This paper analyses in detail the features offered by three distributions used in urban economics to describe city size distributions: lognormal, q-exponential and double Pareto lognormal, and another one of use in other areas of economics: the log-logistic. We use a large database which covers...

This paper analyzes the possible presence of Granger causality between debt and growth in 16 OECD countries from 1980 to 2009. This is done considering not only government debt but also non-financial corporate and household debt. The panel bootstrap Granger causality test applied allows us to...

Long-horizon uncovered interest parity during the post-Bretton Woods era in the G7 countries is analyzed in this paper. The main di¤erence with previous studies relies in the use of cointegration methods due to the non-stationary behavior of the variables involved. Moreover, the consideration...

If the population of a given country evolves according to Gibrat'�s Law, its growth rate will be independent of its initial size. This short paper further investigates this empirical regularity by the application of a suitable panel unit root test and non-parametric methods. The evidence...

This article predicts the relative performance of hedge fund investment styles using time-varying conditional stochastic dominance tests. These tests allow for the construction of dynamic trading strategies based on nonparametric density forecasts of hedge fund returns. During the recent...

The estimated impact of a technology shock on hours worked using Structural Vector Autoregressions (SVARs) depends to a great extent on whether or not hours worked is considered to be integrated of first order. It is shown in this article that the widely analysed time series of hours worked per...

This paper analyzes the persistence of the shock caused by the American Civil War on the relative city size distribution of the United States. Our fi…ndings suggest that the effects of this shock were permanent, which sharply contrasts with previous results regarding World War II for Japanese...

En este trabajo se lleva a cabo una evaluación de la efectividad de una política activa de empleo implementada a nivel regional. Ésta consiste en subvencionar el coste laboral de contratos suscritos por las corporaciones locales con desempleados para la realización de trabajos con un...