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Spain's current recession was preceded by an extended period of rapid growth in real estate and equity prices. The recent sudden and sharp decline in these asset prices has been followed by a deep economic contraction. Is this recession a large but transient phenomenon? Or is it perhaps instead...
Persistent link: https://www.econbiz.de/10008509065
The purpose of this article is to analyze the growth of the Spanish economy since the advent of democracy until today. In the first part, the specificities of the growth model are analysed, showing that the empirical evidence is not consistent with the conclusions of the standard growth models...
Persistent link: https://www.econbiz.de/10008552678
En este artículo cuantificamos las consecuencias para la economía española de subir los tipos del Impuesto sobre el Valor Añadido (IVA). Con este fin comparamos los resultados de dos modelos econímicos: un modelo de crecimiento neoclásico tradicional con un hogar y una empresa...
Persistent link: https://www.econbiz.de/10008555865