Group for Research in Economics and Finance

Publications

Selected publications

WTI Crude Oil Option Implied VaR and CVaR: An Empirical Application
Barone-Adesi, G.; Finta, M.A.; Legnazzi, C.;Sala, C. (2019)
Journal of Forecasting, Vol 38, Issue 6, pp. 552-563
+ INFO

Option‐Implied Risk Measures: An Empirical Examination on the S&P 500 Index 
Barone-Adesi, G.; Legnazzi, C.; Sala, C. (2019)
International Journal of Finance and Economics, pp.1-20 
+ INFO

Testing Market Efficiency with the Pricing Kernel 
Barone-Adesi, G.; Sala, C. (2019)
European Journal of Finance, Vol 25,13, pp.1166-1193 
+ INFO

Growth  Options  and  Related  Stock  Market  Anomalies:   Profitability,  Distress,
Lotteryness,  and Volatility
(forthcoming)
Bali, T.; Del Viva, L.; Lambertides, N.; Trigeorgis, L. (2019)
Journal of Financial and Quantitative Analysis. pp. 1-66. 
+ INFO

Competitive Presssure Widens the Gender Gap in Performance: Evidence from a Two-Stage Competition in Mathematics
Iriberri, N., Rey-Biel, P. (2019) 
The Economic Journal, Vol 129(620), pp. 1863–1893.
+ INFO

Performance measurement systems as generators of cognitive conflict in ambidextrous firms
Bedford , D., Bisbe, J. & Sweeney, M. (2019)
Accounting, Organizations and Society, 72 (1), pp. 21-37. 
+ INFO

Volatility discovery: Can the CDS market beat the equity options market?
Forte, S. & Lovreta, L. (2019)
Finance Research Letters, 28 , pp. 107-111.
+ INFO

Retained earnings, interest rates and lending relationship
Dumitrescu, A.  (2019) 
The B.E. Journal of Theoretical Economics, 1 (19), pp. 110-121.
+ INFO

Market frictions, investor sophistication, and persistence in mutual fund performance
Dumitrescu, A. & Gil Bazo, J. (2018). 
Journal of Financial Markets, 40 (-), pp. 40-59.
+ INFO

Silent financial interests and product innovation
Bayona Font, A. & López, Á. (2018)
Economics Letters, 170, p. 109 – 112 
+ INFO

Dynamic fiscal competition: A political economy theory
Arcalean, C. (2018)
Journal of Public Economics, 164, p. 211 – 224
+ INFO

The social value of information with an endogenous public signal
Bayona, A. (2018). 
Economic Theory, 66 (4), pp. 1059-1087.
+ INFO

Capital allocation and productivity in South Europe
Gopinath, G., Kalemli-Ozcan, Sebnem, Karabarbounis, L. & Villegas Sanchez, C. (2017).
Quarterly Journal of Economics, 132 (4), pp. 1915-1967.
+ INFO

Management control and trust in virtual settings: A case study of a virtual new product development team
Bisbe, J. & Sivabalan, P. (2017).
Management Accounting Research, 37 (December 2017), pp. 12-29.
+ INFO

Specialization, risk sharing and the Euro
Ballabriga Clavería, F. & Villegas Sanchez, C. (2017)
Journal of Common Market Studies, 55 (6), pp. 1380-1397.
+ INFO

Do product market threats affect analyst forecast precision?
Mattei, M. & Platikanova, P. (2017)
Review of Accounting Studies, 22 (4), pp. 1628-1665.
+ INFO

Investor-legislators: Tax holiday for politically connected firms
Platikanova, P. (2017) 
The British Accounting Review, 4 (49), pp. 380-398.
+ INFO

Real options, idiosyncratic skewness, and diversification
Del Viva, L., Kasanen, E. & Trigeorgis , L. (2017)
Journal of Financial and Quantitative Analysis, 52 (1), pp. 215-241.
+ INFO

International tax competition and the deficit bias
Arcalean, C. (2017).
Economic Inquiry, 55 (1), pp. 51-72.
+ INFO

Stereotypes are Only a Threat when Beliefs are Reinforced. On the Sentitivity of Gender Differences in Performance under Competition to Information Provision
Iriberri, N.; Rey-Biel, P. (2017)
Journal of Economic Behavior and Organization, Vol 135, pp. 99-111
+ INFO

Debt maturity and tax avoidance
Platikanova, P. (2017).
European Accounting Review, 26 (1), pp. 97-124.
+ INFO

What hinders investment in the aftermath of financial crises? Insolvent firms or illiquid banks
Kalemli-Ozcan, Sebnem, Kamil , H. & Villegas Sanchez, C. (2016) 
Review of Economics and Statistics, (98), pp. 756-769.
+ INFO

Conditioning the information in portfolio optimization
Sala, Carlo & Barone-Adesi, G. (2016)
Journal of Mathematical Finance, 6 (4), pp. 598-625.
+ INFO

Firm geographic dispersion and financial analysts forecasts
Platikanova, P. & Mattei, M. (2016)
Journal of Banking & Finance, 64 (March 2016), pp. 71-89.
+ INFO

Information and investment under uncertainty
Dumitrescu, A. & Gil Bazo, J. (2016).
Economics Letters, 148 (-), pp. 17-22.
+ INFO

Capital mobility, public spending externalities and growth
Arcalean, C. (2016).
Economics Bulletin, (36), pp. 22-28.

