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emergence of future housing bubbles. Case studies of the recent housing bubbles in the United States and Spain are also featured …“This book provides an accessible, yet formal framework to understand how housing bubbles arise, their international … and valuable set of policy orientations.” Óscar Arce, Director General, Banco de España, Madrid, Spain Booms and busts of …
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Spain's economic expansion and social modernization ended abruptly in 2008 when the turbulence of the US economy spread … to international financial markets. This chapter analyses the impact of the international crisis in Spain, where the … problems were to be deeper and longer-lasting, given the large imbalances accumulated. Spain's membership in the EMU is …
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The Economics of Monetary Union: the Theory of Optimum Currency Areas (OCAs) -- The Economic Rationale of Fiscal Rules in OCAs: The SGP and the EDP -- To Cope with Asymmetric Shocks in EMU: The Role of Labour Market Flexibility -- The Concept of Labour Market Flexicurity in the Eurozone -- The...
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The economic and financial crisis has hit Spain harder than practically any other country in Europe. Even if there are … 54 per cent among Spain's young people. The data presented in this article, which were obtained via a representative …. Above all, the findings clearly show how little confidence the people of Spain have in their government's ability to solve …
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