By using the X-12-ARIMA procedure and the HP filter (lambda = 1 096) with end-of-sample correction (St. Amant and van Norden, 1997; Sarabia, 2010), we identified the growth cycles and estimated the potential output for the Mexican economy (1980.1- 2013.4). We found that: a) there have been six...

<Para ID="Par1">A quadratic version of the first-difference Okun’s Law model was estimated for Spain (1995.Q1-2012.Q2). An accelerationist version of Okun’s Law was obtained, which allowed us to calculate variable Okun coefficients as well as critical points in the relationship between construction sector...</para>