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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...
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We analyze data on happiness for Argentina and Uruguay. The focus is put on self-reported health status as a key aspect … main relationship is between happiness and health status. Whether this is a causal effect or a correlation, is not clear …. This issue is explo red using matching methods, finding that a good health status increases the probability of being happy …
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During the last years, Mexico has registered relatively large output falls. The business cycle accounting method of Chari, Kehoe and McGrattan (2007) is applied to the two most recent recessions in Mexico (including the “Tequila crisis”) in order to understand what are the most important...
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English Abstract: This paper first constructs a regional-scale indicator that seeks to gauge the volume of measures implemented at each point in time to contain the pandemic. Using textual analysis techniques, we analyse the information in press news. At the start of the pandemic, measures were...
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