Dirección Postal:
U.Carlos III de Madrid
Calle Madrid, 126
28903 Getafe - Madrid (Spain)

Email:
instituto.economia@uc3m.es

Teléfonos:
(34) 91 624 92 87
(34) 91 624 58 96

Fax:
(34) 91 624 98 72 

Directorio

Laboratorio de Economía Experimental


Mapas y Transporte Público

 

Dirección Postal:
U.Carlos III de Madrid
Calle Madrid, 126
28903 Getafe - Madrid (Spain)

Email:
instituto.economia@uc3m.es

Teléfonos:
(34) 91 624 92 87
(34) 91 624 58 96

Fax:
(34) 91 624 98 72 

Directorio

Laboratorio de Economía Experimental


Mapas y Transporte Público

 




 
 






 
 


Selección de Publicaciones Recientes
Minimizar

2018

Matthias Kredler y Daniel Barczyk,
"Evaluating Long-Term Care Policy Options, Taking the Family Seriously"
Review of Economic Studies, 85(2), 766-809, 2018.

 

Julio Cáceres-Delpiano, Eugenio Giolito, y Sebastián Castillo,
"Early impacts of college aid"
Economics of Education Review, 63, 154-166, 2018.

 

Juan P. Rincón, y Yanyun Zhao,
"Envelope theorem in dynamic economic models with recursive utility"
Economics Letters, 163, 10-12, 2018.

 

Ignacio N. Lobato y Carlos Velasco,
"Efficiency improvements for minimum distance estimation of causal and invertible ARMA models"
Economics Letters, 162, 150-152, 2018.


2017

Ezra Einy, Diego Moreno, y Benyamin Shitovitz,
"The value of public information in common-value Tullock contests"
Economic Theory, 63, 925-942, 2017.

 

Ángel Hernando, y Fabio Michelucci,
"On the efficiency of the first price auction"
Economic Letters, 156, 159-161, 2017.

 

Pedro Albarrán, Raquel Carrasco y Javier Ruiz Castillo,
"Are Migrants More Productive than Stayers? Some Evidence from a Set of Highly Productive Academic Economists"
Economic Inquiry, 55, 1308-1323, 2017.

 

César Alonso, y Raquel Carrasco,
"Employment and the risk of domestic violence: does the breadwinner’s gender"
Applied Economics, 49(50), 5074-5091, 2017.

 

Klaus Desmet, Ignacio Ortuño y Romain Wacziarg,
"Culture, Ethnicity, and Diversity"
American Economic Review, 107(9), 2479-2513, 2017.

 

Carlos Velasco, y Igor Kheifets,
"New goodness-of-fit diagnostics for conditionals discrete response models"
Journal of Econometrics, 200, 135-149, 2017.

 

Vladimir Asriyan, William Fuchs y Brett Green,
"Information Spillovers in Asset Markets with Correlated Values"
American Economic Review, 107 (7), 2007-2040, 2017.

 

Hernán Seoane,
"Markups and the real effects of volatility shocks"
International Economic Review, 58(3), 807-828, 2017.

 

Belén Jerez,
"Competitive search equilibrium with multidimensional heterogeneity and two-sided exante investments"
Journal of Economic Theory, 172, 202-219, 2017.

 

Seong-Hoon Kim, Seongman Moon, y Carlos Velasco,
"Delayed Overshooting: Is it an '80s Puzzle?"
Journal of Political Economy, 125(5), 1570-1598, 2017.

 

Antoine Loeper,
"Cross-border Externalities and Cooperation among Representative Democracies"
European Economic Review, 91, 180-208, 2017.

 

Diego Moreno y John Wooders,
"Reserve Prices in Auctions with Entry when the Seller is Risk Averse"
Economic Lettandrs, 154, 006-009, 2017.

 

Diego Moreno y Ana B. de Lemus,
"Price Cap Regulation with Capacity Precommitment"
International Journal of Industrial Organization, 50, 131-158, 2017.

