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  • IEB Report 3/2018 – The Challenges of Public Budgeting After the Great Fiscal Crisis: Where Improvements and Reform Can Be Made

    The Challenges of Public Budgeting After the Great Fiscal Crisis: Where Improvements and Reform Can Be Made

    According to the most recent economic and fiscal figures (IMF and EC 2018), the developed economies are characterized by high debt levels, exceeding 100% of GDP as a whole, and where more than one third have (in 2017) a debt exceeding 85% of GDP, three times as many as in...

    2018/19: Is changing the minimum legal drinking age an effective policy tool?

    Nicolai Brachowicz Quintanilla, Judit Vall Castelló

    In year 1991 regional governments in Spain started a period of implementation of a law that rose the Minimum Legal Drinking Age from 16 to 18 years old. This process was fully completed in year 2015. To evaluate the effects of this change on consumption of legal drugs and its...

    Info IEB Number 29, June 2018

    Are Taxes on Sugar Sweetened Beverages Effective? The Catalan Case

    Overweight and obesity are very important and widespread health problems in the world today, especially in developed countries. The consumption of sugar is considered to be one of the leading causes of the growing overweight and obesity rates, and sugar-sweetened beverages (SSBs) in particular contain high quantities of sugar.

    2018/18: From forward to spot prices: producers, retailers and loss averse consumers in electricity markets

    Valeria Di Cosmo, Elisa Trujillo-Baute

    The benefits of smoothing demand peaks in the electricity market has been widely recognised. European countries such as Spain and some of the Scandinavian countries have recently given to the consumers the possibility to face the spot prices instead of having a fixed tariffs determined by retailers. This paper develops...

    2018/17: Income segregation in monocentric and polycentric cities: Does urban form really matter?

    Miquel-Àngel Garcia-López, Ana I. Moreno-Monroy

    We estimate the effect of urban spatial structure on income segregation in Brazilian cities between 2000 and 2010. Our results show that, first, local density conditions increase income segregation: the effect is higher in monocentric cities and smaller in polycentric ones. Second, the degree of monocentricity-polycentricity also affects segregation: while...

    2018/16: Long-lasting social capital and its impact on economic development: the legacy of the commons

    Daniel Montolio, Ana Tur-Prats

    This paper analyzes the historical determinants and long-term persistence of social capital, as well as its effect on economic development, by looking at the legacy of the commons in a Spanish region. In medieval times, common goods were granted to townships and were managed collectively by local citizens. This enabled...

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