Besley and Rosen (1998) were the first authors to empirically estimate the presence of vertical tax externalities. They tested it on gasoline and tobacco unitary taxes. However, they did not take into account the difference in cost of living across states: high cost areas pay less in real terms...

The extension of banking activities during the XIX century was mainly leaded by certain social groups related to commerce, which took profit from their experience and knowledge to spread their influence among the credit world. In the Spanish historiography, there are some works specifically...

Italys first Fascist government applied a large-scale privatization policy between 1922 and 1925. The government privatized the state monopoly of match sale, eliminated the State monopoly on life insurances, sold most of the State-owned telephone networks and services to private firms,...

In the framework of bilateral assignment games, we study the set of matrices associated with assignment markets with the same core. We state conditions on matrix entries that ensure that the related assignment games have the same core. We prove that the set of matrices leading to the same core...

This paper uses micro-level data to analyse the effect of human capital on regional wage differentials. The results for the set of Spanish regions confirm that they differ in the endowment of human capital, but also that the return that individuals obtain from it varies sharply across regions....

Most of the studies about the welfare state have focused so far on the affluent democracies. However, poorer and non-democratic countries have deserved less attention. This paper provides new evidence on the evolution of social spending in both Spain and Portugal between 1950 and 1980. Since...

La implementación del Espacio Europeo de Educación Superior en España es uno de los mayores retos que ha afrontado la Universidad en este país. No obstante no se dispone de un plan oficial conjunto de adaptación, lo que ha conducido a cierta arbitrariedad en el proceso a cada Universidad....

Competition in airline markets may be tough. In this context, network carriers have two alternative strategies to compete with low-cost carriers. First, they may establish a low-cost subsidiary. Second, they may try to reduce costs using the main brand. This paper examines a successful strategy...

A necessary condition for the coincidence of the bargaining sets dened by Shimomura (1997) and the core of a cooperative game with transferable utility is provided. To this aim, a set of payo vectors, called max-payo vectors, are introduced. This necessary condition simply checks whether these...