About
Thanks for visiting my site.
I'm Ángel López, a Postdoctoral Researcher at IESE Business School, Barcelona. I have a PhD in Economics from the Toulouse School of Economics. I also hold a M.Phil in Mathematical Economics and Econometrics and a MSc in Networks Industrial Economics.
I am on the JOB MARKET this year (2011-2012). I will be attending ASSA Meeting (Chicago) and SAE (Málaga).
Download my CV (last updated October, 2011).
OFFICE CONTACT INFORMATION
Public-Private Sector Research Center
IESE Business School
Av. Pearson, 21
08034, Barcelona, Spain
Tel: (34) 93 253 42 00 (ext. 4554)
alopezr@iese.edu
| REFERENCES: | |
| Professor Patrick Rey (thesis advisor) Toulouse School of Economics Tel. +33 5 61 12 86 40 patrick.rey@tse-fr.eu |
Professor Xavier Vives IESE Business School Tel. +34 93 253 42 00 xvives@iese.edu |
| Professor Tommaso Valletti Imperial College Business School Tel. +44 20 7594 9215 t.valletti@imperial.ac.uk |
Professor José Luis Moraga Free University Amsterdam Tel. +31 20 598 69 81 j.l.moragagonzalez@vu.nl |
RESEARCH INTERESTS
Primary Fields: Industrial Organization, Microeconomics
Secondary Fields: Banking, Energy, Payment Systems, Telecommunications
JOB MARKET PAPER
Mobile Termination, Network Externalities, and Consumer Expectations, with Sjaak Hurkens. [Download PDF]
We re-examine the literature on mobile termination in the presence of network externalities. Externalities arise when firms discriminate between on- and off-net calls or when subscription demand is elastic. This literature predicts that profit decreases and consumer surplus increases in termination charge. This is puzzling since in reality regulators are pushing termination rates down while being opposed to do so by network operators. This puzzle is resolved when consumers' expectations are assumed passive but required to be fulfilled in equilibrium (as defined by Katz and Shapiro, AER 1985), instead of being rationally responsive to non-equilibrium prices, as assumed until now.
PUBLICATIONS
The Welfare Effects of Mobile Termination Rate Regulation in Asymmetric Oligopolies: the Case of Spain, with Sjaak Hurkens.
Telecommunications Policy, forthcoming [pdf]
Government, taxes and banking crises, with Augusto Hasman and Margarita Samartín.
Journal of Banking & Finance, Volume 35, Issue 10, October 2011, pp. 2761-2770.
Asymmetric access pricing in the Internet backbone market.
Economics Letters, Volume 112, Issue 1, July 2011, pp. 3-6.
Mobile termination rates and the receiver-pays regime.
Information Economics and Policy, Volume 23, Issue 2, June 2011, pp. 171-181.
Selecting effective divestments in electricity generation markets, with Giulio Federico.
European Transactions on Electrical Power, Volume 21, Issue 6, September 2011, pp. 1914-1922.