发布求助
文献互助 智能选刊 最新文献

Investigacion Economica最新文献

筛选
英文 中文
Optimal transmission tariff regulation for the Southern Baja-Californian electricity network system 南下加利福尼亚电网系统的最优输电电价调控
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-07-01 DOI: 10.1016/j.inveco.2017.12.001
Rubí Espinosa , Juan Rosellón
{"title":"Optimal transmission tariff regulation for the Southern Baja-Californian electricity network system","authors":"Rubí Espinosa ,&nbsp;Juan Rosellón","doi":"10.1016/j.inveco.2017.12.001","DOIUrl":"10.1016/j.inveco.2017.12.001","url":null,"abstract":"<div><p>The tariff imposed over the use of electricity transmission networks is one critical factor to achieve efficiency in electricity markets. In Mexico, the current transmission network tariffs are based on long run marginal costs. We propose an incentive pricecap mechanism and apply it to the meshed network system in the isolated electricity system of Southern Baja California, Mexico. We further compare the current transmission tariffs set by the Mexican regulator (<span>cre</span>) with the tariffs resulting from our regulatory scheme. We show that our mechanism prices the network at tariffs rendering superior welfare compared to the tariffs determined by Mexican authorities.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 301","pages":"Pages 3-56"},"PeriodicalIF":0.6,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.12.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43526200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
European households’ incomes since the crisis 危机以来欧洲家庭的收入
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-07-01 DOI: 10.1016/j.inveco.2017.12.002
Valeria Cirillo , Marcella Corsi , Carlo D’Ippoliti
{"title":"European households’ incomes since the crisis","authors":"Valeria Cirillo ,&nbsp;Marcella Corsi ,&nbsp;Carlo D’Ippoliti","doi":"10.1016/j.inveco.2017.12.002","DOIUrl":"10.1016/j.inveco.2017.12.002","url":null,"abstract":"<div><p>We explore the link between personal and functional income distribution at the micro level. We focus on the European experience over the crisis, comparing European households’ incomes in 2007, 2012 and 2014. Throughout the period, most households earned income from more than one source, and a positive relation exists between both the capital and labour shares of incomes and total household incomes. We find that functional distribution, <em>i.e</em>. what kind of income a household earns, significantly affects both its position in the income distribution and its chances of mobility within it, and such impact is magnified by the crisis. However, the geography of European households’ incomes is much more complex than frequently suggested. In general, the more households depend on labour incomes the more likely they were to move downwards in the income distribution. However, this does not imply that capital incomes made households more likely to move upwards.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 301","pages":"Pages 57-85"},"PeriodicalIF":0.6,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.12.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47880871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Exports and employment in the Spanish economy: A repetitive pattern 西班牙经济中的出口和就业:一种重复模式
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-07-01 DOI: 10.1016/j.inveco.2017.12.005
Milagros Dones Tacero , María Isabel Heredero de Pablos , Santos M. Ruesga Benito
{"title":"Exports and employment in the Spanish economy: A repetitive pattern","authors":"Milagros Dones Tacero ,&nbsp;María Isabel Heredero de Pablos ,&nbsp;Santos M. Ruesga Benito","doi":"10.1016/j.inveco.2017.12.005","DOIUrl":"10.1016/j.inveco.2017.12.005","url":null,"abstract":"<div><p>This paper focuses on future job creation in Spain through exports. Our analysis covers direct, induced, or indirect job creation, based on exports output and inputs demanded by exports. We carried out estimations of symmetrical Input-Output Tables (<span>iot</span>) from 2010 to 2020, as an instrument to analyze the impacts of exports on Spanish economy and employment.</p><p>The main conclusions deal with Spanish exports within sectorial production chains, the spillover effect of those exports on the domestic economy, and, by extension, their effect on job creation and the balance of payments. Thus, one of the main contributions of this paper, not much explored in current economic literature, is the continuity of the entrepreneurial structure of Spain's export sector. This entails a dual structure: A very few high-volume exporting companies that create few jobs, and a large amount of small exporting companies that create more jobs. We surmise that this structure will continue to exist over the following years. A conclusion of our investigation is that as Spain's export sector increases its participation in global production chains, there will be few net jobs created by exported output.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 301","pages":"Pages 137-169"},"PeriodicalIF":0.6,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.12.005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47109202","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 9
The General Theory at 80: Reflections on the history and enduring relevance of Keynes’ economics 80岁的通论：对凯恩斯经济学的历史和持久相关性的思考
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-07-01 DOI: 10.1016/j.inveco.2017.12.003
Thomas Palley
