PUBLICATIONS IN REFEREED JOURNALS:

• "Estimating Nonlinear Models with Multiple Fixed Effects: A Computational Note", Oxford Bulletin of Economics and Statistics, forthcoming, published online August 2011, DOI: 10.1111/j.1468-0084.2011.00655.x.
  WP version March 2011 - ABSTRACT
  


• "Modelling Heterogeneity and Dynamics in the Volatility of Individual Wages", Journal of Applied Econometrics, 27, 386-414, 2012, DOI: 10.1002/jae.1204.
  WP version May 2010
  
This paper presents a model for the heterogeneity and dynamics of the conditional mean and the conditional variance of individual wages. A bias-corrected likelihood approach, which reduces the estimation bias to a term of order 1 over T squared, is used for estimation and inference. The small sample performance of the proposed estimator is investigated in a Monte Carlo study. The simulation results show that the bias of the maximum likelihood estimator is substantially corrected for designs calibrated to the data used in the empirical analysis, drawn from the PSID. The empirical results show that it is important to account for individual unobserved heterogeneity and dynamics in the variance, and that the latter is driven by job mobility. The model also explains the non-normality observed in logwage data.
Close ABSTRACT


• "Gender differences in Wage Growth and Job Mobility of Young Workers in Spain", Investigaciones Económicas, 33(1), 5-37, 2009.
  Published paper January 2009 - ABSTRACT
  

PAPERS UNDER REVIEW:

• "Job Changes and Individual - Job Specific Wage Dynamics". Banco de España WP 0907 2009, IZA DP 5088 2010. Revision requested by Labour Economics.
  This version February 2011 - ABSTRACT
  

WORKING PAPERS:

• "Earnings Inequality in Spain: Evidence from Social Security Data", with Stéphane Bonhomme.
  This version March 2012 - ABSTRACT
  


• "Retirement patterns of couples in Europe", with Gema Zamarro.
  This version January 2012 - ABSTRACT
  

WORK IN PROGRESS:

• "Temporary Jobs in Spain", with Pilar Cuadrado and Aitor Lacuesta (in progress).


• "The Public-Private Wage Gap by Gender: Evidence from Spanish Income Tax Data", with Enrique Moral-Benito (in progress).


• "Does supply of higher education affect educational attainment and productivity? Evidence from new universities in Spain", with Natalia Zinovyeva (in progress).

OTHER PUBLICATIONS IN SPANISH:

• "La Economía de Género: un campo de investigación en expansión" [in Spanish], Artículo de Boletín Económico Banco de España, September 2009.
  


• "El ajuste de las plantillas de las empresas españolas: el papel de los despidos por causas objetivas" [in Spanish], with Juan Francisco Jimeno, Artículo de Boletín Económico Banco de España, February 2011.