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The extensive margin and US aggregate fluctuations: a quantitative assessment
(Elsevier, 2020)
Artículo / Artikulua,
We report empirical evidence indicating that US net business formation has recently turned more volatile, procyclical and persistent. To study these stylized facts, we estimate a DSGE model with endogenous entry and exit. ...
The timing and intensity of social distancing to flatten the COVID-19 curve: the case of Spain
(MDPI, 2020)
info:eu-repo/semantics/article,
The continued spread of COVID-19 suggests a significant possibility of reimposing the lockdowns and stricter social distancing similar to the early phase of pandemic control. We present a dynamic model to quantify the ...
On staggered prices and optimal inflation
(Elsevier, 2019)
info:eu-repo/semantics/article,
This paper computes the steady-state optimal rate of inflation in a model with monopolistic competition under two different sticky-price specifications, Calvo (1983) and Taylor (1980).The optimal rate of inflation is ...