 

César Alonso-Borrego, Antonio Romero-Medina y Raquel Sánchez-Mangas,
"The Impact of Public Research Contracts on Scientific Productivity"
Applied Economics, 49 (5), 417-432, 2017.

 

Jesús Gonzalo y Jean-Yves Pitarakis,
"Inferring the Predictability Induced by a Persistent Regressor in a Predictive Threshold Model"
Journal Business & Economic Statistics, 35 (2), 202-217, 2017.

 

Carlos Velasco y E. Y. Ergemen,
"Estimation of Fractionally Integrated Panels with Fixed Effects and Cross-Section Dependence"
Journal of Econometrics, 196, 248-258, 2017.

 

Emircan Yurdagul,
"Production Complementarities and Flexibility in a Model of Entrepreneurship"
Journal of Monetary Economics, 86, 36-51, 2017.

 

Christian Dustmann, Uta Schönberg y Jan Stuhler,
"Labor Supply Schocks, Native Wages, and the Adjusment of Local Employment"
The Quartely Journal of Economics, 132 1 (1), 435-483, 2017.


2016
 

Sergi Basco,
"Switching bubbles: From Outside to Inside Bubbles"
European Economic Review
, 87, 236-255, 2016.


Jesús Mª Carro, Antonio Cabrales y Brindusa Anghel,
“Evaluating a bilingual education program in Spain: the impact beyond foreign language learning”
Economic Inquiry, 54(2), 1202-1223, 2016.


Antonia Díaz y Luis Franjo,
“Capital goods, measured TFP and growth: The case of Spain”
European Economic Review, 83, 19-39, 2016.


Andrés Erosa, Luisa Fuster y Diego Restuccia
"A Quantitative Theory of the Gender Gap in Wages"
European Economic Review, 85, 165 - 187, 2016.


Álvaro Escribano y Szabolcs Blazsek,
“Patent propensity, R&D and market competition: Dynamic spillovers of innovation leaders and followers”
Journal of Econometrics, 191(1), 145-163, 2016.


Diego Moreno y Tuomas Takalo,
"Optimal Bank Transparency"
Journal of Money, Credit and Banking 48, 203-231, 2016.


Andrés Erosa, Luisa Fuster y Gueorgui Kambourov,
"Towards a Micro-Founded Theory of Aggregate Labour Supply"
Review of Economic Studies, 83 (3), 1001-1039, 2016.



2015

Raquel Carrasco y J. Ignacio García-Pérez,
“Employment Dynamics of Immigrants versus Natives: Evidence from the Boom-Bust Period in Spain 2000-2011”
Economic Inquiry, 53(2), 1038-1060, 2015.


Luis Corchón y Carmen Beviá
“Centralized vs Decentralized Contests”
Economic Letters, 126, 150-155, 2015.


Miguel Ángel Delgado y Peter M. Robinson,
“Non-Nested Testing of Spatial Correlation”
Journal of Econometrics, 185, 385-401, 2015.


Natalia Fabra y Alfredo García,
“Market structure and the competitive effects of swiching costs”
Economics Letters, 126, 150-155, 2015.


Pedro Gomes,
“Optimal public sector wages”
The Economic Journal, 125(587), 1425-1451, 2015.


Ángel Hernando-Veciana y Pablo F. Beker,
“The dynamics of bidding markets with financial constraints”
Journal of Economic Theory, 155, 234-261, 2015.


Iliana Reggio y Rodolfo Campos
“Consumption in the Shadow of Unemployment”
European Economic Review, 78, 39-54, 2015.


Juan Pablo Rincón, y Ricardo Josa-Fombellina,
“Euler-Lagrange equatins of stochastic differencial games: application to a game of a productive asset”
Economic Theory, 59, 61-108, 2015.


Carlos Velasco y Kayarzyna Lasak,
“Fractional cointegration rank estimation”
Journal of Business & Economic Statistics, 33, 241-254, 2015.