{"title":"The General Theory at 80: Reflections on the history and enduring relevance of Keynes’ economics","authors":"Thomas Palley","doi":"10.1016/j.inveco.2017.12.003","DOIUrl":"10.1016/j.inveco.2017.12.003","url":null,"abstract":"<div><p>This paper reflects on the history and enduring relevance of Keynes’ economics. Keynes unleashed a devastating critique of classical macroeconomics and introduced a new replacement schema that defines macroeconomics. The success of the Keynesian revolution triggered a counter-revolution that restored the classical tradition and now enforces a renewed classical monopoly. That monopoly has provided the intellectual foundations for neoliberalism which has produced economic and political conditions echoing the 1930s. Openness to Keynesian ideas seems to fluctuate with conditions, and current conditions are conducive to revival of the Keynesian revolution. However, a revival will have to overcome the renewed classical monopoly.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 301","pages":"Pages 87-101"},"PeriodicalIF":0.6,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.12.003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44816715","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 6
Algunos hechos estilizados y explicativos sobre el diferencial y la discriminación salarial por sexo en México, 1987-2015 1987-2015年墨西哥性别工资差异和歧视的一些程式化和解释性事实
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-07-01 DOI: 10.1016/j.inveco.2017.12.004
Miguel Ángel Mendoza González , María Elena Cardero García , Alejandra Sarahí Ortiz García
{"title":"Algunos hechos estilizados y explicativos sobre el diferencial y la discriminación salarial por sexo en México, 1987-2015","authors":"Miguel Ángel Mendoza González ,&nbsp;María Elena Cardero García ,&nbsp;Alejandra Sarahí Ortiz García","doi":"10.1016/j.inveco.2017.12.004","DOIUrl":"10.1016/j.inveco.2017.12.004","url":null,"abstract":"<div><p>This paper aims to analyze some stylized and explanatory facts about income differentials by monthly and hourly income in Mexico for the period 1987-2015. The explanatory power of human capital theory, synthesized in years of schooling, training and experience, is evaluated using the Blinder-Oaxaca methodology, which weighs the explanatory factors of endowments, full wage discrimination and factors not considered represented by the constants. The results show, in general, that the endowments of human capital have a temporary and partial effect, so that the trends of the hourly and monthly long-term earnings differentials are mainly explained by the behavior of wage discrimination and endowments of years of experience. Schooling as a factor of discrimination was relevant only for the period prior to the 1995 economic crisis and <span>nafta</span>, while the training factor has small and intermittent effects throughout the period of analysis.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 301","pages":"Pages 103-135"},"PeriodicalIF":0.6,"publicationDate":"2017-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.12.004","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44526990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 7
Reducing the race to the bottom: A primer on a global floor for minimum wages 减少逐底竞争:全球最低工资标准入门
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-04-01 DOI: 10.1016/j.inveco.2017.03.001
José Caraballo Cueto
{"title":"Reducing the race to the bottom: A primer on a global floor for minimum wages","authors":"José Caraballo Cueto","doi":"10.1016/j.inveco.2017.03.001","DOIUrl":"10.1016/j.inveco.2017.03.001","url":null,"abstract":"<div><p><strong>A</strong> “race towards the bottom” in very poor countries is a policy that deliberately depresses wages to attain higher competitiveness in the global market. This policy distorts the comparative advantages that would emerge in the absence of such an economic policy and also induces lower purchasing power, leading to suboptimal consumption. There are barely any theoretical models (to our knowledge) showing the impact of a global minimum for minimum wages. We found that, under such circumstances, a global lower bound for minimum wages that re-establishes the competitive wage rate in very poor countries represents a Pareto improvement: It enhances the markets due to the expansion in sales caused by the increase in real wages of the vast majority (workers). One of the innovations of this primer is to apply a simple <span>dsge</span> model to the macroeconomic consequences of a global minimum for minimum wages.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 300","pages":"Pages 33-51"},"PeriodicalIF":0.6,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.03.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49068232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 3
Análisis comparativo de la desigualdad salarial entre México y Estados Unidos 墨西哥和美国工资不平等的比较分析
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-04-01 DOI: 10.1016/j.inveco.2017.02.004
Cuauhtémoc Calderón Villarreal , Luis Huesca Reynoso , Gloria Lizeth Ochoa Adame
{"title":"Análisis comparativo de la desigualdad salarial entre México y Estados Unidos","authors":"Cuauhtémoc Calderón Villarreal ,&nbsp;Luis Huesca Reynoso ,&nbsp;Gloria Lizeth Ochoa Adame","doi":"10.1016/j.inveco.2017.02.004","DOIUrl":"10.1016/j.inveco.2017.02.004","url":null,"abstract":"<div><p>The structure of the labor demand in the industrialized countries has changed and has caused an increase in the wage inequality among the different groups of workers (skilled and unskilled), while, in the developing countries this inequality has decreased. The actual paper analyses the factors that determine the wage inequality that exists between countries with bordering borders, like Mexico and the United States of America. The statistical analysis was developed for the 2005-2012 period, with data from the <em>Encuesta Nacional de Ocupación y Empleo</em> (<span>enoe</span>) and the <em>Current Population Survey</em> (<span>cps</span>). It was disaggregated the Gini Index with an approach of cooperative games. The results revealed that in Mexico, during the analyzed period, the wage inequality was reduced, while in the United States, it increased.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 300","pages":"Pages 3-31"},"PeriodicalIF":0.6,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.02.004","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42710246","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 5
