Working papers
Compilation of documents that synthesize an original research about a concret topic in a study area with the aim of report on the state of the research. They help to discover new idees and concepts and to shape research lines specially in the social sciences and humanities areas. For example: the working papers of the Department of Economic History and Economy, Social and Political Sciences Institute or the UAB Olimpic Studies Center.
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2024-05-08
05:53
16 p, 286.7 KB Welfare implications of the interaction between habits and consumption externalities / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Girona)
We analyze the welfare properties of the equilibrium path of a growth model where both habits and consumption externalities affect the utility of consumers. Our analysis highlights the crucial role played by complementarities between externalities and habits in order to generate an inefficient dynamic equilibrium. [...]
CREA-Barcelona Economics, 2004 (CREA working paper; 125)
CREA Centre de Referència en Economia Analítica Working Papers Series, 2004  
2024-05-08
05:53
26 p, 434.5 KB Intergenerational mobility, occupational decision and the distribution of wages / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
We analyze the determinants of occupational and educational decisions in a model of dynastic altruism where individuals invest in the education of their children. We show that the relevant wage gaps that drive these two decisions are associated with the expected skill premium and the expected premium that each skill class faces when choosing a more effort-demanding occupation. [...]
Barcelona: Barcelona GSE Graduate School of Economics 2016 (GSE working paper ; 945)
Barcelona GSE Graduate School of Economics Working Paper, 2016  
2024-05-08
05:53
28 p, 333.0 KB Aspirations, habit formation, and bequest motive / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Girona)
We analyze how the presence of endogenous preferences affects the altruistic bequest motive from parents to children. We will show that the existence of habits raises the threshold value of the intergenerational discount factor above which altruistic bequests are positive, while aspiration formation could push this value down. [...]
CREA-Barcelona Economics, 2004 (CREA working paper; 136)
CREA Centre de Referència en Economia Analítica Working Paper Series, 2004  
2024-05-08
05:53
24 p, 280.3 KB Can consumption spillovers be a source of equilibrium indeterminacy? / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
In this paper, we show that consumption externalities are a source of equilibrium indeterminacy in a growth model with endogenous labor supply. In particular, when the marginal rate of substitution between own consumption and the others' consumption is constant along the equilibrium path, the equilibrium does not exhibit indeterminacy. [...]
Barcelona: CREA-Barcelona Economics; 2007  
2024-05-08
05:53
32 p, 321.7 KB Fiscal policy, composition of intergenerational transfers, and income distribution / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
In this paper, we characterize the relationship between the initial distribution of human capital and physical inheritances among individuals and the long-run distribution of these two variables. In a model with indivisible investment in education, we analyze how the initial distribution of income determines the posterior intergenerational mobility in human capital and the evolution of intragenerational income inequality. [...]
Barcelona: Barcelona GSE Graduate school of economics, 2009 (GSE working paper 387)
Barcelona GSE graduate school of economics Working Papers, 2009  
2024-05-08
05:53
27 p, 370.0 KB Estate taxes, consumption externalities, and altruism / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
We study how the introduction of consumption externalities affects the optimality of the dynamic equilibrium in an economy displaying dynastic altruism. When the bequest motive is inoperative consumption externalities affect the intertemporal margin between young and old consumption and thus modify the intertemporal path of aggregate consumption and capital. [...]
CREA-Barcelona Economics, 2005 (CREA working paper; 232)
CREA Centre de Referència en Economia Analítica Working Paper Series, 2005  
2024-05-08
05:53
37 p, 1.2 MB Sectoral composition and macroeconomic dynamics / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
We analyze the transitional dynamics of a model with heterogeneous consumption goods. In this model, convergence is driven by two different forces: the typical diminishing returns to capital and the sectoral change inducing the variation in relative prices. [...]
Barcelona: Graduate School of economics, 2011 (GSE working paper; 545)
Barcelona GSE graduate school of economics Working Papers, 2011  
2024-05-08
05:53
36 p, 403.4 KB Intergenerational mobility under education-effort complementarity / Alonso Carrera, Jaime (Universidad de Vigo) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Raurich, Xavier (Universitat de Barcelona)
In this paper, we build a model that, according to the empirical evidence, gives raise to oscillations in wealth within a dynasty while keeping intergenerational persistence in education attainment. The mechanism that we propose is based on the interaction between effort and wealth suggested by the Carnegie effect, according to which wealthier individuals make less effort than the poorer. [...]
Barcelona : Barcelona GSE, 2016 (GSE working paper; 905)
Barcelona GSE Graduate School of Economics Working Paper, 2016  
2024-05-08
05:53
46 p, 1.4 MB Fiscal austerity and greek migration : a missing link / Bandeira, Guilherme (New South Wales Treasury.) ; Caballé, Jordi (Universitat Autònoma de Barcelona) ; Vella, Eugenia (Universitat Autònoma de Barcelona)
This paper proposes a new channel through which scal austerity affects the macroeconomy. We introduce endogenous migration for both the unemployed and the employed members of the labour force in a small open economy New Keynesian model with labour market frictions exposed to a rich scal policy. [...]
Barcelona: Graduate School of Economics, 2019 (BSE working paper; 1075)
Barcelona GSE Graduate Schools of Economics Working Papers, 2019  
2024-04-21
17:41
25 p, 851.9 KB On a New Semantic Inter-Textual Multi-Language Tool for the Humanities : TIMAEUS / De Bianchi, Silvia (Universitat Autònoma de Barcelona) ; Follesa, Laura (University of Milan) ; Laura Marongiu (University of Milan) ; Alloatti, Francesca (Maize Srl)
2024  
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Department of Applied Economics. Working papers (217)
Department of Business. Working papers (125)
Fundamentals Unit of the Economic Analysis. Working papers (528)
Economic History Unit. Working papers (125)