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The post-covid inflation episode
(2023)
Documento de trabajo / Lan gaia,
The recent inflation episode has been examined in an estimated NK-DSGE model with sticky wages and unemployement. The rise of US price inflation resulted from a combination of a sudden rise in 2020, the expansionary monetary ...
Trade-offs in health investments: HIV, malaria and malnutrition
(2017)
Documento de trabajo / Lan gaiak,
While life expectancy has increased worldwide during the last decades, the developing
world is still losing millions of lives each year due to three pervasive illnesses: Malaria,
HIV and Chronic Malnutrition. This work ...
Growth with technical change and human capital: transition dynamics versus steady state predictions
(1999)
Documento de trabajo / Lan gaiak,
This paper studies the steady-state and transitional dynamics predictions of an R&D-based growth model and evaluates their performance in explaining income disparities across countries. We fnd that even though steady-state ...
Growth and public support to research and imitation: the international connection
(1999)
Documento de trabajo / Lan gaiak,
This paper studies technology policy within the context of an R&D-based growth model. We first use cross-country data to document several empirical regularities regarding the relationship between public support to research ...
Incentives to give up resource extraction and avoid the tragedy of the commons
(2013)
Documento de trabajo / Lan gaiak,
This paper develops a general model of common resource extraction where we introduce payments for environmental services to encourage resource users to give up extraction. The goal is to reach a balance between resource ...
¿Es sostenible el sistema de Seguridad Social en España? Situación actual y perspectivas
(1999)
Documento de trabajo / Lan gaiak,
En este trabajo se analiza la sostenibilidad del sistema de la Seguridad Social en España. Para ello se examinan los principales componentes de los ingresos y gastos del sistema que han caracterizado su evolución en los ...
Efectos de cambios impositivos en un modelo de equilibrio general aplicado: un análisis de la reforma de 1995
(1999)
Documento de trabajo / Lan gaiak,
En este trabajo se analizan los efectos de una disminución de los tipos de las cotizaciones sociales, compensada con un incremento en los tipos del impuesto sobre el valor añadido, como la que tuvo lugar en España en 1995. ...
There was monetary autonomy in Europe on the eve of EMU? The German dominance hypothesis reexamined
(1999)
Documento de trabajo / Lan gaiak,
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of monetary autonomy in Europe associated with EMU had been significant. We use Granger-causality tests between the interest ...
Foreign direct investment and trade: a causality analysis
(1999)
Documento de trabajo / Lan gaiak,
We analyse in this paper the relationship between outward FDI and exports, with Spanish quarterly data for the period 1977-1992. The empirical methodology makes use of Granger-causality tests in a cointegration framework, ...
Fiscal policy and growth revisited: the case of the Spanish regions
(1999)
Documento de trabajo / Lan gaiak,
This paper presents an assessment of the effects of fiscal policy on economic growth. Starting from a theoretical model in which only those fiscal policy instruments presumed to strictly influence the production process ...