Performance and determinants of the Merton structural model: Evidence from hedging coefficients
Del Viva, L. & Barsotti, F. (2015)
Journal of Banking & Finance, 58 (2015), pp. 95-111.
+ INFO

Optimal higher education enrollment and productivity externalities in a two-sector model
Meier, V. & Schiopu, I. (2015). 
Journal of Public Economics, 121 (1), pp. 1-13. 
+ INFO

How control systems influence product innovation processes: The role of entrepreneurial orientation
Bisbe, J. & Malagueño de Santana, R. (2015). 
Accounting and Business Research, 45 (3), pp. 356-386. 
+ INFO

Time-varying credit risk discovery in the stock and CDS markets: Evidence from quiet and crisis times.
Forte, S. & Lovreta, L. (2015).  
European Financial Management, 21 (3), pp. 430-461. 
+ INFO

Financing Decisions: the Case for Convertible Bonds (forthcoming)
El Hefnawy, M.; Del Viva, L.
International Review of Financial Analysis 

Previous publications


Ansotegui Olcoz, M. (2014). Shadow banking. Harvard Deusto Business Review, (240), pp. 58-70.

 

Ballabriga Clavería, F. (2014). The world economy of the early 21st century. Globalization and the great recession. New York: McGraw-Hill .

 

Ansotegui Olcoz, M., Gómez Bezares , F. & González Fabre , R. (2014). Etica de las finanzas. Bilbao: Desclée de Brouwer.

 

Arcalean, C. & Schiopu, I. (2014). Inequality, opting-out and public education funding. CESifo Working papers (5115). Munich: CESifo Group

 

Ballabriga Clavería, F. & Villegas Sanchez, C. (2014). Sectoral structure, risk sharing and the Euro. ESADE working paper (255). Barcelona: ESADE

 

Meier, V. & Schiopu, I. (2015). Why academic quality in higher education declines. CESifo Working papers (5480). Munich: CESifo Group

 

Dumitrescu, A. (2015). Corporate governance, disclosure and market liquidity. SSRN working paper series (1356204). Rochester: Social Science Research Network (SSRN)

 

Dumitrescu, A. & Gil Bazo, J. (2015). Familiarity and competition: The case of mutual funds. Barcelona GSE working paper series (815). Barcelona: Barcelona Graduate School of Economics. http://research.barcelonagse.eu/tmp/working_papers/815.pdf

 

Dumitrescu, A. & Gil Bazo, J. (2015). Market frictions, investor heterogeneity, and persistence in mutual fund performance. Barcelona GSE working paper series (816). Barcelona: Barcelona Graduate School of Economics. http://research.barcelonagse.eu/tmp/working_papers/816.pdf

 

Juhn, C., Ujhelyi, G. & Villegas Sanchez, C. (2014). Men, women, and machines: How trade impacts gender inequality. Journal of Development Economics, (106), pp. 179-193. DOI: 10.1016/j.jdeveco.2013.09.009.

 

Aguayo-Tellez , E., Airola , J., Juhn, C. & Villegas Sanchez, C. (2013). Did trade liberalization help women? The case of Mexico in the 1990s. Research in Labor Economics, (38), pp. 1-35. DOI: 10.1108/S0147-9121(2013)0000038001.

 

Bisbe, J. & Cano Giner, J. (2013). Santander MIS America. Case Research Journal, 33 (3-4), pp. 45-66.

 

Ansotegui Olcoz, M. & Palau Montañana, J. (2014). Valoración de empresas en dificultades. In Lloret Villota , J. (Coord.), La venta de la unidad productiva en sede concursal (pp. 177-228). Barcelona; L'Hospitalet de Llobregat: Editorial Bosch.

 

Dumitrescu, A. & Gil Bazo, J. (2014). Market frictions, investor sophistication and persistence in mutual fund performance. IDEA RePec (0). [s.n.]. https://www.esade.edu/itemsweb/research/gref/repec/Dumitrescu.GilBazo.pdf

 

Ballabriga Clavería, F. (2014). Euro zone crisis: Diagnosis and likely solutions. ESADE working paper (253). Barcelona: ESADE

 

Juhn, C., Ujhelyi, G. & Villegas Sanchez, C. (2013). Trade liberalization and gender inequality. American Economic Review, Papers and (3), pp. 269-273.

 

Bisbe, J. & Barrubés Sol, J. (2012). El cuadro de mando integral como instrumento para la evaluación y el seguimiento de la estrategia en las organizaciones sanitarias. Revista Española de Cardiología, 65 (10), pp. 919-927.

 

Bisbe, J. & Barrubés Sol, J. (2012). The balanced scorecard as a management tool for assessing and monitoring strategy implementation in health care organizations. Revista Española de Cardiología, 65 (10), pp. 919-927.

 

Bisbe, J. & Malagueño de Santana, R. (2012). Using strategic performance measurement systems for strategy formulation: Does it work in dynamic environments?. Management Accounting Research, 23 (4), pp. 296-311.

 

Platikanova, P. & Perramon , J. (2012). Economic consequences of the first-time IFRS introduction in Europe. Revista Española de Financiación y Contabilidad, XLI (156), pp. 497-519.

 

Kalemli-Ozcan, Sebnem & Villegas Sanchez, C. (2013). The role of multinational corporations in financial globalization. In Caprio , G. (Ed.), The evidence and impact of financial globalization (pp. 321-332). Amsterdam: Elsevier.

