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Optimal time-consistent fiscal policy under endogenous growth with elastic labor supply

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A real business cycle model with tradable and non-tradable goods for the Spanish economy

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Implementation of tax cuts through efficient recompositions of government spending in a neoclassical growth model

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Private consumption and sector price behaviour in the Spanish economy : a business cycle approach

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Exploring the sources of Spanish macroeconomic fluctuations : an estimation of a small open economy DSGE model

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Evidence about asymmetric price transmission in the main European fuel markets : from TAR-ECM to Markov-switching approach

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Private consumption and sector price behaviour in the Spanish economy: a business cycle approach

Martín-Moreno, José María; Pérez, Rafaela; Ruíz, Jesús - In: Applied Economics Letters 19 (2012) 9, pp. 863-868

In this article we examine the consequences of introducing tradable, nontradable and investment goods in a small open economy business cycle model in the case of Spain. The stochastic simulation of the model and its comparison to the Spanish economic data show that the model is able to mimic two...

Persistent link: https://www.econbiz.de/10010976508