In this paper we provide new evidence on the hypothesis of German leadership and asymmetric performance in the EMS, in the framework of causality tests, using daily data. Given the evidence about non-linearity in financial ...

This paper examines how the member countries of a monetary union react to country-specific shocks and to shocks from the rest of the world, when the budget deficit is the only policy instrument available. We develop a ...

This paper examines how the member countries of a monetary union react to country-specific shocks and to shocks from the rest of the world, using supply-side policies. We develop a three-country model in which countries ...

Las matrices de contabilidad social son bases de datos específicas para modelos lineales y modelos de equilibrio general aplicado. La adecuación de las matrices para análisis de política económica requiere con frecuencia ...

Empirical assessments of trade policy in single-country models have addressed extensively the assumption of increasing returns to scale versus constant returns to scale, but the alternative assumption of small open economy ...

El presente estudio lleva a cabo un análisis de los factores determinantes de la competitividad comercial de los sectores industriales españoles durante el período de tiempo 1973-1993, con respecto a sus principales ...

Background. Several different proposals have been made recently to reform the organisation, financing and management of the health care system in Spain. The aim is to obtain improved efficiency, without prejudicing the ...

With the concept of 'societal perspective' in mind, a study using the PTO and 8 EQ-5D defined health states, (using two selection criteria: states self assessed by people in a real context -women with breast cancer-, and ...

Many recent works have investigated the question of extending a preference over a set of alternatives to its power set, as a way to provide a formal representation of the notion of freedom of choice. In general, the results ...

This work analyzes the problem of individual choice of actions under complete uncertainty. In this context, each action consists of a set of different possible outcomes with no probability distribution associated with them. ...