In the last decade, different studies have empirically tested the existence or not of a positive relationship between local human capital stock and regional productivity. The most usual finding has been a positive correlation among them. However, different authors do not agree when explaining...

In a big amount of economies (NUTS-I) the evolution of manufacturing production is analysed using Gross Domestic Product (GDP) and Gross Added Value (GAV) data from National Accounts. In Spain, the problem of using these data is that they are not available as soon as it would be desirable. In...

With no doubt, the main cost of joining a currency area is the loss of monetary policy instruments at a national level (e.g. the exchange rate) as stabilisation mechanisms against macroeconomic disturbances that only affect one country of the area or affect them in different manners. As this...

One of the most obvious consequences of a monetary union is that monetary policy is lost as an instrument of national macroeconomic policy. The loss of the exchange rate as a national policy instrument has important implications for macroeconomic stability in the presence of asymmetric shocks,...

Although there are hundreds of works using PISA microdata to analyse the determinants of educational outcomes, only a few of them have considered the relevance of geography. In this paper, we focus on the analysis of differences in educational outcomes between students in rural and urban...