 

Juhn, C., Ujhelyi, G. & Villegas Sanchez, C. (2012). Men, women, and machines: How trade impacts gender inequality. NBER working papers series (18106). Cambridge: National Bureau of Economic Research (NBER). http://www.nber.org/papers/w18106

 

Del Viva, L., Kasanen, E. & Trigeorgis , L. (2013). Growth options as determinants of skewness. ESADE working paper (247). Barcelona: ESADE

 

Fons-Rosen , C., Kalemli-Ozcan, Sebnem, Sorensen, Bent, Villegas Sanchez, C. & Volosovych , V. (2013). Quantifying productivity gains from foreign investment. NBER working papers series (18920). Cambridge: National Bureau of Economic Research (NBER)

 

Barucci, Emilio & Del Viva, L. (2012). Countercyclical contingent capital. Journal of Banking & Finance, 36 (6), pp. 1688-1709.

 

Forte Arcos, S. & Lovreta, L. (2012). Endogenizing exogenous default barrier models: The MM algorithm. Journal of Banking & Finance, 36 (6), pp. 1639-1652.

 

Arcalean, C., Glomm , G. & Schiopu, I. (2012). Growth effects of spatial redistribution policies. Journal of Economic Dynamics & Control, 36 (7), pp. 988-1008.

 

Forte Arcos, S. (2011). Calibrating structural models: A new methodology based on stock and credit default swap data. Quantitative Finance, 11 (12), pp. 1745-1759.

 

Ballabriga Clavería, F. (2012). Economic Overview. January 2012. Informe Económico, (Special issue), pp. 1-13.

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2012). Radiografía del gasto público en España. Informe Económico, (13), pp. 11-21.

 

Ansotegui Olcoz, M., Bassiouny Mohamed, A. & Tooma , E. (2012). The law of one price in global depository receipts: Empirical evidence from cross-listed Egyptian equities. Middle Eastern Finance and Economics, (17), pp. 33-44.

 

Barucci, Emilio & Del Viva, L. (2013). Dynamic capital structure and the contingent capital option. Annals of Finance, 9 (3), pp. 337-364. DOI: 10.1007/s10436-012-0188-z.

 

Ansotegui Olcoz, M. & Bassiouny Mohamed, A. (2013). An investigation of intraday price discovery in cross listed emerging market equities. Investment Analysts Journal, (77), pp. 55-67.

 

Ballabriga Clavería, F., Comajuncosa Ferrer, J., Sayeras Maspera, J., Laborda Coronil, A. & Parra Llanas , X. (2012). Informe económico. Enero 2012. Barcelona: ESADE. Departamento de Economía.

 

Ballabriga Clavería, F., Comajuncosa Ferrer, J. & Laborda Coronil, A. (2012). Informe económico. Mayo 2012. Barcelona: ESADE. Departamento de Economía.

 

Villegas Sanchez, C., Berg , G., Fuchs , M., Iacovone , L., Jaeggi , T. & Lovegrove , A. (2012). Financing Small- and Medium-Sized Enterprises in Nigeria. Washington: World Bank.

 

Forte Arcos, S. & Lovreta, L. (2012). Credit risk discovery in the stock and CDS markets: Who leads, when, and why?. ESADE working paper (220). Barcelona: ESADE. http://proxymy.esade.edu/gd/facultybio/publicos/1347887021821Credit_risk_discovery_in_the_stock_and_CDS_markets_Who_leads_in_times_of_financial_crisis.pdf

 

Forte Arcos, S. & Lovreta, L. (2012). Credit risk discovery in the stock and credit default swap markets: Who leads in time of financial crisis?. SSRN working paper series (2038800). Rochester: Social Science Research Network (SSRN). http://proxymy.esade.edu/gd/facultybio/publicos/1347887021821Credit_risk_discovery_in_the_stock_and_CDS_markets_Who_leads_in_times_of_financial_crisis.pdf

 

Forte Arcos, S. & Lovreta, L. (2011). Endogenizing exogenous default barrier models: The MM algorithm. SSRN working paper series (1524871). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=1524871

 

Ansotegui Olcoz, M., Bassiouny Mohamed, A. & Tooma , E. (2012). The law of one price in global depositary receipts: Empirical evidence from Egyptian GDRs. ESADE working paper (223). Barcelona: ESADE

 

Arcalean, C., Glomm , G. & Schiopu, I. (2012). Growth effects of spatial redistribution policies. CESifo Working papers (3728). Munich: CESifo Group. http://www.cesifo-group.de/portal/page/portal/ifoHome/b-publ/b3publwp/_wp_abstract?p_file_id=17606885&category=

 

Ansotegui Olcoz, M., Bassiouny Mohamed, A. & Tooma , E. (2012). The proof is in the pudding: Arbitrage is possible in limited emerging markets. ESADE working paper (222). Barcelona: ESADE

 

Ballabriga Clavería, F. (2012). What kind of central bank for the EZ? A primer in Euro Zone central banking. ESADE working paper (224). Barcelona: ESADE

 

Arcalean, C. & Schiopu, I. (2012). Inequality and education funding: Theory and evidence from the US school districts. ESADE working paper (238). Barcelona: ESADE

 

Ansotegui Olcoz, M., Bassiouny Mohamed, A. & Tooma , E. (2012). An investigation of intraday price discovery in cross-listed emerging market equities. ESADE working paper (221). Barcelona: ESADE

 

Arcalean, C. & Schiopu, I. (2010). Public versus private investment and growth in a hierarchical education system. Journal of Economic Dynamics & Control, 34 (4), pp. 604-622.

