En este trabajo se mide la contribución de los flujos laborales entre el empleo, el desempleo y la inactividad a la variación de la tasa de desempleo registrada en once países de la UE durante el período 2006-2012, prestando especial atención a la composición de dichos flujos por grupos...

This dissertation consists of three essays. Chapter II examines the possibleasymmetric response of gasoline prices to crude oil price changes using an errorcorrection model with GARCH errors. Recent papers have looked at this issue. Some ofthese papers estimate a form of error correction model,...

The purpose of this paper is to empirically analyse the revenue-expenditure models of publicfinance by considering the possibility of non-linear and asymmetric adjustment. A long-runrelationship between general government expenditure and revenues is identified for Italy.Following system-wide...

The launch of the economic and monetary union in Europe and the 1997 financial crisis that underscored the disadvantages of currently employed exchange rate regimes raised questions about the feasibility of a similar monetary unification project for East Asia. Being one of the most dynamically...

Intra-trade among ASEAN countries have remained around 20% over the period 1993 until 2001 (ASEAN Secretariat). With this significant amount of trade being conducted between members of ASEAN countries, businesses were faced with exchange rate exposure due to the volatility of the exchange rate...