7,850 research outputs found

    Does economic freedom increase income inequality? Evidence from the EU countries

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    Over the past decades there have been considerable changes in policies and institutions in favor of economic freedom in the EU countries. This trend coincides with widespread increases in income inequality in numerous member states. To what extent does economic freedom encourage inequality? This paper examines the relationship between economic freedom and income inequality in the EU countries using panel data for the 2000s. The empirical evidence suggests that economic freedom seems to entail greater income inequality. However, not all areas of economic freedom affect income distribution similarly. While government size and regulation appear to be robustly associated with income inequality, legal system and property rights, sound money, and freedom to trade internationally seem not to be significantly related with income distribution in the European context.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

    Statistical Model Checking of e-Motions Domain-Specific Modeling Languages

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    Domain experts may use novel tools that allow them to de- sign and model their systems in a notation very close to the domain problem. However, the use of tools for the statistical analysis of stochas- tic systems requires software engineers to carefully specify such systems in low level and specific languages. In this work we line up both sce- narios, specific domain modeling and statistical analysis. Specifically, we have extended the e-Motions system, a framework to develop real-time domain-specific languages where the behavior is specified in a natural way by in-place transformation rules, to support the statistical analysis of systems defined using it. We discuss how restricted e-Motions sys- tems are used to produce Maude corresponding specifications, using a model transformation from e-Motions to Maude, which comply with the restrictions of the VeStA tool, and which can therefore be used to per- form statistical analysis on the stochastic systems thus generated. We illustrate our approach with a very simple messaging distributed system.Universidad de Málaga Campus de Excelencia Internacional Andalucía Tech. Research Project TIN2014-52034-R an

    Collective Bargaining under Complete Information

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    In this paper, we build and structurally estimate a complete information bargaining model of collective negotiation for Spain. For large firms, the assumption of complete information seems a sensible one, and it matches the collective bargaining environment better than the one provided by private information models. The specification of the model with players having different discount factors allows us to measure their relative bargaining power, a recurrent question in the theory of bargaining. We find that both entrepreneurs and workers have high discount factors, and no evidence that entrepreneurs have bigger bargaining power as usually assumed.Delays, sequential bargaining, structural estimation
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