Bueno, José Luis Cendejas; Muñoz, Félix-Fernando; … - In: World Economics 15 (2014) 2, pp. 77-110
The severe financial crisis that grips Spain has multiple causes. One has been the massive and continued expansion of the money supply since Spain’s accession to the Eurozone, and the non-negligible effects of this expansion on asset prices as well as on the structure of the economy. We...