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We study the price convergence of goods and services in the euro area in 2001-2002. To measure the degree of … suggests that the markets were very integrated before the euro changeover. Moreover, we do not identify an integration effect … attributable to the introduction of the euro. We then explore the determinants of the European borders. We find that different …
Persistent link: https://www.econbiz.de/10005572641
This paper offers empirical evidence that a country's choice of exchange rate regime can have a signifficant impact on its medium-term rate of productivity growth. Moreover, the impact depends critically on the country's level of financial development, its degree of market regulation, and its...
Persistent link: https://www.econbiz.de/10005772414
Some past studies analyzed Spanish monetary policy with the standard VAR. Their problem is that this method obliges researchers to impose a certain extreme form of the short run policy rule on their models. Hence, it does not allow researchers to study the possibility of structural changes in...
Persistent link: https://www.econbiz.de/10005704964
, Spain is of particular interest as a result of the specific regional NHS decentralisation that started in the early 1980’s …
Persistent link: https://www.econbiz.de/10005827530
history. Philip II of Spain entered into hundreds of contracts whose value and due date depended on verifiable, exogenous …
Persistent link: https://www.econbiz.de/10009321254
Spain). Second, by considering the influence of unobserved heterogeneity in the estimation of the effect of our (carefully … strong impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for … especially interesting instance: the reform of early retirement provisions undertaken in Spain in 2002. We use a difference …
Persistent link: https://www.econbiz.de/10008683242
I document extremely son-biased sex ratios at birth among Asian-born parents in Spain. Using data on the universe of … registered births in Spain during 2007- 2012, I show that there are 117 boys per 100 girls born to Indian parents, compared with …
Persistent link: https://www.econbiz.de/10010849594
first. Finally the trend of disability in Spain seems not to change among years and regional differences are not found. …
Persistent link: https://www.econbiz.de/10010553344
Philip II of Spain accumulated debts equivalent to 60% of GDP. He also defaulted four times on his short-term loans …
Persistent link: https://www.econbiz.de/10008836701
Spain. Exploiting regional variation over time, we find that babies are born healthier when the local unemployment rate is …
Persistent link: https://www.econbiz.de/10010896612