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In this paper, we have studied the employment and nonemployment transitions in Spain from 1996 to 2005. To do so, we have used a multi-state multiepisode duration model and a censored continuous-time Markovian matrix. By using the censored Markovian matrix, we have been able to balance the...
Persistent link: https://www.econbiz.de/10005405112
We present a game-theoretical model that accounts for abundant experimental evidence from games with non-binding communication (‘cheap talk’). It is based on two key ideas: People are conditionally averse to break norms of honesty and fairness (i.e., the emotional cost of breaking a norm is...
Persistent link: https://www.econbiz.de/10005405113
In this paper, we characterize optimal regulatory policies composed of pollution standards, probabilities of inspection and fines for non-compliance, in a context where both monitoring and sanctioning are socially costly, and penalties may include gravity and non-gravity components at the...
Persistent link: https://www.econbiz.de/10005405114
This paper extends the annuity demand theory, giving new reasons for the small annuities demand. Regarding this problem, Yaari (1965) claims, under the condition that no one can die in debt, that a selfish consumer will fully annuitized her savings, insofar as annuity asset yield dominate...
Persistent link: https://www.econbiz.de/10005405115
En este artículo se analiza desde un punto de vista teórico y en el marco de un modelo de búsqueda, los efectos ambiguos del acceso a mejores ofertas salariales sobre la probabilidad final de que un individuo acepte un empleo. A fin de superar dicha ambigüedad analizamos los efectos sobre el...
Persistent link: https://www.econbiz.de/10005405116
Por commuting se entiende los desplazamientos de los habitantes de un área metropolitana desde su lugar de residencia hasta el de trabajo u ocio. La intensidad, dirección y estabilidad de los desplazamientos laborales aportan una valiosa información acerca de las fuerzas que impulsan el...
Persistent link: https://www.econbiz.de/10005405117
El trabajo efectúa un análisis de la evolución del sector ferroviario durante la Guerra Civil española (1936-1939). Se trata de un tema que hasta el momento ha recibido una escasa atención y que consideramos puede ayudar a comprender el comportamiento de uno de los principales sectores...
Persistent link: https://www.econbiz.de/10005405119
Commercial regulations of the Hispanic monarchy gave great importance to the relations between the metropolis and its colonies. In times of war, Spain was not able to supply her colonies by its own means. Her incapacity of maintaining the imperial communications forced Spanish government to open...
Persistent link: https://www.econbiz.de/10005405120
Este texto realiza un recorrido en el largo plazo sobre la trayectoria del ferrocarril en España, analizando aquellas cuestiones que han constituido la base del debate historiográfico, especialmente las referidas a las relaciones económicas, empresariales y territoriales, sin olvidar el papel...
Persistent link: https://www.econbiz.de/10005405124
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...
Persistent link: https://www.econbiz.de/10005600507