 

Ansotegui Olcoz, M. (2010). ¿En qué consiste crear valor?. Harvard Deusto Finanzas & Contabilidad, (98), pp. 26-36.

 

Forte Arcos, S. & Peña Sánchez De Rivera , J. I. (2011). Debt refinancing and credit risk. Spanish Review of Financial Economics, 9 (1), pp. 1-10.

 

Platikanova, P. (2011). ¿Qué valor tienen las reservas de efectivo en tiempos de crisis?. Harvard Deusto Finanzas & Contabilidad, (99), pp. 4-16.

 

Platikanova, P. (2011, January). Carrere Group in the air [Case study]. Barcelona: ESADE.

 

Platikanova, P. (2010). Contabilidad. In Batllori Lloveras, G. (Ed.), El MBA de ESADE: todos los conocimientos para alcanzar el éxito profesional (pp. 103-135). Barcelona: Planeta.

 

Glomm , G., Ravikumar, B. & Schiopu, I. (2011). The political economy of education funding. In Hanushek , E. A., Machin , S. J. & Woessmann, L. (Eds.), Handbook of the economics of education: Volume 4 (pp. 615-675). Amsterdam: Elsevier.

 

Fuchs , M., Iacovone , L., Jaeggi , T., Napier , M., Pearson , R., Pellegrini , G. & et al. (2010). Financing small and medium enterprises in the Republic of South Africa. Washington: World Bank.

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2011). Informe económico. Enero 2011. Barcelona: ESADE. Departamento de Economía.

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2011). Informe económico. Mayo 2011 . Barcelona: ESADE. Departamento de Economía.

 

Arcalean, C. & Schiopu, I. (2010). Inequality and education funding: Theory and evidence from the U.S. school districts. CAEPR Working paper (009-2010). [s.n.]. http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1722167

 

Forte Arcos, S. (2010). Calibrating structural models: A new methodology based on stock and credit default swap data. SSRN working paper series (1165171). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=1165171

 

Kalemli-Ozcan, Sebnem, Kamil , H. & Villegas Sanchez, C. (2010). What hinders investment in the aftermath of financial crises? Insolvent firms or illiquid banks. NBER working papers series (16528). Cambridge: National Bureau of Economic Research (NBER). http://www.nber.org/papers/w16528

 

Arcalean, C. (2010). Dynamic fiscal interactions and economic integration. [s.n.]. http://ssrn.com/abstract=1762192

 

Dumitrescu, A. (2010). Strategic specialist and imperfect competition in a limit order book market. Journal of Banking & Finance, 34 (1), pp. 255-266.

 

Dumitrescu, A. (2010). The strategic specialist and imperfect competition in a limit order market. Journal of Banking & Finance, 34 ( 1), pp. 255-266.

 

Gimbert Ràfols, X., Bisbe, J. & Mendoza Mayordomo, F. (2010). The role of performance measurement systems in strategy formulation processes. Long Range Planning, 43 (4), pp. 477-497.

 

Bisbe, J. & Bowhill , B. (2010, May). Business planning and control: Integrating accounting, strategy and people [Review of the book: Business planning and control: Integrating accounting, strategy and people ]. European Accounting Review, 19, pp. 193-197.

 

Dumitrescu, A. (2010). Liquidity and optimal market transparency. European Financial Management, 16 (4), pp. 599-623.

 

Forte Arcos, S. & Peña Sánchez De Rivera , J. I. (2009). Credit spreads: An empirical analysis on the informational content of stocks, bonds, and CDS. Journal of Banking & Finance, 33 (11), pp. 2013-2025.

 

Forte Arcos, S. (2009). Capital structure: Optimal leverage and maturity choice in a dynamic model. Revista de Economía Financiera, (18), pp. 60-81.

 

Bisbe, J. (2010). La mayoría de edad del cuadro de mando integral. Harvard Deusto Business Review, (189), pp. 48-62.

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2009). A further inquire into the sustainability of fiscal policy in the EU. In Nogueira Martins, J. & Larch, M. (Eds.), Fiscal policy making in the European Union: An assessment of current practice and challenges (pp. 7-44). London; New York: Routledge.

 

Dumitrescu, A. (2010). Correlated-asset trading and disclosure of private information. In Gregoriou , G. N. (Ed.), The handbook of trading: Strategies for navigating and profiting from currency, bond, and stock markets (pp. 429-442). New York: McGraw-Hill .

 

Alfaro Faus, M., Arenas Vives, D., Batllori Lloveras, G., Bieto Caubet, E., Bonache, J. A., Busquets Carretero, J. & et al. (2010). Batllori Lloveras, G. (Ed.), El MBA de ESADE: todos los conocimientos para alcanzar el éxito profesional. Barcelona: Planeta.

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2010). Informe económico. Abril 2010. Barcelona: ESADE. Departamento de Economía.

