4,276 research outputs found

    A proposal to estimate human capital depreciation: some evidence for Spain

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    This article formulates an empirical model for salary determination, which permits the identification of the depreciation rate of the stock of professional qualifications. The analysis is implemented using the 1994 European Community Household Panel data referring to Spanish salaried males. The depreciation rate of the stock of qualifications is estimated at a narrow interval centred at 1%. Empirical evidence also suggests that although the depreciation rate does not vary according to the level of education, it does so depending on unemployment spells endured by the worker in recent years and on whether the worker has undertaken training courses.Human capital, depreciation, experience-earnings profiles

    Consumption, retirement and life-cycle prices: Evidence from Spain

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    Evidence from several countries reveals a substantial drop in household consumption around retirement age that some researchers believe is difficult to reconcile with standard life-cycle models. Using detailed expenditure data from a Spanish panel survey, we find no evidence of a consumption-retirement puzzle in Spain for the period of 1985–2004. However, we find a drop in food expenditure at home from 1998 to 2004 and evidence on households paying lower prices for the food they purchase after retirement in this latter period. Our findings are consistent with a household model that allows for home production whereby retirees substitute away from market goods to home production, as long as one accounts for the greater participation in housework by men after retirement coinciding with the latter period of the survey.

    Revisiting the Casimir Energy with General Boundary Conditions, and applications in 1D Crystals

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    Producción CientíficaWe obtain new expressions for the Casimir energy between plates that are mimicked by the most general possible boundary conditions allowed by the principles of quantum field theory. This result enables to provide the quantum vacuum energy for scalar fields propagating under the influence of a one-dimensional crystal represented by a periodic potential formed by an infinite array of identical potentials with compact support.MINECO (MTM2014-57129-C2-1-P) and Junta de Castilla y Leon (BU229P18 and VA137G18)

    La Universidad ante los retos del futuro

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    A comment on "Intergenerational equity: sup, inf, lim sup, and lim inf"

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    We reexamine the analysis of Chambers (Social Choice and Welfare, 2009), that produces a characterization of a family of social welfare functions in the context of intergenerational equity: namely, those that coincide with either the sup, inf, lim sup, or lim inf rule. Reinforcement, ordinal covariance, and monotonicity jointly identify such class of rules. We show that the addition of a suitable axiom to this three properties permits to characterize each particular rule. A discussion of the respective distinctive properties is provided.Social welfare function; Intergenerational equity; Lim sup ; Lim inf
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