En este trabajo hemos tratado el concepto de paridad de poder adquisitivo y analizado la evolución de la misma siguiendo la sucesión cronológica de los distintos períodos temporales. Los distintos planteamientos que se han realizado en la teoría de la paridad de poder adquisitivo pueden...

This paper considers optimal stabilization policy and nominal income targets for an open economy where the authorities are concerned both with unemployment and monetary instability. To fully achieve these two objectives the authorities must use both monetary and "supply-side" fiscal policy. It...

We develop a model in which two profit maximizing exchanges compete for IPO listings. They choose the listing fees paid by firms wishing to go public and control the trading costs incurred by investors. All firms prefer lower costs, however firms differ in how they value a decrease in trading...

Non-tariff measures such as food safety standards are used to achieve the non-trade objective of protecting consumers' health and safety. However, they can also be used as a trade protection tool to drive a price wedge between domestic and foreign producers. This study investigates the...