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...

This paper is the first attempt to investigate the performance of different learning rules in fitting survey data of household and expert inflation expectations in five core European economies (France, Germany, Italy, Netherlands and Spain). Overall it is found that constant gain learning...

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in the growth rate of the money supply. We examine the Phillips curve from the perspective of what we call "frictional growth", i.e. the interaction between money growth and...