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Research Spotlight
Video Series  

The Barcelona GSE Research Spotlight Video Series profiles the dynamic research findings of Affiliated Professors, giving a multimedia perspective of the cutting-edge research being done in the GSE community across a broad range of topics in economics.

Decentralizing Equality of Opportunity

How can individual policymakers achieve social justice at both the macro and micro level when addressing concrete, everyday distributive problems? Professor Caterina Calsamiglia discusses the social justice problem and its implications for effective policy design, particularly in the area of affirmative action.
Caterina Calsamiglia UAB and Barcelona GSE
Related Links 
Caterina Calsamiglia's Homepage
Decentralizing Equality of Opportunity (pdf)

Recent Interviews

The Economics of Happiness
Does earning a higher salary really make a person happier? Not permanently, according to Professor Ada Ferrer-i-Carbonell. Her research in happiness economics has shed new light on what determines a person's happiness, particularly the effects of income changes and other life events on subjective satisfaction.
 
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Ada Ferrer-i-Carbonell
ICREA-IAE and Barcelona GSE
Stock Market Volatility and Learning
Professor Albert Marcet discusses his pioneering research showing that simple models of learning can explain what appear to be puzzles from the viewpoint of the (fully) rational expectations literature.
 
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Albert Marcet
ICREA-IAE and Barcelona GSE
"Never before have so few owed so much to so many"
Prof. Xavier Freixas (UPF and Barcelona GSE) plays on the famous words of British Prime Minister Winston Churchill to explain the impact of bank bailouts on taxpayers during the recent global financial crisis.
 
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Xavier Freixas
UPF and Barcelona GSE
From shame to game in 100 years: an economic model of the rise in premarital sex and its destigmatization
Prof. Nezih Guner (ICREA-UAB and Barcelona GSE) develops an economic model of the rise in premarital sex and its destigmatization.
 
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Nezih Guner
ICREA-UAB and Barcelona GSE
A Theory of Optimal Random Crackdowns
Do the Belgian police use speed traps effectively to put the brakes on crime? Professor Jan Eeckhout will determine if they pass inspection.
 
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Jan Eeckhout
ICREA-UPF and Barcelona GSE
How Do People Perceive Risk in Everyday Situations?
Professor Robin Hogarth uses a novel new methodology to demonstrate that even relatively simple measures of mood state can have a significant effect on perception of risk.
 
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Robin Hogarth
ICREA-UPF and Barcelona GSE
Growth, Democracy, and Civil War
Latest research by Professor Antonio Ciccone reveals a link between downturns of international commodities prices and the outbreak of civil war in Sub-Saharan African countries. Additional analysis suggests that a country's form of government may be a crucial factor in predicting civil war in the case of economic depression.
 
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Antonio Ciccone
ICREA-UPF, CREI, and Barcelona GSE
Designing Contracts For University Spin Offs
Professors Inés Macho-Stadler and David Pérez-Castrillo (Barcelona GSE and UAB) share their research on what makes a university spin-off likely to succeed.
 
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Inés Macho-Stadler and David Pérez-Castrillo
UAB and Barcelona GSE
"Betting on Hitler: The Value of Political Connections in Nazi Germany"
According to new research by Barcelona GSE Affiliated Professor Joachim Voth, firms supporting the NSDAP (National Socialist German Workers' Party) outperformed the stock market by 5-10% after the Nazi party seized power in 1933.
 
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Joachim Voth
ICREA-UPF, CREI, and Barcelona GSE
New Keynesian insights on wages, aggregate demand and unemployment
Prof. Jordi Galí (CREI, UPF and Barcelona GSE) illustrates how the central bank's response to inflation conditions the impact that wages have on unemployment.
 
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Jordi Galí
CREI, UPF and Barcelona GSE
Ethnicity and conflict: an empirical study
What are the causes of civil conflict? On the basis of recent theoretical and empirical research, professors Joan Esteban and Laura Mayoral (IAE and Barcelona GSE) and Debraj Ray (NYU) show that preexisting ethnic divisions do influence social conflict. Their analysis provides evidence that ethnic conflicts are likely to be instrumental, i.e, driven by political or economic reasons, rather than by ancestral hatreds across groups.

Funding for this project was provided by AXA Research Fund and Recercaixa.
 
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Joan-Maria Esteban and Laura Mayoral
IAE and Barcelona GSE
Political myopia in times of uncertainty
Research by Profs. Alessandra Bonfiglioli (IAE and Barcelona GSE) and Gino Gancia (CREI, UPF and Barcelona GSE) provides new evidence that fiscal stabilizations are more likely when economic volatility is high.
 
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Alessandra Bonfiglioli / Gino Gancia
IEA and Barcelona GSE / CREI, UPF and Barcelona GSE
The economic engineer comes to the Keynesian Beauty Contest
Prof. Rosemarie Nagel (ICREA-UPF and Barcelona GSE) uses economic experiments to test a variety of techniques designed to enable players to make better choices and improve their results in the Beauty Contest game.
 
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Rosemarie Nagel
ICREA-UPF and Barcelona GSE

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