Spanish Economic Review最新文献

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Behavior in one-shot traveler’s dilemma games: model and experiments with advice 一次旅行者困境博弈中的行为:建议的模型和实验
Spanish Economic Review Pub Date : 2007-05-16 DOI: 10.1007/S10108-006-9019-6
Susana Cabrera, C. M. Capra, Rosario Gomez
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引用次数: 22
Economic models based on Pareto and Gamma random variables 基于Pareto和Gamma随机变量的经济模型
Spanish Economic Review Pub Date : 2007-02-28 DOI: 10.1007/S10108-007-9026-2
S. Nadarajah
{"title":"Economic models based on Pareto and Gamma random variables","authors":"S. Nadarajah","doi":"10.1007/S10108-007-9026-2","DOIUrl":"https://doi.org/10.1007/S10108-007-9026-2","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116467221","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
A representation of consistent binary relations 一致二元关系的表示
Spanish Economic Review Pub Date : 2007-02-28 DOI: 10.1007/S10108-007-9024-4
A. Andrikopoulos
{"title":"A representation of consistent binary relations","authors":"A. Andrikopoulos","doi":"10.1007/S10108-007-9024-4","DOIUrl":"https://doi.org/10.1007/S10108-007-9024-4","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"40 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121967662","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 8
Economic inequality in Spain: the european community household panel dataset 西班牙的经济不平等:欧洲共同体家庭面板数据集
Spanish Economic Review Pub Date : 2007-02-14 DOI: 10.1007/S10108-006-9008-9
Santiago Budría, Javier Dı́az-Giménez
{"title":"Economic inequality in Spain: the european community household panel dataset","authors":"Santiago Budría, Javier Dı́az-Giménez","doi":"10.1007/S10108-006-9008-9","DOIUrl":"https://doi.org/10.1007/S10108-006-9008-9","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"28 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133377802","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 21
Monetary Rules and Deficit Shocks 货币规则和赤字冲击
Spanish Economic Review Pub Date : 2007-02-14 DOI: 10.1007/S10108-006-9009-8
Barbara Annicchiarico, A. Piergallini
{"title":"Monetary Rules and Deficit Shocks","authors":"Barbara Annicchiarico, A. Piergallini","doi":"10.1007/S10108-006-9009-8","DOIUrl":"https://doi.org/10.1007/S10108-006-9009-8","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115478172","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Are low-price promises collusion guarantees? An experimental test of price matching policies 低价承诺是共谋保证吗?价格匹配政策的实验检验
Spanish Economic Review Pub Date : 2007-02-14 DOI: 10.1007/S10108-006-9012-0
E. Fatas, J. Máñez
{"title":"Are low-price promises collusion guarantees? An experimental test of price matching policies","authors":"E. Fatas, J. Máñez","doi":"10.1007/S10108-006-9012-0","DOIUrl":"https://doi.org/10.1007/S10108-006-9012-0","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"8 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130176344","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 27
Cartel formation and managerial incentives 卡特尔形成与管理激励
Spanish Economic Review Pub Date : 2007-01-13 DOI: 10.1007/S10108-006-9023-X
Norma Olaizola
{"title":"Cartel formation and managerial incentives","authors":"Norma Olaizola","doi":"10.1007/S10108-006-9023-X","DOIUrl":"https://doi.org/10.1007/S10108-006-9023-X","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"327 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116002185","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Jobs specialization versus unemployment: more on the productivity effect of unemployment benefits 工作专业化与失业:更多关于失业救济金对生产率的影响
Spanish Economic Review Pub Date : 2007-01-12 DOI: 10.1007/S10108-006-9022-Y
Samir Amine, Frédéric Gavrel, Isabelle Lebon
{"title":"Jobs specialization versus unemployment: more on the productivity effect of unemployment benefits","authors":"Samir Amine, Frédéric Gavrel, Isabelle Lebon","doi":"10.1007/S10108-006-9022-Y","DOIUrl":"https://doi.org/10.1007/S10108-006-9022-Y","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"131 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2007-01-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"115772492","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Globalization, intellectual property, and economic prosperity 全球化、知识产权和经济繁荣
Spanish Economic Review Pub Date : 2006-12-31 DOI: 10.1007/S10108-005-0100-3
M. Boldrin, D. Levine
{"title":"Globalization, intellectual property, and economic prosperity","authors":"M. Boldrin, D. Levine","doi":"10.1007/S10108-005-0100-3","DOIUrl":"https://doi.org/10.1007/S10108-005-0100-3","url":null,"abstract":"","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"92 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122451117","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
Option-implied preferences adjustments, density forecasts, and the equity risk premium 期权隐含偏好调整、密度预测和股票风险溢价
Spanish Economic Review Pub Date : 2006-11-27 DOI: 10.2139/ssrn.947512
Francisco Alonso, Roberto Blanco, Gonzalo Rubio
{"title":"Option-implied preferences adjustments, density forecasts, and the equity risk premium","authors":"Francisco Alonso, Roberto Blanco, Gonzalo Rubio","doi":"10.2139/ssrn.947512","DOIUrl":"https://doi.org/10.2139/ssrn.947512","url":null,"abstract":"The main objective of this paper is to analyse the value of information contained in prices of options on the IBEX 35 index at the Spanish Stock Exchange Market. The forward looking information is extracted using implied risk-neutral density functions estimated by a mixture of two-lognormals and several alternative risk adjustments. Our results show that, between October 1996 and March 2000, we can reject the hypothesis that the risk-neutral densities provide accurate predictions of the distributions of future realisations of the IBEX 35 index at 4- and 8-week horizons. When forecasting through risk-adjusted densities the performance of this period is statistically improved and we no longer reject that hypothesis. We show that risk adjustments based on a power specification for the stochastic discount factor—which is the approach used so far in the literature that derives the objective density function from option prices- generates an excessive volatility of risk premia. We use alternative risk adjustments and find that the forecasting performance of the distribution improves slightly in some cases when risk aversion is allowed to be time-varying. Finally, from October 1996 to December 2004, the ex-ante risk premium perceived by investors and that are embedded in option prices is between 12 and 18% higher than the premium required to compensate the same investors for the realised volatility in stock market returns.","PeriodicalId":344961,"journal":{"name":"Spanish Economic Review","volume":"10 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2006-11-27","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129422239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 54
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