 

Oroval Planas, J., Seijo Font, J., Funosas Vela, R., Tubert Costa , E. M., Ballabriga Clavería, F. & Sayeras Maspera, J. (2010). Impacto económico y social de las marcas de fabricante en mercados de gran consumo en España: principales magnitudes. Barcelona: ESADE. Centro de la Marca.

 

Forte Arcos, S. & Lovreta, L. (2009). Pseudo maximum likelihood estimation of structural credit risk models with exogenous default barrier. SSRN working paper series (1524871). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1524871

 

Platikanova, P. (2010). The strategic use of corporate cash holdings by tax avoiders. SSRN working paper series (1881445). Rochester: Social Science Research Network (SSRN)

 

Forte Arcos, S. & Peña Sánchez De Rivera , J. I. (2010). Debt refinancing and credit risk. SSRN working paper series (1689903). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=1689903

 

Barucci, Emilio & Del Viva, L. (2010). Dynamic capital structure and the contingent capital option. SSRN working paper series (1685424). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=1685424

 

Platikanova, P. (2010). S&P 500 Index addition and cash holdings decisions. SSRN working paper series (1567474). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1567474

 

Bisbe, J. (2007). Michael Jensen conversa con Josep Bisbe sobre el liderazgo y la integridad (Entrevista). ESADE Alumni, (121), pp. 20-22.

 

Platikanova, P. (2008). Long-Term price effect of S&P 500 addition and earnings quality. Financial Analysts Journal, 64 (5), pp. 62-76. DOI: 10.2469/faj.v64.n5.7.

 

Bisbe, J. & Malagueño de Santana, R. (2009). The choice of interactive control systems under different innovation management modes. European Accounting Review, 18 (2), pp. 371-405.

 

Bisbe, J. (2008). Control de gestión y medición de la actuación empresarial. Lo que se aprende en los mejores MBA: volumen II (pp. 211-245). Barcelona: Gestión 2000.

 

Ansotegui Olcoz, M. & Simón del Burgo, S. (2009). Financiación y resultados en los procesos de internacionalización. In Mendoza Mayordomo, F. (Dir.), La expansión de la multinacional española: estrategias y cambios organizativos. Primer informe anual del Observatorio de la Empresa Multinacional Española (OEME) (pp. 132-147). Barcelona: ESADE Business School, Barcelona; Madrid: ICEX (Instituto Español Comercio Exterior).

 

Elvira , Ò. & Platikanova, P. (2008). Earnings management and audit adjustments: An empirical study of IBEX 35 constituents. Working papers (1129). Barcelona: ESADE. http://hdl.handle.net/2072/14544

 

Hanhardt, A. & Ansotegui Olcoz, M. (2008). Do the fama and french factors proxy for state variables that predict macroeconomic growth in the Eurozone?. [s.n.]. http://ssrn.com/abstract=1098225

 

Forte Arcos, S. (2009). Capital structure: Optimal leverage and maturity choice in a dynamic model. Accepted Paper Series (881538). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=881538

 

Platikanova, P. (2009). Market liquidity effects of the IFRS introduction in Europe. SSRN working paper series (1005364). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1005364

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2007). Análisis y previsión de la coyuntura económica de la zona euro. Informe Económico, (6), pp. 8-29.

 

Ballabriga Clavería, F. & Mena López, F. (2008). Análisis y previsión de la coyuntura económica de la zona euro. Informe Económico, (7), pp. 8-49.

 

Bisbe, J., Batista-Foguet, J. & Chenhall , R. (2007). Defining management accounting constructs: A methodological note on the risks of conceptual misspecification. Accounting, Organizations and Society, 32 (7-8), pp. 789-820.

 

Arcalean, C., Calvo-González , O., Moré , C., Van Rixtel , A., Winkler , A. & Zumer , T. (2007). The causes and nature of the rapid growth of bank credit in the Central, Eastern, and South Eastern European countries. In Enoch, C. & Ötker Robe, I. (Eds.), Rapid growth of bank credit in Central and Eastern Europe: Endless boom or early warning? (pp. 13-47). London; New York: Palgrave MacMillan.

 

Bisbe, J. & Minguez Perez, S. (2008). Inmovilizaciones intangibles. In Aguilà, S. (Coord.), El nuevo PGC en la práctica: ejercicios y soluciones (pp. 89-102). Barcelona: Profit.

 

Bisbe, J. & Minguez Perez, S. (2008). Inmovilizaciones intangibles. In Aguilà, S. (Coord.), Nuevo PGC y PGC Pymes: un análisis práctico y a fondo (pp. 171-188). Barcelona: ACCID; Gestión 2000; Bresca; ACCID.

 

Forte Arcos, S. & Lovreta, L. (2009). Credit risk discovery in the stock and CDS market: Who leads, when, and why?. SSRN working paper series (1183202). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=1183202

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2006). Análisis y previsión de la coyuntura económica de la zona euro. Informe Económico, (4), pp. 10-27.

 

Bisbe, J. (2006). Conversamos con Robert Kaplan. ESADE Alumni, (118), pp. 14-16.

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2007). Análisis y previsión de la coyuntura económica de la zona euro. Informe Económico, (5), pp. 8-29.

 

Ansotegui Olcoz, M. & Guilanyà Mercadé , A. (2007). Rentabilidad de las acciones incluidas y excluidas en el IBEX 35. Bolsa: Revista Mensual de Bolsas y Mercados Españoles, (161), pp. 44-51.