Pronóstico de precios de petróleo: una comparación entre modelos garch y redes neuronales diferenciales 石油价格预测:garch模型与差分神经网络的比较
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-04-01 DOI: 10.1016/j.inveco.2017.06.002
Francisco Ortiz Arango
{"title":"Pronóstico de precios de petróleo: una comparación entre modelos garch y redes neuronales diferenciales","authors":"Francisco Ortiz Arango","doi":"10.1016/j.inveco.2017.06.002","DOIUrl":"10.1016/j.inveco.2017.06.002","url":null,"abstract":"<div><p>The aim of this paper is to show the advantages of the use of neural networks differentials (<span>rnd</span>) as an efficient alternative method in calculating the forecasts of future prices of financial assets, for which a comparison is made with models of the <span>garch</span> family, to carry out the forecast of future closing price of crude oil barrels, types West Texas International and Brent. The results shows that the use of <span>rnd</span> has essentially the same accuracy as the values obtained with the <span>tgarch</span> (1,1) model and are superior to those obtained by the <span>garch</span> (1,1) model to calculate price forecasts barrels of crudes Brent and <span>wti</span> respectively during the period of description, from January 2, 2013 to February 24, 2015 and the forecast period from February 25 to March 10, 2015. However, the effort made to obtain such results with the family of <span>garch</span> models is significantly higher than when using the <span>rnd</span>, this supports the proposal to use the <span>rnd</span> as a reliable alternative method in the analysis of time series.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 300","pages":"Pages 105-126"},"PeriodicalIF":0.6,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.06.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48442393","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
Crecimiento, competitividad y restricción externa en América Latina 拉丁美洲的增长、竞争力和外部约束
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-04-01 DOI: 10.1016/j.inveco.2017.06.001
Heri Oscar Landa Díaz , Rosalinda Arriaga Navarrete
{"title":"Crecimiento, competitividad y restricción externa en América Latina","authors":"Heri Oscar Landa Díaz ,&nbsp;Rosalinda Arriaga Navarrete","doi":"10.1016/j.inveco.2017.06.001","DOIUrl":"10.1016/j.inveco.2017.06.001","url":null,"abstract":"<div><p>The paper is aimed at empirically assessing both the Marshall-Lerner condition and Thirlwall's hypothesis of external constraint on economic growth for the case of Latin American. Our goal is twofold: on the one hand, the role of the exchange rate in the trade balance equilibrium is dealt with and, on the other hand, we look at the effect of the current account balance on economic dynamics. A dynamic panel (Pooled Mean Group) is applied for hypothesis testing on a sample of data of countries such as Argentina, Brazil, Chile, Colombia and Mexico for the period 1994-2015. Our main results suggest that: 1) an improvement in the real exchange rate in the long run tend to improve the trade balance, and 2) the long-term growth path of an economy is demand-determined, with the export sector as the dynamic drive.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 300","pages":"Pages 53-80"},"PeriodicalIF":0.6,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2017.06.001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41300254","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 11
Does the number of borrowers per loan officer influence microfinance institution asset quality? A stochastic frontier analysis 每个信贷员的借款人数量是否影响小额信贷机构的资产质量?随机前沿分析
IF 0.6 4区 经济学
Investigacion Economica Pub Date : 2017-04-01 DOI: 10.1016/j.inveco.2016.11.007
Debdatta Pal , Subrata K. Mitra
{"title":"Does the number of borrowers per loan officer influence microfinance institution asset quality? A stochastic frontier analysis","authors":"Debdatta Pal ,&nbsp;Subrata K. Mitra","doi":"10.1016/j.inveco.2016.11.007","DOIUrl":"10.1016/j.inveco.2016.11.007","url":null,"abstract":"<div><p>Employing stochastic frontier analysis, this paper explores whether there is trade-off between the number of borrowers per loan officer and microfinance institution (<span>mfi</span>) asset quality, represented by the portfolio value at risk. It uses a dataset with information from 1,575 <span>mfi</span>s from 109 countries for the period 2006-2013. We find corroborative evidence that there is no trade-off between the number of borrowers per loan officer and <span>mfi</span> asset quality, which contravenes the conventional wisdom. We show that <span>mfi</span>s have reaped the benefit of economies of scale without compromising asset quality. These findings remain significant across ownership types and regardless of deposit-taking status.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"76 300","pages":"Pages 81-103"},"PeriodicalIF":0.6,"publicationDate":"2017-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2016.11.007","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47906011","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 13
首页 上一页 下一页 尾页
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整，为了账户安全，请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
请完成安全验证×
相关产品
×
本文献相关产品
联系我们：info@booksci.cn Book学术提供免费学术资源搜索服务，方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号：481959085
Book学术官方微信