We report on an experiment that uses a simple dilemma game to compare two characterizations of reciprocal behavior, differing on whether it is necesary to account for intentions in order to accurately predict and measure reciprocal actions. The design of the experiment allows us to study both...

In experiments with two-person sequential games we analyze whether responses to favorable and unfavorable actions depend on the elicitation procedure. In our "hot" treatment the second player responds to the first player's observed action while in our "cold" treatment we follow the "strategy...

We investigate experimentally whether preferences over an outcome depend on what other possible outcomes of the situation under consideration are, i.e. whether choices are "menu dependent". In simple sequential games we analyze whether reactions to a certain benchmark oucome are influenced by...

We propose a new theory of the demographic transition based on the evidence that body development during childhood is an important predictor of adult life expectancy. This theory is embodied in an OLG framework where fertility, longevity and education all result from individual decisions. The...

In this paper we analyze the long run effect of exogenous technological growth on the employment rate in a labor market with matching frictions when there is either individual or collective wage setting and different timing for setting wages, labor and capital. We obtain that the effect depends...

En este trabajo se construyen series anuales del nivel educativo de la población para España y sus regiones durante el período 1960-2011 utilizando la información que proporcionan los censos de población. Estas series actualizan y mejoran las elaboradas en de la Fuente y Doménech (2006).

This paper presents a cross validation method for selection of statistics for Approximate Bayesian Computing, and for related estimation methods such as the Method of Simulated Moments. The method uses simulated annealing to minimize the cross validation criterion over a combinatorial search...