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The paper provides probability estimates of the state of the GDP growth. A regime-switching model defines the probability of the Greek GDP being in boom or recession. Then probit models extract the predictive information of a set of explanatory (economic and financial) variables regarding the...
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Spain is justified for three reasons. First, it is one of the OECD countries that has been the most affected by the Great …
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Spain is justified by three reasons. First, it is one of the OECD countries most affected by the Great recession in terms of … both GDP and public deficit. Second, Spain is one of the most decentralized countries in the world. Third, compliance with …
Persistent link: https://www.econbiz.de/10012110762
This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …
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