Deficit irrigation after harvest has been proven to be a more profitable strategy for producing loquats due to its effects on promoting earlier flowering and harvest date next season. To determine water savings which most advance flowering and harvest dates, an experiment was established to...

This paper falls under the literature on weighted monetary aggregates that seeks to relax the assumption of perfect substitutability of assets implicit in the use of traditional monetary aggregates. Specifically, using the methodology recently proposed by Feldstein and Stock, an estimation is...

This paper investigates the presence of liquidity premia in the relative pricing of assets traded on the Spanish government securities market. First, we propose a classification of bonds into four different categories based on their degree of liquidity. Second, we estimate liquidity premia,...

This paper analyses the informational content of financial prices in Spain, mainly from the viewpoint of a central bank. In partiocular, we examine the informational content of domestic yields and yield spreads, foreign-domestic spreads, credit quality spreads, stock prices and excahnge rates on...