Carlos Velasco y Xuexin Wang,
“A Joint Portmanteau Test for Conditional Mean and Variance Time Series Models”
Journal of Time Series Analysis, 36, 39-60., 2015


Carlos Velasco y Peter M. Robinson,
“Efficient inference on fractionally integrated panel data models with fixed effects”
Journal of Econometrics, 185, 435-452, 2015.



2014

César Alongo-Borrego y Víctor Aguirregabiria,
“Labor Contracts and Flexibility: Evidence from a Labor Market Reform in Spain”
Economic Inquiry, 52(2), 930-957, 2014.


Sergi Basco,
“Globalization and financial development: A model of the Dot-Com and the Housing Bubbles”
Journal of International Economics, 92(1), 78-94, 2014.


Raquel Carrasco y Javier Ruiz-Castillo,
“The Evolution of the Scientific Productivity of Highly Productive Economists”
Economic Inquiry, 42(1), 1-16, 2014.


Jesús Mª Carro y Martin Browning,
“Dynamic binary outcome models with maximal heterogeneity”
Journal of Econometrics, 178(2), 805-823, 2014.


Jesús Mª Carro y Alejandra Traferri,
“State dependence and heterogeneity in health using a bias corrected fixed effects estimator”
Journal of Applied Econometrics, 29(2), 181-207, 2014.


Irma Clots-Figueras, Sonia Bhalotra, Guilhem Cassan y Lakshmi Iyer,
“Religion, politician identity and development outcomes: Evidence from India”
Journal of Economic Behaviour & Organization, 104, 4-17, 2014.


Klaus Desmet y Stephen Parente,
“Resistance to Technology Adoption: The Rise and Decline of Guilds”
Review of Economic Dynamics, vol. 17(3), 437-458, 2014.


Klaus Desmet y Esteban Rossi-Hansberg,
“Spatial Development”
American Economic Review, 104, 1211-1243, 2014.


Juan J. Dolado, Jesús Gonzalo y Liang Chen,
“Detecting Big Structural Breaks in Large Factor Model”
Journal of Econometrics, 180(1), 30-48, 2014.


Mikhail Drugov, John Hamman y Danila Serra,
“Intermediaries in corruption: an experiment”
Experimental Economics, 17, 78-99, 2014.


Natalia Fabra y Mar Reguant,
“Pass-Through of Emissions Costs in Electricity Markets”
American Economic Review, 104(9), 2872-2899, 2014.


Jesús Gonzalo y Jose Olmo,
“Conditional Stochastic Dominance Tests in Dynamic Settings”
International Economic Review, 55(3), 819-838, 2014.


Jesús Gonzalo y Vanessa Berenguer-Rico,
“Summability of Stochastic Processes (A Generalization of Integration and Co-integration valid for Non-linear Processes)”
Journal of Econometrics, 178, 331-341, 2014.


Ángel Hernando-Veciana y Fabio Michelucci,
“On the optimality of not allocating”
Economic Letters, 125, 233-235, 2014.


Matthias Kredler,
“Experience vs. Obsolescence: A Vintage-Human-Capital Model”
Journal of Economic Theory, 150, 709-739, 2014.


Matthias Kredler,
“Vintage Human Capital and Learning Curves”
Journal of Economic Dynamics and Control, 40, 154-178, 2014.


Matthias Kredler y Daniel Barczyk,
“A Dynamic Model of Altruistically-Motivated Transfers”
Review of Economic Dynamics, 17(2), 303-328, 2014.


Ralf Martin, Laure B. de Preux y Ulrich J. Wagner
“The Impact of a Carbon Tax on Manufacturing: Evidence from Microdata”
Journal of Public Economics, 117, 001-014, 2014.


Ralf Martin, Laure B. de Preux y Ulrich J. Wagner
“Industry Compensation under Relocation Risk: A firm-Level Analysis of the EU Emissions Trading Scheme.”
American Economic Review, 104(8), 2482-2508, 2014.


Iliana Reggio y Rodolfo Campos,
“Measurement Error in Imputation Procedures”
Economics Letters, 122(2), 197-202, 2014.


