Entry of new firms, both in the form of entrepreneurs or corporations, fosters competition and
productivity. Both the entry of firms and productivity have been low in the Spanish economy …

Different public agencies are seeking to draft “better regulation”. Complex or poorly drafted
norms are more difficult for economic agents to implement, tending to erode economic …

Housing prices are rising faster than incomes in many areas of the world, reducing well-
being and engendering social discontent. Passivity by municipal and national governments …

Previous literature finds that the quality of judicial enforcement has a positive impact on
average firm size, but it has not disentangled its effect on the growth of incumbent firms from …

The Spanish banking crisis is one of the most salient chapters of the larger Eurozone crisis.
It is, of course, associated with the boom and bust in the real estate sector, like many other …

A number of theoretical and empirical studies have shown that the development of credit
markets is affected by the efficacy of enforcement institutions. A less explored question in …

Las economías desarrolladas están sujetas a regulación. Esta tiene como objetivo mitigar
los fallos de mercado y los costes de transacción, pero si no está bien diseñada, podría …

After a long academic debate, Spain finally repealed in 2012 the deduction for home
purchase. The abrogation took effect in 2013. In parallel, the VAT for the purchase of new …

¿ Cómo funciona realmente la justicia en España y cómo afecta a nuestro bienestar? Un
sistema judicial eficaz es esencial para el desarrollo económico y su lentitud cuesta mucho …

Un marco regulatorio que pueda considerarse excesivamente «complejo» puede tener
consecuencias, potencialmente negativas, en la economía y en la sociedad españolas. Este …