Printed Publications
by Current IMDEA Social Sciences Faculty

Andrés Erosa and Ana Hidalgo Cabrillana. On finance as a theory of TFP, cross-industry productivity differences, and economic rents. International Economic Review 49(2), May 2008: 437-473. 

Kandori Michihiroa, Roberto Serrano, and Oscar Volij. Decentralized trade, random utility and the evolution of social welfare. Journal of Economic Theory 140, March 2008: 328-338. 

Jean Eid, Henry G. Overman, Diego Puga, and Matthew A. Turner. Fat City: Questioning the relationship between urban sprawl and obesity. Journal of Urban Economics 63(2), March 2008: 385-404. 

Luisa Fuster, Ayşe İmrohoroğlu, and Selahattin İmrohoroğlu. Altruism, incomplete markets, and tax reform. Journal of Monetary Economics 55(1), January 2008: 65-90. 

Roberto Serrano. Nash Program. In The New Palgrave Dictionary of Economics, 2nd edition, edited by Lawrence E. Blume and Steven N. Durlauf. London: Palgrave McMillan, 2008. 

Roberto Serrano. Bargaining. In The New Palgrave Dictionary of Economics, 2nd edition, edited by Steven N. Durlauf and Lawrence E. Blume. London: Palgrave McMillan, 2008. 

Ricardo de O. Cavalcanti and Andrés Erosa. A theory of capital gains taxation and business turnover. Economic Theory 32(3), September 2007: 477-496. 

Nuno Garoupa. Optimal law enforcement and criminal organization. Journal of Economic Behavior & Organization 63(3), July 2007: 461-474. 

Roberto Serrano and Rajiv Vohra. Information transmission in coalitional voting games. Journal of Economic Theory 134(1), May 2007: 117-137. 

Andrés Erosa and Tatyana Koreshkova. Progressive taxation in a dynastic model of human capital. Journal of Monetary Economics 54(3), April 2007: 667-685. 

Luisa Fuster, Ayşe İmrohoroğlu, and Selahattin İmrohoroğlu. Elimination of social security in a dynastic framework. Review of Economic Studies 74(1), January 2007: 113-145. 

Roberto Serrano and Ken-Ichi Shimomura. A comparison of the average prekernel and the prekernel. Mathematical Social Sciences 52(3), December 2006: 288-301. 

José María Da Rocha and Luisa Fuster. Why are fertility rates and female employment ratios positively correlated across OECD countries?. International Economic Review 47(4), November 2006: 1187-1222. 

Nuno Garoupa, Jonathan Klick, and Francesco Parisi. A law and economics perspective on terrorism. Public Choice 128(1-2), July 2006: 147-168. 

Nuno Garoupa and Anthony Ogus. A strategic interpretation of legal transplants. Journal of Legal Studies 35(2), June 2006: 339-363. 

Ignacio Palacios-Huerta and Roberto Serrano. Rejecting small gambles under expected utility. Economics Letters 91(2), May 2006: 250-259. 

Marcy Burchfield, Henry G. Overman, Diego Puga, and Matthew A. Turner. Causes of sprawl: A portrait from space. Quarterly Journal of Economics 121(2), May 2006: 587-633. 

Francesco Franzoni and José M. Marín. Pension plan funding and stock market efficiency. Journal of Finance 61(2), April 2006: 921-956. 

Allan M. Feldman and Roberto Serrano. Welfare Economics and Social Choice Theory, 2nd edition. New York: Springer, 2006.

Francesco Franzoni and José M. Marín. Portable alphas from pension mispricing. Journal of Portfolio Management 32(4), 2006: 44-53.

Piero Gottardi and Roberto Serrano. Market power and information revelation in dynamic trading. Journal of the European Economic Association 3(6), December 2005: 1279-1317. 

Benito Arruñada and Nuno Garoupa. The choice of titling system in land. Journal of Law & Economics 48(2), October 2005: 709-727. 

Dnes Antony and Nuno Garoupa. Academic tenure, posttenure effort, and contractual damages. Economic Inquiry 43(4), October 2005: 831-839.

Roger Bowles, Michael Faure, and Nuno Garoupa. Forfeiture of Illegal Gain: An Economic Perspective. Oxford Journal of Legal Studies 25(2), June 2005: 275-295. 

Roberto Serrano. Fifty years of the Nash program, 1953-2003. Investigaciones Economicas 29(2), May 2005: 219-258. 

Ricardo de O. Cavalcanti, Andrés Erosa, and Ted Temzelides. Liquidity, money creation and destruction, and the returns to banking. International Economic Review 46(2), May 2005: 675-706. 

Gilles Duranton and Diego Puga. From sectoral to functional urban specialisation. Journal of Urban Economics 57(2), March 2005: 343-370. 

