This paper analyses the relative price variability (here after, RPVI) for Argentina from 1960 to 1993. The authors have distinguished a first period (1960-1975) with a moderate and stable inflation and a second one (1975-1993) with four inflation regimes: moderate, high, very high and...

This paper deals with the equilibria of games when the agents have multiple objectives and therefore, their utilities cannot be represented by a single value, but by a vector containing the various dimensions of the utility. Our approach is based on the incorporation into the model of...

The behavior of Spanish inflation rates at the provincial level (consumption prices) differs over the two spans of time considered in our study (1955.1–1978.6, 1978.7–2014.4). We point to a long list of institutional and economic changes, at national and international levels, as the...

Purpose The purpose of this study is to analyse the gender wage gap (GWG) in Spain adopting a labour market segmentation approach. Once we obtain the different labour segments (or idiosyncratic labour markets), we are able to decompose the GWG into its observed and unobserved heterogeneity...

In this work we centre on the menu cost models of new keynesian economics and, more concretely, on the empirical testing line proposed by Ball and Mankiw (1994, 1995), authors that confront in a monopolistic competition model the explanation of why a shock that affects relative prices also...