 

Dumitrescu, A. (2007). Valuation of defaultable bonds and debt restructuring. Journal of Corporate Finance, 13 (1), pp. 94-111.

 

Platikanova, P. (2007). State of the art. Revista de Contabilidad y Dirección, (4), pp. 113-134.

 

Albareda Vivó, L., Balaguer Franch, M. & Ansotegui Olcoz, M. (2006). Arenas Vives, D. (Coord.), Observatorio de la inversión socialmente responsable en España 2006. Barcelona: ESADE. Instituto Persona, Empresa y Sociedad (IPES).

 

Dumitrescu, A. (2007). Strategic specialist and market liquidity. SSRN working paper series (942016). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=942016

 

Dumitrescu, A. (2007). Liquidity and optimal market transparency. SSRN working paper series (942912). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=942912

 

Alonso , F., Forte Arcos, S. & Marqués , J. M. (2008). Implied default barrier in credit default swap premia . SSRN working paper series (961356). Rochester: Social Science Research Network (SSRN). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=961356

 

Platikanova, P. & Nobes , C. (2006). Was the introduction of IFRS in Europe value-relevant?. SSRN working paper series (949160). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=949160

 

Alonso , F., Forte Arcos, S. & Marqués , J. M. (2006). Punto de quiebra implícito en la prima de credit default swaps =  Implied default barrier in credit default swap premia. Documentos de Trabajo (0639). Madrid: Banco de España. http://www.bde.es/webbde/es/secciones/informes/Publicaciones_se/docs/2006/

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2006). A further inquire about the sustainability of fiscal policy in the EU. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_205.pdf

 

Alonso , F., Forte Arcos, S. & Marqués , J. M. (2007). Implied default barrier in credit default swap premia. [s.n.]. http://www.esade.edu/web/esp/faculty-research/publications/faculty-publications/working-papers

 

Arcalean, C., Glomm , G. & Schiopu, I. (2007). Growth effects of spatial redistribution policies. SSRN working paper series (960475; 2007-002). Rochester: Social Science Research Network (SSRN). http://econpapers.repec.org/paper/inucaeprp/2007002.htm

 

Arcalean, C., Glomm , G., Schiopu, I. & Suedekum , J. (2007). Public budget composition, fiscal (de)centralization and welfare. IZA discussion paper (2626; 2007-03). Bonn: Institute for the Study of Labor (IZA). http://papers.ssrn.com/sol3/papers.cfm?abstract_id=963475

 

Ballabriga Clavería, F. & Comajuncosa Ferrer, J. (2006). Análisis y previsión de la coyuntura económica de la zona euro. Informe Económico, (3), pp. 8-25.

 

Bisbe, J., Coenders Gallart, G., Saris, W. & Batista-Foguet, J. (2006). Correcting measurement error bias in interaction models with small samples. Metodoloski Zvezki: Advances in Methodology and Statistics, 3 (2), pp. 267-287.

 

Nomen Calvet, E. & Bisbe, J. (2006). Los activos intangibles y la NIC 36. Harvard Deusto Finanzas & Contabilidad, (70), pp. 28-36.

 

Bisbe, J. (2006). El uso de los sistemas de control de gestión por parte de la alta dirección, ¿bloquea o estimula la innovación?. Revista de Contabilidad y Dirección, (3), pp. 177-196.

 

Dumitrescu, A. (2006). Valuation of defaultable bonds and debt restructuring. SSRN working paper series (300655). Rochester: Social Science Research Network (SSRN). http://ssrn.com/abstract=300655

 

Peña Sánchez De Rivera , J. I. & Forte Arcos, S. (2006). Credit spreads: Theory and evidence about the information content of stocks, bonds and CDSs. Working Paper. Business Economics Series 10 (06-33). Madrid: Universidad Carlos III de Madrid (UC3M). http://ideas.repec.org/p/cte/wbrepe/wb063310.html

 

Ballabriga Clavería, F. & Mena López, F. (2005). Zona euro: análisis y previsión de la coyuntura económica. Informe Económico, (1), pp. 10-31.

 

Batista-Foguet, J., Coenders Gallart, G., Saris, W. & Bisbe, J. (2004). Simultaneous estimation of indirect and interaction effects using structural equation models. Metodoloski Zvezki: Advances in Methodology and Statistics, 1 (1), pp. 163-184.

 

Bisbe, J. & Otley , D. (2004). The effects of the interactive use of management control systems on product innovation. Accounting, Organizations and Society, 29 (8), pp. 709-737.

 

Platikanova, P. (2005). El análisis económico-financiero: estado del arte. Revista de Contabilidad y Dirección, (2), pp. 95-120.

 

Conill Llobet, C., Peiró Posadas, M. & Bisbe, J. (2005). Coste y valor de la radioterapia. Medicina Clínica, 125 (14), pp. 557-558.

 

Ballabriga Clavería, F. (2004). La teoría fiscal del nivel de precios. In Sebastián Gascón, C., Pérez Fernández, J. & Tedde De Lorca , P. (Coords.), Estudios en homenaje a Luis Angel Rojo: políticas, mercados e instituciones económicas. Volúmen I (pp. 25-36). Madrid: Universidad Complutense de Madrid (UCM).

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2005). Sustainability of UE public finances. Brussels: European Commission. Directorate General for Economic and Financial Affairs (DG ECFIN).

