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Persistent link: https://www.econbiz.de/10005235341
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This paper investigates the relationship between height and some measures of human welfare in Spain for the period 1850-1978. For that purpose, we employ several filtering methods to measure the correlation between variables such as first order differences, deterministic trends, the Hodrick and...
Persistent link: https://www.econbiz.de/10009645827
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I contemplate the Taylor rule as a benchmark for setting monetary policy in some Accession Countries to the EU in the 1998-2003 period. I find that countries with a floating exchange rate regime (the Czech Republic, Poland and Hungary) moved short-term interest rates as suggested by the Taylor...
Persistent link: https://www.econbiz.de/10005181853
This paper presents empirical evidence about the determinants of the arrival times and the magnitude of interventions taken by the Bank of Spain during the period of 1984-98 in order to modify its monetary-policy stance. Interventions are captured by changes in the marginal day-to-day interest...
Persistent link: https://www.econbiz.de/10005682319
I contemplate the Taylor rule as a benchmark for setting monetary policy in some Accession Countries to the EU in the 1998-2003 period. I find that countries with a floating exchange rate regime (the Czech Republic, Poland and Hungary) moved short-term interest rates as suggested by the Taylor...
Persistent link: https://www.econbiz.de/10010629327
Persistent link: https://www.econbiz.de/10005224777
This paper analyzes the curse of natural resources from a new approach, taking as reference object the economy of the Netherlands. It is shown how the deindustrialization process of an economy suffers as a result of the natural resource sector development, and how it may cause lower growth rates...
Persistent link: https://www.econbiz.de/10010568130