured the attention of government officials, who appear...

Convencionalmente las evaluaciones sobre el bienestar en las regiones utilizan como indicador de nivel de vida el PIB por habitante. Este trabajo trata de aportar una perspectiva distinta acerca del bienestar regional mediante la utilización de indicadores alternativos. Con este propósito se...

This paper argues and provides evidence that the stock of immigrants in a country have a positive effect on the share of its bilateral intra-industry trade (IIT). The paper links the literatures about immigration and trade and about IIT determinants. The key is that immigration contributes to...

La tendencia creciente hacia la diversificación del output en el sector bancario con un papel destacado de las operaciones fuera de balance suele asociarse, al menos desde el punto de vista teórico, a la obtención de ciertas ventajas de escala. Sin embargo, la evidencia empírica...

This paper tries to analyze changes in the allocation of time decided by mothers and how different characteristics of them, such us marital status, employment status, etc., influences that allocation across the period 1981-1997 in the United States. Data reveals that there exists an increase on...