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Series-Journal of the Spanish Economic Association最新文献

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CO2 emissions and energy technologies in Western Europe. 西欧的二氧化碳排放和能源技术。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2021-01-01 Epub Date: 2021-05-25 DOI: 10.1007/s13209-021-00234-8
J Barrera-Santana, Gustavo A Marrero, Luis A Puch, Antonia Díaz
{"title":"CO2 emissions and energy technologies in Western Europe.","authors":"J Barrera-Santana,&nbsp;Gustavo A Marrero,&nbsp;Luis A Puch,&nbsp;Antonia Díaz","doi":"10.1007/s13209-021-00234-8","DOIUrl":"https://doi.org/10.1007/s13209-021-00234-8","url":null,"abstract":"<p><p>In this paper, we investigate the path to the green transition in Europe. In so doing, we implement an empirical model of dynamic panel data on a sample of sixteen Western European countries over the period 1980 to 2019. The model is consistent with various features of neoclassical growth theory incorporating energy use. Our focus is on the short-run determinants of carbon emissions within that set of countries. We provide evidence that the relationship between economic activity and CO2 emissions is strong in economies where economic booms depend on energy-intensive sectors. Also, the mitigating role of renewable energy technologies is key when energy intensity rebounds. These circumstances may constitute a challenge for the climate transition goals targeted in the EU's Recovery Plan, whose main objective at this very moment is to mitigate the economic and social impact of the coronavirus pandemic.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"12 2","pages":"105-150"},"PeriodicalIF":1.3,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-021-00234-8","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39034190","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: 4
The economics of the energy transition. 能源转型的经济学。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2021-01-01 Epub Date: 2021-06-02 DOI: 10.1007/s13209-021-00238-4
Natalia Fabra, Xavier Labandeira
{"title":"The economics of the energy transition.","authors":"Natalia Fabra,&nbsp;Xavier Labandeira","doi":"10.1007/s13209-021-00238-4","DOIUrl":"https://doi.org/10.1007/s13209-021-00238-4","url":null,"abstract":"","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"12 2","pages":"101-103"},"PeriodicalIF":1.3,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-021-00238-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38998815","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: 0
Seasonal adjustment of the Spanish sales daily data. 西班牙每日销售数据的季节性调整。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2021-01-01 Epub Date: 2021-11-22 DOI: 10.1007/s13209-021-00251-7
Ángel Cuevas, Ramiro Ledo, Enrique M Quilis
{"title":"Seasonal adjustment of the Spanish sales daily data.","authors":"Ángel Cuevas,&nbsp;Ramiro Ledo,&nbsp;Enrique M Quilis","doi":"10.1007/s13209-021-00251-7","DOIUrl":"https://doi.org/10.1007/s13209-021-00251-7","url":null,"abstract":"<p><p>We present a procedure to perform seasonal adjustment over daily sales data. The model adjusts daily information from the Immediate Supply of Information System for Value Added Tax declaration forms compiled by the Spanish Tax Agency. The procedure performs signal extraction and forecasting at the daily frequency, by means of an unobserved components model. The daily information allows a permanently updated monitoring of the short-term economic conditions of the Spanish economy.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"12 4","pages":"687-708"},"PeriodicalIF":1.3,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8607406/pdf/","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"39941090","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: 1
Optimal progressivity of personal income tax: a general equilibrium evaluation for Spain. 个人所得税的最优累进:西班牙的一般均衡评价。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2020-01-01 Epub Date: 2020-11-25 DOI: 10.1007/s13209-020-00226-0
Darío Serrano-Puente
{"title":"Optimal progressivity of personal income tax: a general equilibrium evaluation for Spain.","authors":"Darío Serrano-Puente","doi":"10.1007/s13209-020-00226-0","DOIUrl":"https://doi.org/10.1007/s13209-020-00226-0","url":null,"abstract":"<p><p>Is the Spanish economy positioned at its optimal progressivity level in personal income tax? This article quantifies the aggregate, distributional, and welfare consequences of moving toward such an optimal level. A heterogeneous households general equilibrium model featuring both life cycle and dynastic elements is calibrated to replicate some characteristics of the Spanish economy and used to evaluate potential reforms of the tax system. The findings suggest that increasing progressivity would be optimal, even though it would involve an efficiency loss. The optimal reform of the tax schedule would reduce wealth and income inequality at the cost of negative effects on capital, labor, and output. Finally, these theoretical results are evaluated using tax microdata and describe a current scenario where the income-top households typically face suboptimal effective average tax rates.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"11 4","pages":"407-455"},"PeriodicalIF":1.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-020-00226-0","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38315194","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: 52
