The Real Exchange Rate (RER) dynamic has been widely studied. The international literature shows that, in the period after the Bretton Woods treaties, it would follow a non-stationary process. The evidence for the Chilean economy suggests that only in the very long term it is possible to find...

This paper aims at exploring the influence that the changes in sectoral composition in most EU economies have had on aggregate energy intensity. We rely on the so-called Logarithmic Mean Divisia Index (LMDI) method, implemented within a multiplicative energy intensity approach. Then, based on...

We propose to apply the group fused Lasso to estimate time series models with endogenous regressors and an unknown number of breaks. It can correctly determine the number of breaks and estimate the break dates asymptotically. Simulations and applications are given.

In this paper, we propose an alternative approach for forecasting mortality for multiple populations jointly. Our contribution is developed upon the generalized linear models introduced by Renshaw et al., (1996) and Sithole et al., (2000), in which mortality forecasts are generated within the...

Recent significant changes in the sawnwood consumption per capita in some European countries raise the questions, whether similar changes could happen in other countries as well, and if so, driven by what? The objective of this study is to identify potential factors affecting the level and...

The worsening of the environmental issues, at world level, has to be faced and countered by deeply modifying the ways of utilizing the natural resources. Energetic and material, that still today are highly dissipative of effluents and wastes: furthermore, the demand of raw materials has been...

The paper aims at proposing a sectoral «shift and share» analysis of the labour productivity growth of the Italian Regions through a decomposition in two different components: an intra-sectoral one, which relates to productivity gains achieved thanks to the internal improvements of...

The study aims to identify socio-economic characteristics and structural change of regionsin the new European Union Member States. The convergence and growth are central aspectsof the investigation. In this context, it intends to pursue a dual track analysis: a) highlight theextent and causes of...

The paper investigates whether the growing GDP share of the services sector can contribute to explain the great moderation in the US. We identify and analyze three oil price shocks and use a SVAR analysis to measure their economic impact on the US economy at both the aggregate and the sectoral...

This paper describes the out-of-equilibrium approach to the analysis of economic processes. We argue that such an approach is adapted to study qualitative (or structural) changes, like technical progress or changes in preferences. Truly sequential analyses manage to capture the essential...