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2005). Sustainability of EU public finances. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_191.pdf

 

Bisbe, J., Batista-Foguet, J. & Chenhall , R. (2005). What do we really mean by interactive control systems? The risks of theoretical misspecification. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_190.pdf

 

Dumitrescu, A. (2005). Imperfect competition and market liquidity with a supply informed trader. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_189.pdf

 

Forte Arcos, S. & Peña Sánchez De Rivera , J. I. (2005). The market price of credit risk in stocks, bonds and CDS's: Theory and evidence. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_198.pdf

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2003). Has EMU shifted monetary and fiscal policies?. In Buti, M. (Ed.), Monetary and fiscal policies in EMU: Interactions and coordination (pp. 246-272). Cambridge: Cambridge University Press.

 

Ballabriga Clavería, F. (2004). The fiscal theory of the price level. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_186.pdf

 

Ansotegui Olcoz, M. & Esteban González , M. (2004). European stock market integration. [s.n.]. https://www.esade.edu/itemsweb/biblioteca/archivo/working_papers_esade_187.pdf

 

Ansotegui Olcoz, M. & Esteban González , M. (2002). Cointegration for market forecast in the Spanish stock market. Applied Economics, 34 (7), pp. 843-857. DOI: 10.1080/00036840110058932.

 

Ballabriga Clavería, F. & Castillo Díaz, S. (2003). BBVA-ARIES: A forecasting and simulation model for EMU. Journal of Forecasting, 22 (5), pp. 411-426.

 

Cincera , M., Kempen , L., Van Pottelsberghe , B., Veuglers , R. & Villegas Sanchez, C. (2003). Productivity growth, R&D and the role of international collaborative agreements: Some evidence from Belgium manufacturing companies. Brussels Economic Review = Cahiers Economiques de Bruxelles, 46 (3), pp. 107-140.

 

Dimitrov , M., Platikanova, P. & Stanchev , K. (2003). Balkan political economy: Crisis, policy and business. The inflexibility trap: Frustrated societies, weak states and democracy: The state of democracy in the Southeast Europe (pp. 31-60). Sofia: Centre for Liberal Strategies.

 

Stanchev , K. & Platikanova, P. (2003). Balkan constitution making: Is there a peculiarity and what is to be expected?. The inflexibilityt trap: Frustrated societies, weak states and democracy: The state of democracy in the Southeast Europe (pp. 61-93). Sofia: Centre for Liberal Strategies.

 

Platikanova, P., Bodganov , L. & Angelov , G. (2003). State policies in the field of disability or About policies and people. In Angelov , G., Mladenova, V., Dyankov, M., Blazheva, S. & Milenkhov, N. (Eds.),Platikanova, P. & Bogdanova , L., Disability - A deficit or a survival means: Disability rights in Bulgaria: A survey 2002: [The disability rights in Bulgaria Review 2002] (pp. 47-69). Dublin: Centre for Independent Living.

 

Dumitrescu, A. (2003). Imperfect competition and market liquidity with a supply informed trader. UFAE and IAE Working papers (591.03). Barcelona: Institut d'Anàlisi Econòmica (CSIC). http://hdl.handle.net/10261/1828

 

Dumitrescu, A. (2003). Valuation of defaultable bonds and debt restructuring. Universitat Autonoma de Barcelona Working Papers (590.03). Bellaterra: Universitat Autònoma de Barcelona (UAB). http://digital.csic.es/bitstream/10261/1830/1/59003.pdf

 

Andrés , J., Ballabriga Clavería, F. & Vallés , J. (2002). Non-ricardian fiscal policies in an open monetary union. Brussels: European Commission. Directorate General for Economic and Financial Affairs (DG ECFIN).

 

Ballabriga Clavería, F. & Martínez Mongay , C. (2002). Has EMU shifted policy?. Brussels: European Commission. Directorate General for Economic and Financial Affairs (DG ECFIN).

 

Ballabriga Clavería, F. (2002). The development of quantitative empirical analysis in macroeconomics. Brussels: European Commission. Directorate General for Economic and Financial Affairs (DG ECFIN).

 

Ansotegui Olcoz, M. (2001). La titulización como fórmula de financiación. Estrategia financiera, (176), pp. 18-22.

 

Andrés , J., Vallés , J. & Ballabriga Clavería, F. (2001). Política fiscal y estabilidad de precios en la Unión Monetaria. Boletín Económico, (Marzo 2001), pp. 1-6.

 

Bacchetta, P. & Ballabriga Clavería, F. (2000). The impact of monetary policy and banks' balance sheets: Some international evidence. Applied Financial Economics, 10 (1), pp. 15-26.

 

Ballabriga Clavería, F., Álvarez González , L. J. & Jareño Morago , J. (2000). A BVAR macroeconomic model for the Spanish economy: Methodology and results. Madrid: Servicio de Estudios del Banco de España.

 

Andrés , J., Ballabriga Clavería, F. & Vallés , J. (2000). Monetary policy and exchange rate behavior in the fiscal theory of the price level. Documentos de trabajo (4). Madrid: Servicio de Estudios del Banco de España. http://www.bde.es/webbde/es/secciones/informes/Publicaciones_se/docs/2000/

 

Ansotegui Olcoz, M. & Verneda Casasayas , J. C. (1998). La privatización de las empresas públicas en bolsa. Harvard Deusto Finanzas & Contabilidad, (22), pp. 70-75.