Antonio Romero Medina y Matteo Triossi,
“Non-revelation mechanisms in many-to-one markets”
Games and Economic Behavior, 87, 624-630, 2014.


Abderrahim Taamouti, Taoufik Bouezmarni y Anouar El Ghouch,
“Nonparametric estimation and inference for conditional density based Granger Causality measures”
Journal of Econometrics, 180(2), 251-264, 2014.

 


2018

Matthias Kredler y Daniel Barczyk,
"Evaluating Long-Term Care Policy Options, Taking the Family Seriously"
Review of Economic Studies, 85(2), 766-809, 2018.

 

Julio Cáceres-Delpiano, Eugenio Giolito, y Sebastián Castillo,
"Early impacts of college aid"
Economics of Education Review, 63, 154-166, 2018.

 

Juan P. Rincón, y Yanyun Zhao,
"Envelope theorem in dynamic economic models with recursive utility"
Economics Letters, 163, 10-12, 2018.

 

Ignacio N. Lobato y Carlos Velasco,
"Efficiency improvements for minimum distance estimation of causal and invertible ARMA models"
Economics Letters, 162, 150-152, 2018.


2017

Ezra Einy, Diego Moreno, y Benyamin Shitovitz,
"The value of public information in common-value Tullock contests"
Economic Theory, 63, 925-942, 2017.

 

Ángel Hernando, y Fabio Michelucci,
"On the efficiency of the first price auction"
Economic Letters, 156, 159-161, 2017.

 

Pedro Albarrán, Raquel Carrasco y Javier Ruiz Castillo,
"Are Migrants More Productive than Stayers? Some Evidence from a Set of Highly Productive Academic Economists"
Economic Inquiry, 55, 1308-1323, 2017.

 

César Alonso, y Raquel Carrasco,
"Employment and the risk of domestic violence: does the breadwinner’s gender"
Applied Economics, 49(50), 5074-5091, 2017.

 

Klaus Desmet, Ignacio Ortuño y Romain Wacziarg,
"Culture, Ethnicity, and Diversity"
American Economic Review, 107(9), 2479-2513, 2017.

 

Carlos Velasco, y Igor Kheifets,
"New goodness-of-fit diagnostics for conditionals discrete response models"
Journal of Econometrics, 200, 135-149, 2017.

 

Vladimir Asriyan, William Fuchs y Brett Green,
"Information Spillovers in Asset Markets with Correlated Values"
American Economic Review, 107 (7), 2007-2040, 2017.

 

Hernán Seoane,
"Markups and the real effects of volatility shocks"
International Economic Review, 58(3), 807-828, 2017.

 

Belén Jerez,
"Competitive search equilibrium with multidimensional heterogeneity and two-sided exante investments"
Journal of Economic Theory, 172, 202-219, 2017.

 

Seong-Hoon Kim, Seongman Moon, y Carlos Velasco,
"Delayed Overshooting: Is it an '80s Puzzle?"
Journal of Political Economy, 125(5), 1570-1598, 2017.

 

Antoine Loeper,
"Cross-border Externalities and Cooperation among Representative Democracies"
European Economic Review, 91, 180-208, 2017.

 

Diego Moreno y John Wooders,
"Reserve Prices in Auctions with Entry when the Seller is Risk Averse"
Economic Lettandrs, 154, 006-009, 2017.

 

Diego Moreno y Ana B. de Lemus,
"Price Cap Regulation with Capacity Precommitment"
International Journal of Industrial Organization, 50, 131-158, 2017.

 

César Alonso-Borrego, Antonio Romero-Medina y Raquel Sánchez-Mangas,
"The Impact of Public Research Contracts on Scientific Productivity"
Applied Economics, 49 (5), 417-432, 2017.

 

Jesús Gonzalo y Jean-Yves Pitarakis,
"Inferring the Predictability Induced by a Persistent Regressor in a Predictive Threshold Model"
Journal Business & Economic Statistics, 35 (2), 202-217, 2017.

