En este artículo se analiza desde un punto de vista teórico y en el marco de un modelo de búsqueda, los efectos ambiguos del acceso a mejores ofertas salariales sobre la probabilidad final de que un individuo acepte un empleo. A fin de superar dicha ambigüedad analizamos los efectos sobre el...

An important challenge to evolutionary economics consists of how to tackle with the dramatic tension between purposeful human action and the ‘blindness’ of evolutionary processes. On the one hand, economic action, if rational, has to be planned (which implies purposeful ordering of the means...

Taking into account the negative relationship between fertility and female labour participation due to the necessity of dedicating more time to childcare, in this paper we analyse, with a logit model and using microdata from the Spanish Labour Force Survey, the effect of having a newly born...

We use a flexible parametric hyperbolic distance function to estimate environmental efficiency when some outputs are undesirable. Cuesta and Zofio (J. Prod. Analysis (2005), 31-48) introduced this distance function specification in conventional input-output space to estimate technical efficiency...

We rely on efficiency analysis to evaluate the Spanish R&D public policy based on financial incentives, and investigate to what extent this instrument has been able to promote a multidimensional research output mix, contributing to the articulation of a successful Spanish Food Innovation System....

Sometimes, theoreticians explicitly state that they consider their models as examples. When this is not the case, it is fairly common for theoreticians to attribute to their models the characteristics and objectives of illustrative examples. However, this way of understanding models has not...

In games with multiple equilibria, the fairest equilibrium –in case one exists- may be the obvious solution for some players but not for others, and players can be aware of this heterogeneity. This paper theoretically explores how coordination could be achieved in this case. The model is...

El presente trabajo pretende desagregar el capital humano en sus dos componentes principales: la educación formal en la escuela y la formación en el trabajo. Analizando el comportamiento de ambas formas de acumulación de capital humano por separado, se pretende conseguir un mejor conocimiento...

This paper shows that a model which combines sticky price and sticky wages with investment in the cash-in-advance constraint generates business cycle dynamics consistent with empirical evidence. The model reproduces the responses of the key macroeconomic variables to technology and money supply...

El objetivo de este artículo es analizar los efectos derivados de la existencia de imperfecciones en los mercados de deuda sobre la evolución del capital productivo de las empresas. Las imperfecciones que se consideran son, la existencia de primas sobre el nivel de endeudamiento, y el...