 

Ballabriga Clavería, F., Sebastián Gascón, M. & Vallés , J. (1999). European asymmetries. Journal of International Economics, 48 (2), pp. 233-253.

 

Álvarez González , L. J., Ballabriga Clavería, F. & Jareño Rivero , J. L. (1998). A BVAR forecasting model for the Spanish economy. In Malo de Molina , J. L., Viñals, J. & Gutiérrez, F. (Eds.), Monetary policy and inflation in Spain (pp. 368-399). London; New York: Palgrave MacMillan.

 

Ballabriga Clavería, F. (1998). VAR macroeconometrics: Formulation, specification, estimation, identification and uses. Papers ESADE (161). Barcelona: ESADE. http://profesores.esade.edu/fernandoballabriga/publicaciones/Empirical%20Macro%20Methods/ESADE%20WPaper%201998%20VAR%20macroeconometrics.pdf

 

Jareño Rivero , J. L., Álvarez González , L. J. & Ballabriga Clavería, F. (1997). Un modelo macroeconométrico trimestral de predicción para la economía española. Boletín Económico, (Enero 1997), pp. 71-78.

 

Ansotegui Olcoz, M. & Esteban González , M. (1997). Relaciones entre precios y fundamentos en el mercado de capitales español. Revista de Economía Aplicada, 5 (14), pp. 99-117.

 

Ballabriga Clavería, F., Álvarez González , L. J. & Jareño Morago , J. (1998). Un modelo macroeconómico BVAR para la economía española: metodología y resultados. Madrid: Servicio de Estudios del Banco de España.

 

Ballabriga Clavería, F. (1997). Bayesian vector autoregressions. Papers ESADE (155). Barcelona: ESADE. http://profesores.esade.edu/fernandoballabriga/publicaciones/Empirical%20Macro%20Methods/ESADE%20WPaper%201997%20Bayesian%20Vector%20Autoregressions.pdf

 

Ballabriga Clavería, F. (1997). Inflation convergence, wage growth, and monetary policy: A note on the Spanish case. Papers ESADE (153). Barcelona: ESADE. http://profesores.esade.edu/fernandoballabriga/publicaciones/Policy%20Briefs/ESADE%20WPaper%201997%20Inflation%20Convergence,%20Wage%20Growth%20&%20Monetary%20Policy.pdf

 

Ballabriga Clavería, F., Vallés , J. & Sebastián Gascón, M. (1995). España en Europa: asimetrías reales y nominales. Papeles de Economía Española, (63), pp. 47-61.

 

 

Vallés , J., Sebastián Gascón, M. & Ballabriga Clavería, F. (1993). Interdependence of EC economies: A var approach. Documentos de trabajo del Banco de España (9314). Madrid: Servicio de Estudios del Banco de España

 

Álvarez González , L. J. & Ballabriga Clavería, F. (1994). BVAR models in the context of cointegration: A Monte Carlo experiment. Documento de Trabajo (9405). Madrid: Servicio de Estudios del Banco de España. http://profesores.esade.edu/fernandoballabriga/publicaciones/Empirical%20Macro%20Methods/BdE%20DocTrab%201994%20BVAR%20models%20in%20the%20context%20of%20cointegration.pdf

 

Ballabriga Clavería, F., Sebastián Gascón, M. & Vallés , J. (1993). Interdependencia de las economías europeas. Boletín Económico, (5), pp. 55-59.

 

Ballabriga Clavería, F., Molinas , C., Sebastián Gascón, M. & Zabalza Martí , A. (1993). Demand rationing and capital constraints in the Spanish economy: 1964-88. Economic Modelling, 10 (2), pp. 96-112.

 

Ballabriga Clavería, F. & Sebastián Gascón, M. (1993). Déficit público y tipo de interés en la economía española: ¿existe evidencia de causalidad?. Revista Española de Economía, 10 (2), pp. 283-306.

 

Ballabriga Clavería, F. (1991). Instrumentación de la metodología VAR. Cuadernos Económicos de ICE, (48), pp. 85-106.

 

Ballabriga Clavería, F., Molinas , C., Zabalza Martí , A. & Sebastián Gascón, M. (1991). Las restricciones de demanda y de capital en la economía Española. In Molinas , C., Sebastián, M. & Zabalza, A. (Eds.), La economía española. Una perspectiva macroeconómica (pp. 1-50). Barcelona; L'Hospitalet de Llobregat: Editorial Bosch.

 

Ibern Regas, P., Bisbe, J. & Casas Galofre, M. (1991). The development of cost information by DRG: Experience in a Barcelona hospital . Health Policy, 17 (2), pp. 179-194.

 

Ballabriga Clavería, F. & Molinas , C. (1990). Producción y empleo en la economía española: un enfoque de desequilibrio. Documentos de trabajo (SGPE-D-90005). Madrid: Ministerio de Hacienda y Administraciones Públicas. Gobierno de España. http://www.sgpg.pap.meh.es/sitios/sgpg/es-ES/Presupuestos/Documentacion/Documents/DOCUMENTOS%20DE%20TRABAJO/SGPED90005.pdf

 

Ballabriga Clavería, F., Dolado Logregad , J. J. & Viñals , J. (1991). Investigating private and public saving-investment gaps in EC countries. Discussion Paper (607). London: Center for Economic and Policy Research (CEPR)