A buyer with downward sloping demand faces a number of unit-supply sellers. This paper characterizes optimal auctions in this setting. For the symmetric case, a uniform auction (with price equal to lowest rejected offer) is optimal whencomplemented with reserve prices for different quantities...

España avanza hacia el final de 2014 por un camino en el que se observan señales positivas de corrección de los desequilibrios que han agravado la crisis y de recuperación de la actividad. Al mismo tiempo, se hacen más evidentes los enormes desafíos a los que hemos de responder para...

Lograr que España vuelva a una senda estable de crecimiento requiere caminar hacia un modelo de crecimiento basado principalmente en las ganancias de productividad. Para ello las transformaciones en el ámbito de la empresa son esenciales. Este libro estudia la empresa española y su entorno...

This working paper analyzes the impact of social capital on economic growth in Spain during the 1985-2005 period. The literature in this context is virtually nonexistent and, in addition, whereas most studies, regardless of their context, have used survey data in order to measure social capital,...

This working paper refers to the evaluation of health states when equity matters. We propose an evaluation formula that incorporates equity concerns from an equality of opportunity viewpoint and is applicable to categorical data, such as self-reported qualitative health states. An empirical...

This working paper examines the consequences of the role played by the female population in the labor market with respect to the demand for care within the framework of a new demographic order. Female labor participation not only has clear economic implications but also, from a demographic point...

There is consensus in the literature about the need to control for socioeconomic status and other contextual variables at student and school level in the estimation of value added models, for which methodologies rely on hierarchical linear models. However, this approach is problematic because...

This working paper compares childcare and nursery education across three European countries: Sweden, Germany and Spain. This analysis forms the basis of a discussion on the productive value attributed to childcare and nursery education in each of those three societies, with reference to the...

Este documento de trabajo utiliza el enfoque de fronteras parciales para analizar la eficiencia de los centros educativos. Se calcula el indicador de máximo output potencial en referencia a la magnitud en que podrían mejorar los resultados de la escuela, ya sea manteniendo las condiciones...

Este trabajo profundiza en la línea de investigación de la Fundación BBVA y el Ivie sobre productividad y crecimiento, analizando las diferencias de productividad (del trabajo y total de los factores, que incluye el diferente uso del capital y no solo el trabajo) entre las empresas españolas...