4th Fiscal Policy Modelling Workshop

March, 23-25, 2022

Organizer: Joint Research Centre (European Commission)

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ECOBAS Research Seminar: André Seidel - University of Bergen (Norway)

How much do we know about firm activities around the world? To understand global firm networks and how they operate, we need consistent information about their activities that is not biased by firm reporting choices. In this paper, we collect a novel dataset on factory land consumption and the light these factories produce at night for a large sample of car manufacturing plants to provide such data. We show that we can measure firm activity with this data, using annual firm financial data and high-frequency data related to COVID-19 pandemic production shocks. We use this data to quantify the extent of unreported and misallocated global turnover and show the asset allocation across subsidiaries of multinational firms (MNCs) that is not biased by profit shifting.

Seminar in English

XXXV ASEPELT International Congress

June 29 to July 2, 2022

Organizer: Department of Applied, Public and Political Economics. School of Statistical Studies - Universidad Complutense de Madrid

Important dates:
  • Deadline for submission of abstracts: March 15, 2022
  • Acceptance Notice: March 20, 2022

More information: https://www.congresoasepelt.com/

Call for papers

Doctorate Seminar: Javier Turienzo Riveiro (University of Vigo)

Mobility, understood as the ability to easily organize and execute the transport of people or materials, plays a central role in the day-to-day life of organizations. The evolution of mobility is highly interconnected with social trends and the development of technological innovation, and the impact of changes in the industry and the value chain needs to be addressed. The incorporation of solutions in the field of electrification, servitization, automation, or connectivity will prevail as major trends when their comparative performance with current media improves. In order to plan and develop the strategy that prepares companies and public administrations, it is necessary to rethink how they try to enter the market and define the role of the possible actors. Consequently, the seminar deals with the study of current and future changes in mobility as a result of innovation, changes in lifestyle, and technological impact.

ECOBAS Research Seminar: Tiago Tavares – ITAM (México)


Using new census-type data and a dynamic structural model, we study the effect of credit supply on investment by manufacturing firms during the Greek depression. Real factors (profitability, uncertainty, and taxes) account for only a fraction of the substantial drop in investment observed in the data. The reduction in credit supply has significant real effects, explaining 11–32% of the investment slump. We also find that exporting firms, which reduce investment and deleverage despite their improved profitability during the crisis, face a contraction in credit supply similar to that of non-exporters, suggesting that the credit-supply shock has a significant common component.

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