 

Carlos Velasco y E. Y. Ergemen,
"Estimation of Fractionally Integrated Panels with Fixed Effects and Cross-Section Dependence"
Journal of Econometrics, 196, 248-258, 2017.

 

Emircan Yurdagul,
"Production Complementarities and Flexibility in a Model of Entrepreneurship"
Journal of Monetary Economics, 86, 36-51, 2017.

 

Christian Dustmann, Uta Schönberg y Jan Stuhler,
"Labor Supply Schocks, Native Wages, and the Adjusment of Local Employment"
The Quartely Journal of Economics, 132 1 (1), 435-483, 2017.


2016
 

Sergi Basco,
"Switching bubbles: From Outside to Inside Bubbles"
European Economic Review
, 87, 236-255, 2016.


Jesús Mª Carro, Antonio Cabrales y Brindusa Anghel,
“Evaluating a bilingual education program in Spain: the impact beyond foreign language learning”
Economic Inquiry, 54(2), 1202-1223, 2016.


Antonia Díaz y Luis Franjo,
“Capital goods, measured TFP and growth: The case of Spain”
European Economic Review, 83, 19-39, 2016.


Andrés Erosa, Luisa Fuster y Diego Restuccia
"A Quantitative Theory of the Gender Gap in Wages"
European Economic Review, 85, 165 - 187, 2016.


Álvaro Escribano y Szabolcs Blazsek,
“Patent propensity, R&D and market competition: Dynamic spillovers of innovation leaders and followers”
Journal of Econometrics, 191(1), 145-163, 2016.


Diego Moreno y Tuomas Takalo,
"Optimal Bank Transparency"
Journal of Money, Credit and Banking 48, 203-231, 2016.


Andrés Erosa, Luisa Fuster y Gueorgui Kambourov,
"Towards a Micro-Founded Theory of Aggregate Labour Supply"
Review of Economic Studies, 83 (3), 1001-1039, 2016.



2015

Raquel Carrasco y J. Ignacio García-Pérez,
“Employment Dynamics of Immigrants versus Natives: Evidence from the Boom-Bust Period in Spain 2000-2011”
Economic Inquiry, 53(2), 1038-1060, 2015.


Luis Corchón y Carmen Beviá
“Centralized vs Decentralized Contests”
Economic Letters, 126, 150-155, 2015.


Miguel Ángel Delgado y Peter M. Robinson,
“Non-Nested Testing of Spatial Correlation”
Journal of Econometrics, 185, 385-401, 2015.


Natalia Fabra y Alfredo García,
“Market structure and the competitive effects of swiching costs”
Economics Letters, 126, 150-155, 2015.


Pedro Gomes,
“Optimal public sector wages”
The Economic Journal, 125(587), 1425-1451, 2015.


Ángel Hernando-Veciana y Pablo F. Beker,
“The dynamics of bidding markets with financial constraints”
Journal of Economic Theory, 155, 234-261, 2015.


Iliana Reggio y Rodolfo Campos
“Consumption in the Shadow of Unemployment”
European Economic Review, 78, 39-54, 2015.


Juan Pablo Rincón, y Ricardo Josa-Fombellina,
“Euler-Lagrange equatins of stochastic differencial games: application to a game of a productive asset”
Economic Theory, 59, 61-108, 2015.


Carlos Velasco y Kayarzyna Lasak,
“Fractional cointegration rank estimation”
Journal of Business & Economic Statistics, 33, 241-254, 2015.


Carlos Velasco y Xuexin Wang,
“A Joint Portmanteau Test for Conditional Mean and Variance Time Series Models”
Journal of Time Series Analysis, 36, 39-60., 2015


Carlos Velasco y Peter M. Robinson,
“Efficient inference on fractionally integrated panel data models with fixed effects”
Journal of Econometrics, 185, 435-452, 2015.



2014

César Alongo-Borrego y Víctor Aguirregabiria,
“Labor Contracts and Flexibility: Evidence from a Labor Market Reform in Spain”
Economic Inquiry, 52(2), 930-957, 2014.