Roberto Serrano and Rajiv Vohra. A characterization of virtual Bayesian implementation. Games and Economic Behavior 50(2), February 2005: 312-331. 

Roberto Serrano. The theory of implementation of social choice rules. Siam Review 46(3), September 2004: 377-414. 

Roberto Serrano. The measurement of intellectual influence: the views of a sceptic. Economics Bulletin 1(3), September 2004: 1-6.

Nuno Garoupa and Frank H. Stephen. Optimal law enforcement with legal aid. Economica 71(283), August 2004: 493-500. 

Nuno Garoupa and Daniel Klerman. Corruption and the optimal use of nonmonetary sanctions. International Review of Law and Economics 24(2), June 2004: 219-225. 

Nuno Garoupa and Mohamed Jellal. Dynamic law enforcement with learning. Journal of Law Economics & Organization 20(1), April 2004: 192-206. 

In Younghwan and Roberto Serrano. Agenda restrictions in multi-issue bargaining. Journal of Economic Behavior & Organization 53(3), March 2004: 385-399. 

Takashi Kunimoto and Roberto Serrano. Bargaining and competition revisited. Journal of Economic Theory 115(1), March 2004: 78-88. 

Assaf Ben-Shoham, Roberto Serrano, and Oscar Volij. The evolution of exchange. Journal of Economic Theory 114(2), February 2004: 310-328. 

Gilles Duranton and Diego Puga. Micro-foundations of urban agglomeration economies. In Handbook of Regional and Urban Economics Vol. 4, edited by J. Vernon Henderson and Jacques-François Thisse, 2063-2117. Amsterdam: Elsevier, 2004. 

Luisa Fuster, Ayşe İmrohoroğlu, and Selahattin İmrohoroğlu. A welfare analysis of social security in a dynastic framework. International Economic Review 44(4), November 2003: 1247-1274. 

Hugh Gravelle and Nuno Garoupa. Efficient deterrence does not require that the wealthy should be able to buy justice. Journal of Institutional and Theoretical Economics-Zeitschrift fur Die Gesamte Staatswissenschaft 159(3), September 2003: 545-552.

Jordi Caballé and Luisa Fuster. Pay-as-you-go social security and the distribution of altruistic transfers. Review of Economic Studies 70(3), July 2003: 541-567. 

Younghwan In and Roberto Serrano. Agenda restrictions in multi-issue bargaining (II): unrestricted agendas. Economics Letters 79(3), June 2003: 325-331. 

José M. Marín and Jacques P. Olivier. On the impact of leverage constraints on asset prices and trading volume. Spanish Economic Review 5(2), June 2003: 123-151. 

Nuno Garoupa. Crime in Europe: Causes and consequences. Journal of Institutional and Theoretical Economics-Zeitschrift fur Die Gesamte Staatswissenschaft 158(4), December 2002: 734-735.

Roger Bowles and Nuno Garoupa. Household dissolution, child care and divorce law. International Review of Law and Economics 22(4), December 2002: 495-510. 

Diego Puga. European regional policy in light of recent location theories. Journal of Economic Geography 2(4), October 2002: 373-406. 

Andrés Erosa, Luisa Fuster, and Diego Restuccia. Fertility decisions and gender differences in labor turnover, employment, and wages. Review of Economic Dynamics 5(4), October 2002: 856-891. 

Roberto Serrano. Decentralized information and the Walrasian outcome: a pairwise meetings market with private values. Journal of Mathematical Economics 38(1), September 2002: 65-89. 

Andrés Erosa and Martin Gervais. Optimal taxation in life-cycle economies. Journal of Economic Theory 105(2), August 2002: 338-369. 

Pedro Pita Barros and Nuno Garoupa. An economic theory of church strictness. Economic Journal 112(481), July 2002: 559-576. 

Hugh Gravelle and Nuno Garoupa. Optimal deterrence with legal defense expenditure. Economic Inquiry 40(3), July 2002: 366-379.

Roberto Serrano and Rajiv Vohra. Implementing the Mas-Colell Bargaining Set. Investigaciones Economicas 26(2), May 2002: 285-298. 

Roberto Serrano and Rajiv Vohra. Bargaining and bargaining sets. Games and Economic Behavior 39(2), May 2002: 292-308. 

Andrés Erosa and Gustavo Ventura. On inflation as a regressive consumption tax. Journal of Monetary Economics 49(4), May 2002: 761-795. 

Henry G. Overman and Diego Puga. Unemployment clusters across Europe's regions and countries. Economic Policy 34, April 2002: 115-147. 

Nuno Garoupa and João Gata. A Theory of International Conflict Management and Sanctioning. Public Choice 110(1-2), January 2002: 147-168. 

