Este trabajo plantea una nueva fórmula de cálculo de la pensión inicial actuando tanto sobre la base reguladora como, fundamentalmente, sobre el porcentaje aplicado a dicha base o tasa de sustitución. Dicha fórmula contiene dos partes diferenciadas, una que asegura el objetivo de equidad...

La principal aportación de este trabajo es la definición y la cuantificación del déficit financiero-actuarial de un sistema de pensiones. Para ello, en primer lugar, se obtiene un modelo teórico para el cálculo de la deuda implícita a través de dos métodos diferentes (“Método...

This paper analyses the effects of introducing typical Keynesian features, namely rule-of-thumb consumers and consumption habits, into a standard labour market search model. It is a well-known fact that labour market matching with Nash-wage bargaining improves the ability of the standard real...

La crisis de deuda en la Union Economica y Monetaria ha planteado la necesidad en muchos de sus paises miembros de abordar una consolidacion fiscal sin precedentes, no solo a corto sino tambien a largo plazo. Por esta razon se ha reavivado la urgente necesidad de acelerar en muchos casos las...

We construct a revised version of the Barro and Lee (1996) data set for a sample of OECD countries using previously unexploited sources and following a heuristic approach to obtain plausible time profiles for attainment levels by removing sharp breaks in the data that seem to reflect changes in...

This paper presents a new macroeconomic database for the Spanish economy, REMSDB. The construction of this database has been oriented to conducting medium-term simulations for policy evaluation with the REMS model, a large Rational Expectations macroeconomic Model for Spain. The paper provides a...

This paper describes a Rational Expectations Model of the Spanish economy, REMS, which is in the tradition of small open economy dynamic general equilibrium models, with a strongly microfounded system of equations. The model is built on standard elements, but incorporates some distinctive...

This paper analyses the effects of introducing two typical Keynesian features, namely rule-of-thumb (RoT) consumers and consumption habits, into a standard labour market search model. RoT consumers use the margin that hours and wage negotiation provides them to improve their lifetime utility, by...

In this paper we extend the Stock and Watson’s (Leading economic indicators, new approaches and forecasting records, <CitationRef CitationID="CR17">1991</CitationRef>) single-index dynamic factor model in an econometric framework that has the advantage of combining information from real and financial indicators published at different...</citationref>