Maturity and school outcomes in an inflexible system: evidence from Catalonia. 在一个不灵活的系统中，成熟度和学业成绩:来自加泰罗尼亚的证据。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2020-01-01 Epub Date: 2019-07-08 DOI: 10.1007/s13209-019-0196-6
Caterina Calsamiglia, Annalisa Loviglio
{"title":"Maturity and school outcomes in an inflexible system: evidence from Catalonia.","authors":"Caterina Calsamiglia,&nbsp;Annalisa Loviglio","doi":"10.1007/s13209-019-0196-6","DOIUrl":"https://doi.org/10.1007/s13209-019-0196-6","url":null,"abstract":"<p><p>The existence of a rigid cutoff date which determines when children start primary school creates a large heterogeneity in students' level of maturity within the classroom. We use rich administrative data of the universe of public schools in Catalonia to show that: (1) relatively younger children do significantly worse both in tests administered at the school level and at the regional level, and they experience greater retention. (2) These effects are homogeneous across SES and significant across the whole distribution of performance. (3) Younger children in our data exhibit higher dropout rates and choose the academic track in secondary school less often. (4) Younger children are more frequently diagnosed with learning disorders.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"11 1","pages":"1-49"},"PeriodicalIF":1.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-019-0196-6","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"37784068","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: 12
Job loss at home: children's school performance during the Great Recession. 在家失业:大萧条时期儿童的学习表现。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2020-01-01 Epub Date: 2020-05-29 DOI: 10.1007/s13209-020-00217-1
Jenifer Ruiz-Valenzuela
{"title":"Job loss at home: children's school performance during the Great Recession.","authors":"Jenifer Ruiz-Valenzuela","doi":"10.1007/s13209-020-00217-1","DOIUrl":"https://doi.org/10.1007/s13209-020-00217-1","url":null,"abstract":"<p><p>This paper studies the intergenerational impact of parental job loss on school performance during the Great Recession in Spain. Collecting data through parental surveys in a school in the province of Barcelona, I obtain information about the parental labour market status before and after the Great Recession. I can then link this information to repeated information on their children's school performance, for a sample of over 300 students. Using individual fixed effects, the estimates show a negative and significant decrease on average grades of around 15% of a standard deviation after father's job loss. These results are mainly driven by those students whose fathers suffer long unemployment spells. In contrast, the average impact of mother's job loss on school performance is close to zero and non-significant. The decline in school performance during the Great Recession after father's job loss, particularly among disadvantaged students, could result in detrimental long-term effects that might contribute to increased inequality. This could be an important and underemphasised cost of recessions.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"11 3","pages":"243-286"},"PeriodicalIF":1.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-020-00217-1","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38302359","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
Oil price pass-through into inflation in Spain at national and regional level. 在西班牙国家和地区层面上，石油价格传导为通货膨胀。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2020-01-01 Epub Date: 2020-10-20 DOI: 10.1007/s13209-020-00222-4
Ligia Topan, César Castro, Miguel Jerez, Andrés Barge-Gil
{"title":"Oil price pass-through into inflation in Spain at national and regional level.","authors":"Ligia Topan,&nbsp;César Castro,&nbsp;Miguel Jerez,&nbsp;Andrés Barge-Gil","doi":"10.1007/s13209-020-00222-4","DOIUrl":"https://doi.org/10.1007/s13209-020-00222-4","url":null,"abstract":"<p><p>Oil price showed sharp fluctuations in recent years which revived the interest in its effect on inflation. In this paper, we discuss the relationship between oil price and inflation in Spain, at national and regional levels, and making the distinction between energy and non-energy inflation. To this end, we fit econometric models to measure the effect of oil price shocks on inflation and to predict them under different scenarios. Our results show that almost half of the volatility of changes in total inflation is explained by changes in oil price. As could be expected, the energy component of inflation drives this effect. We also find that, under the most likely scenarios, 1-year ahead total inflation will be moderate, with relevant differences across regions.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"11 4","pages":"561-583"},"PeriodicalIF":1.3,"publicationDate":"2020-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-020-00222-4","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"38526298","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
