The objective of the present work is to explore the non-linear relationship between money and inflation in Colombia through an artificial neural network using monthly information for the variation of the consumer price index and the monetary aggregate M3 since January 1982 through February 2005....

We estimate the Okun Law for Andalusia and Spain using quarterly data for the period 1984-2000. We take a VAR approach that allows us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment gap in the two regions, as well as the asymmetric nature...