In this paper we provide an empirical evaluation of the effects of a cut in social security contributions (i) for all types of labour, and (ii) only for unskilled labour, within a computable general equilibrium model ...

The objective of this paper is to develop a general framework for the macroeconomic modelling of monetary unions, which could be useful for policy analysis, as well as for teaching purposes. Our starting point will be the ...

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, ...

In this paper we first review the available literature on the degree of insurance against shocks, provided by the central budget in the federal systems already existing. Next, we discuss the main points raised on the debate ...

In this paper we provide a connection between concentration and inequality by showing that the inequality measures consistent with the whole class of Hannah-Kay concentration indices are the general entropy inequality ...

En este trabajo se contrasta empíricamente el cumplimiento del efecto Fisher a largo plazo para el caso español, utilizando datos trimestrales para el periodo 1962-1996. Para ello se utilizan nuevas técnicas de raíces ...

In this paper we provide an empirical assessment of two of the measures proposed in the context of the European Single Market, namely, easing the provision of domestic and foreign services, and modifying the rules of public ...

This paper tries to analyse the main features associated with foreign direct investment (FDI) directed to Spanish manufacturing, both across industries and through time. To this end, we will make use of a data set on 20 ...

This paper discusses the relative effectiveness of monetary and fiscal policies in a series of dynamic models of the open economy, by embodying in a unified general framework some different assumptions previously stated ...

We develop in this paper an augmented version of the Solow (1956) growth model, including the role of government. The model leads to a non-monotonic relationship between the rate of growth of per capita output and government ...