We investigate the role that climatic change has played in the pattern of urbanization in sub-Saharan countries compared to the rest of the developing world. To this end we assemble a cross-country panel data set that allows us to estimate the determinants of urbanization. The results of our...

This paper provides an empirical investigation of the wage, price and unemployment dynamics that have taken place in Spain during the last two decades. The aim of this paper is to shed some light on the impact of the European economic integration process on Spanish labour market and the...

With the beginning of the European Monetary Union (EMU), euro-area sovereign securities’ adjusted spreads over Germany (corrected from the foreign exchange risk) experienced an increase that caused a lower than expected decline in borrowing costs. The objective of this paper is to study what...