Sergi Basco,
“Globalization and financial development: A model of the Dot-Com and the Housing Bubbles”
Journal of International Economics, 92(1), 78-94, 2014.


Raquel Carrasco y Javier Ruiz-Castillo,
“The Evolution of the Scientific Productivity of Highly Productive Economists”
Economic Inquiry, 42(1), 1-16, 2014.


Jesús Mª Carro y Martin Browning,
“Dynamic binary outcome models with maximal heterogeneity”
Journal of Econometrics, 178(2), 805-823, 2014.


Jesús Mª Carro y Alejandra Traferri,
“State dependence and heterogeneity in health using a bias corrected fixed effects estimator”
Journal of Applied Econometrics, 29(2), 181-207, 2014.


Irma Clots-Figueras, Sonia Bhalotra, Guilhem Cassan y Lakshmi Iyer,
“Religion, politician identity and development outcomes: Evidence from India”
Journal of Economic Behaviour & Organization, 104, 4-17, 2014.


Klaus Desmet y Stephen Parente,
“Resistance to Technology Adoption: The Rise and Decline of Guilds”
Review of Economic Dynamics, vol. 17(3), 437-458, 2014.


Klaus Desmet y Esteban Rossi-Hansberg,
“Spatial Development”
American Economic Review, 104, 1211-1243, 2014.


Juan J. Dolado, Jesús Gonzalo y Liang Chen,
“Detecting Big Structural Breaks in Large Factor Model”
Journal of Econometrics, 180(1), 30-48, 2014.


Mikhail Drugov, John Hamman y Danila Serra,
“Intermediaries in corruption: an experiment”
Experimental Economics, 17, 78-99, 2014.


Natalia Fabra y Mar Reguant,
“Pass-Through of Emissions Costs in Electricity Markets”
American Economic Review, 104(9), 2872-2899, 2014.


Jesús Gonzalo y Jose Olmo,
“Conditional Stochastic Dominance Tests in Dynamic Settings”
International Economic Review, 55(3), 819-838, 2014.


Jesús Gonzalo y Vanessa Berenguer-Rico,
“Summability of Stochastic Processes (A Generalization of Integration and Co-integration valid for Non-linear Processes)”
Journal of Econometrics, 178, 331-341, 2014.


Ángel Hernando-Veciana y Fabio Michelucci,
“On the optimality of not allocating”
Economic Letters, 125, 233-235, 2014.


Matthias Kredler,
“Experience vs. Obsolescence: A Vintage-Human-Capital Model”
Journal of Economic Theory, 150, 709-739, 2014.


Matthias Kredler,
“Vintage Human Capital and Learning Curves”
Journal of Economic Dynamics and Control, 40, 154-178, 2014.


Matthias Kredler y Daniel Barczyk,
“A Dynamic Model of Altruistically-Motivated Transfers”
Review of Economic Dynamics, 17(2), 303-328, 2014.


Ralf Martin, Laure B. de Preux y Ulrich J. Wagner
“The Impact of a Carbon Tax on Manufacturing: Evidence from Microdata”
Journal of Public Economics, 117, 001-014, 2014.


Ralf Martin, Laure B. de Preux y Ulrich J. Wagner
“Industry Compensation under Relocation Risk: A firm-Level Analysis of the EU Emissions Trading Scheme.”
American Economic Review, 104(8), 2482-2508, 2014.


Iliana Reggio y Rodolfo Campos,
“Measurement Error in Imputation Procedures”
Economics Letters, 122(2), 197-202, 2014.


Antonio Romero Medina y Matteo Triossi,
“Non-revelation mechanisms in many-to-one markets”
Games and Economic Behavior, 87, 624-630, 2014.


Abderrahim Taamouti, Taoufik Bouezmarni y Anouar El Ghouch,
“Nonparametric estimation and inference for conditional density based Granger Causality measures”
Journal of Econometrics, 180(2), 251-264, 2014.