Gorman revisited: nonparametric conditions for exact linear aggregation. Gorman重新审视了:精确线性聚合的非参数条件。
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2016-01-01 Epub Date: 2016-03-05 DOI: 10.1007/s13209-016-0140-y
Laurens Cherchye, Ian Crawford, Bram De Rock, Frederic Vermeulen
{"title":"Gorman revisited: nonparametric conditions for exact linear aggregation.","authors":"Laurens Cherchye,&nbsp;Ian Crawford,&nbsp;Bram De Rock,&nbsp;Frederic Vermeulen","doi":"10.1007/s13209-016-0140-y","DOIUrl":"https://doi.org/10.1007/s13209-016-0140-y","url":null,"abstract":"<p><p>In the tradition of Afriat (Int Econ Rev 8:67-77, 1967), Diewert (Rev Econ Stud 40:419-425, 1973) and Varian (Econometrica 50:945-972, 1982), we provide a revealed preference characterisation of exact linear aggregation. This guarantees that aggregate demand can be written as a function of prices and aggregate income alone, while abstracting from income-distributional aspects. We also establish nonparametric conditions for individual consumption to be representable in terms of Gorman Polar Form preferences. Our results are simple and complement those of Gorman (1953, 1961). We illustrate the practical usefulness of our results by means of an empirical application to a Spanish balanced microdata panel. We find strong evidence against the existence of a limited set of representative agents, which in turn seems to empirically support the need for (macroeconomic) models using a continuum of heterogeneous agents.</p>","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"7 ","pages":"203-220"},"PeriodicalIF":1.3,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1007/s13209-016-0140-y","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"34641909","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: 8
Growth and imbalances in Spain: a reassessment of the output gap 西班牙的增长与失衡:对产出缺口的重新评估
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2014-01-01 DOI: 10.2139/ssrn.2474067
Enrique Alberola Ila, A. García, Daniel Santabárbara García
{"title":"Growth and imbalances in Spain: a reassessment of the output gap","authors":"Enrique Alberola Ila, A. García, Daniel Santabárbara García","doi":"10.2139/ssrn.2474067","DOIUrl":"https://doi.org/10.2139/ssrn.2474067","url":null,"abstract":"‘The Great Recession’ was preceded by a prolonged period of high growth accompanied by low and stable inflation, the so called ‘The Great Moderation’. In Spain, a similar pattern was observed: in fact, potential growth estimates were trending upwards, implying that output gaps remained relatively contained. However, the Spanish economy was progressively accumulating other internal and external imbalances. Standard potential growth estimates, which consider inflation as the only indicator of macroeconomic imbalances, therefore provided misleading signals to the policymakers. In this paper we apply to Spain a new methodology to obtain sustainable growth rates, as an alternative measure to potential growth. Sustainable growth is defined as the output growth that does not widen macroeconomic imbalances, identified through a wide set of domestic and external indicators. We find that sustainable growth rates are more stable than potential growth resulting in an output gap that is substantially larger (in absolute value) both before and after the crisis. Another attractive feature of the results is that our measure of output gap turns out to be more robust to revisions than standard measures when ‘The Great Recession’ emerged.","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"120 1","pages":"333-356"},"PeriodicalIF":1.3,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77128603","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The econometrics of DSGE models DSGE模型的计量经济学
IF 1.3 4区 经济学
Series-Journal of the Spanish Economic Association Pub Date : 2010-01-01 DOI: 10.3386/w14677
Jesús Fernández Villaverde
{"title":"The econometrics of DSGE models","authors":"Jesús Fernández Villaverde","doi":"10.3386/w14677","DOIUrl":"https://doi.org/10.3386/w14677","url":null,"abstract":"","PeriodicalId":54185,"journal":{"name":"Series-Journal of the Spanish Economic Association","volume":"35 5 1","pages":"3-49"},"PeriodicalIF":1.3,"publicationDate":"2010-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87380724","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 31
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