1. Introduction. A distinctive proponent of classical political economy in the Spanish-speaking world -- 2. The Absolutism six-year Period (1814-1820). Encountering Smith and Say -- 3. The Liberal Triennium (1820-1823). Mora, Bentham and radical liberalism -- 4. London (1824-1827). The approach...

We estimate a New Keynesian DSGE model on French, German, Italian, and Spanish data. The main aim of this paper is to check for the respective sets of parameters that are stable over time, making use of the ESS procedure ('Estimate of Set of Stable parameters') developed by Inoue and Rossi...