Gilles Duranton and Diego Puga. Nursery Cities: Urban diversity, process innovation, and the life cycle of products. American Economic Review 91(5), December 2001: 1454-1477. 

Christofer Edling and Rickard Sandell. Social influence and corporate behaviour - A case study of interdependent decision-making in Sweden's publicly traded firms. European Sociological Review 17(4), December 2001: 389-399. 

Roberto Serrano, Rajiv Vohra, and Oscar Volij. On the failure of core convergence in economies with asymmetric information. Econometrica 69(6), November 2001: 1685-1696. 

Nuno Garoupa. Optimal magnitude and probability of fines. European Economic Review 45(9), October 2001: 1765-1771. 

Rickard Sandell. Organizational growth and ecological constraints: The growth of social movements in Sweden, 1881 to 1940. American Sociological Review 66(5), October 2001: 672-693. 

Roberto Serrano and Rajiv Vohra. Some limitations of virtual Bayesian implementation. Econometrica 69(3), May 2001: 785-792. 

Andrés Erosa. Financial intermediation and occupational choice in development. Review of Economic Dynamics 4(2), April 2001: 303-334. 

Max R. Blouin and Roberto Serrano. Decentralized market with common values uncertainty: Non-steady states. Review of Economic Studies 68(2), April 2001: 323-346. 

Sandeep Baliga and Roberto Serrano. Multilateral negotiations with private side−deals: a multiplicity example. Economics Bulletin 3(1), February 2001: 1-7.

José M. Marín and Gonzalo Rubio. Economía financiera. Barcelona: Antoni Bosch Editor, 2001.

Roger Bowles, Michael Faure, and Nuno Garoupa. Economic analysis of the removal of illegal gains. International Review of Law and Economics 20(4), December 2000: 537-549. 

Roberto Serrano and Volij Oscar. Walrasian allocations without price-taking behavior. Journal of Economic Theory 95(1), November 2000: 79-106. 

Luisa Fuster. Capital accumulation in an economy with dynasties and uncertain lifetimes. Review of Economic Dynamics 3(4), October 2000: 650-674. 

Gary Charness and Nuno Garoupa. Reputation, honesty, and efficiency with insider information: An experiment. Journal of Economics & Management Strategy 9(3), October 2000: 425-451. 

José M. Marín and Rohit Rahi. Information revelation and market incompleteness. Review of Economic Studies 67(3), July 2000: 563-579. 

Peter Hedstrom, Rickard Sandell, and Charlotta Stern. Mesolevel networks and the diffusion of social movements: The case of the Swedish Social Democratic Party. American Journal of Sociology 106(1), July 2000: 145-172. 

Gilles Duranton and Diego Puga. Diversity and specialisation in cities: Why, where and when does it matter?. Urban Studies 37(3), April 2000: 533-555. 

Nuno Garoupa. The economics of organized crime and optimal law enforcement. Economic Inquiry 38(2), April 2000: 278-288. 

Nir Dagan, Roberto Serrano, and Oscar Volij. Bargaining, coalitions and competition. Economic Theory 15(2), March 2000: 279-296. 

José M. Marín and Rohit Rahi. Speculative securities. Economic Theory 14(3), November 1999: 653-668. 

Ricardo de O. Cavalcanti, Andrés Erosa, and Ted Temzelides. Private money and reserve management in a random-matching model. Journal of Political Economy 107(5), October 1999: 929-945. 

Luisa Fuster. Is altruism important for understanding the long-run effects of social security?. Review of Economic Dynamics 2(3), July 1999: 616-637. 

Nuno Garoupa. Dishonesty and libel law: The Economics of the 'Chilling' Effect. Journal of Institutional and Theoretical Economics-Zeitschrift fur Die Gesamte Staatswissenschaft 155(2), June 1999: 284-300.

Nuno Garoupa. The economics of political dishonesty and defamation. International Review of Law and Economics 19(2), June 1999: 167-180. 

Diego Puga and Anthony Venables. Agglomeration and economic development: Import substitution vs. trade liberalisation. Economic Journal 109(455), April 1999: 292-311. 

Luisa Fuster. Effects of uncertain lifetime and annuity insurance on capital accumulation and growth. Economic Theory 13(2), March 1999: 429-445. 

Nir Dagan, Roberto Serrano, and Oscar Volij. Feasible implementation of taxation methods. Review of Economic Design 4(1), February 1999: 57-72. 

Diego Puga. The rise and fall of regional inequalities. European Economic Review 43(2), February 1999: 303-334. 

Rickard Sandell. Organizational life aboard the moving bandwagons: A network analysis of dropouts from a Swedish temperance organization, 1896-1937. Acta Sociologica 42(1), January 1999: 3-15. 

Roberto Serrano and Ken-Ichi Shimomura. Beyond Nash bargaining theory: The Nash set. Journal of Economic Theory 83(2), December 1998: 286-307. 

