We analyse the impact of fiscal policy shocks in the euro area as a whole, using a newly available quarterly dataset of fiscal variables for the period 1981-2007. To allow for comparability with previous results on euro area countries and the US, we use a standard structural VAR framework, and...

A pesar de la enorme y creciente importancia de las ramas de actividad de servicios en las economías desarrolladas, hasta fechas recientes los recursos destinados a su análisis han sido muy inferiores a los dirigidos a las ramas industriales. Las mejoras en lo que se refiere a la...

During the last decades the exchange trade in Spain overseas has experienced a major boost, firstly related to European market integration and, recently, to the worldwide globalization process, whereby huge exporters (i.e. China or India) have raised to the new international scene and the...