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Path – Dependence and European Fisheries Management
(Universidade da Coruña, Servizo de Publicacións, 2018)
[Abstract] For a long time there has been an attempt to explain the current crisis in the fisheries sector in terms of a confrontation between those defending “fish” and those defending “fishermen”. However, the real problem ...
Deciding on Financial Renegotiation in Public-Private Partnership Projects
(Universidade da Coruña, Servizo de Publicacións, 2018)
[Abstract] This paper analyzes the renegotiation problem in the context of public-private partnership projects. Utilizing a game-theoretic approach, an equilibrium is found in which the government finds that accepting ...
Why the current Peak in Populism in the US and Europe? Populism as a Deviation in the Median Voter Theorem
(Universidade da Coruña, Servizo de Publicacións, 2018)
[Abstract] The current surge of populism in Europe and the United States calls for further analysis using public choice tools. In this article, populism is modelled as a deviation from the normal state of the median voter ...
Exchange Policy Credibility Through the Lens of the Carry Trade: The Mexican Peso and the Brazilian Real
(Universidade da Coruña, Servizo de Publicacións, 2018)
[Abstract] Exchange credibility is a valuable asset for currency policymakers. In this article we intend to analyse exchange credibility from the perspective of carry trade speculators. Global speculators' access to shadow ...
Transparency and local government corruption: what does lack of transparency hide?
(Universidade da Coruña, Servizo de Publicacións, 2018)
[Abstract] This paper empirically investigates the causal relationship between local government transparency and political corruption in a sample of Spain's 110 largest municipalities. After implementing a two-stage probit ...