Nuno Garoupa. Optimal law enforcement and imperfect information when wealth varies among individuals. Economica 65(260), November 1998: 479-490. 

Nir Dagan, Roberto Serrano, and Oscar Volij. Comment on McLennan and Sonnenschein 'Sequential bargaining as a noncooperative foundation for Walrasian equilibrium'. Econometrica 66(5), September 1998: 1231-1233. 

Roberto Serrano and Oscar Volij. Axiomatizations of neoclassical concepts for economies. Journal of Mathematical Economics 30(1), August 1998: 87-108. 

Gianmarco Ottaviano and Diego Puga. Agglomeration in the global economy: A survey of the 'new economic geography'. World Economy 21(6), August 1998: 707-731. 

Diego Puga. Urbanisation patterns: European vs. less developed countries. Journal of Regional Science 38(2), May 1998: 231-252. 

Diego Puga and Anthony Venables. Trading arrangements and industrial development. World Bank Economic Review 12(2), May 1998: 221-249. 

Roberto Serrano and Iñigo Zapater. The three-legged race: Cooperating to compete. Games and Economic Behavior 22(2), February 1998: 343-363. 

Nir Dagan and Roberto Serrano. Invariance and randomness in the Nash program for coalitional games. Economics Letters 58(1), January 1998: 43-49. 

Rickard Sandell. Social Movements and Social Networks (Stockholm Studies on Social Mechanisms). Stockholm: Stockholm University, 1998.

Nuno Garoupa. Optimal law enforcement and the economics of the drug market: Some comments on the Schengen Agreements. International Review of Law and Economics 17(4), December 1997: 521-535. 

Diego Puga and Anthony Venables. Preferential trading arrangements and industrial location. Journal of International Economics 43(3-4), November 1997: 347-368. 

Roberto Serrano. Reinterpreting the kernel. Journal of Economic Theory 77(1), November 1997: 58-80. 

Roberto Serrano and Rajiv Vohra. Non-cooperative implementation of the core. Social Choice and Welfare 14(4), October 1997: 513-525. 

Nuno Garoupa. A note on private enforcement and type-I error. International Review of Law and Economics 17(3), September 1997: 423-429. 

Roberto Serrano. A comment on the Nash program and the theory of implementation. Economics Letters 55(2), August 1997: 203-208. 

Roger Bowles and Nuno Garoupa. Casual police corruption and the economics of crime. International Review of Law and Economics 17(1), March 1997: 75-87. 

Nir Dagan, Roberto Serrano, and Oscar Volij. A noncooperative view of consistent bankruptcy rules. Games and Economic Behavior 18(1), January 1997: 55-72. 

Luisa Fuster. Redistribución intergeneracional y crecimiento económico. Spanish Economic Review 14(2), 1997: 251-267.

Diego Puga and Anthony Venables. The spread of industry: spatial agglomeration in economic development. Journal of the Japanese and International Economies 10(4), December 1996: 440-464. 

Ángel de la Fuente and José M. Marín. Innovation, bank monitoring, and endogenous financial development. Journal of Monetary Economics 38(2), October 1996: 269-301. 

Roberto Serrano and Oved Osha. Welfare analysis of a market with pairwise meetings and asymmetric information. Economic Theory 8(1), February 1996: 167-175. 

Vijay Krishna and Roberto Serrano. Multilateral bargaining. Review of Economic Studies 63(1), January 1996: 61-80. 

Sandeep Baliga and Roberto Serrano. Multilateral bargaining with imperfect information. Journal of Economic Theory 67(2), December 1995: 578-589. 

Roberto Serrano. A market to implement the core. Journal of Economic Theory 67(1), October 1995: 285-294. 

Vijay Krishna and Roberto Serrano. Perfect equilibria of a model of n-person noncooperative bargaining. International Journal of Game Theory 24(3), September 1995: 259-272. 

Roberto Serrano. Strategic bargaining, surplus sharing problems and the nucleolus. Journal of Mathematical Economics 24(4), January 1995: 319-329. 

Roberto Serrano and Oved Yosha. Decentralized Markets with Pairwise Meetings: Recent Developments. Journal of International and Comparative Economics 4, 1995: 223-241.

Roberto Serrano. Noncooperative implementation of the nucleolus- the 3-player case. International Journal of Game Theory 22(4), December 1993: 345-357. 

Luisa Fuster. La equivalencia Ricardiana: Un análisis empírico en los países de la Comunidad Europea. Investigaciones Económicas 17(3), September 1993: 495-506. 

Roberto Serrano and Oved Yosha. Information Revelation in a Market with Pairwise Meetings: the One-Sided Information Case. Economic Theory 3, February 1993: 481-499.