Housing prices in Spain have increased heavily since 1999, increasing household financial effort needed to buy a house. Inflation data, obtained from HIPC (Harmonized Index of Consumer Prices) has reached very low values in this period. HIPC design doesn’t include housing prices and Housing...

In this paper we study the NAIRU conception and its determination for Spanish economy since 1976 to 1997. It’s a very important conception in actual Macroeconomics but there are strong controversies about it. We have linked it with other important conception –causality- and we have applied...

: In this paper we study the long run saving-investment relationship in Latin America, through ECM methodology. In this way we argue about Feldstein- Horioka seminal analysis concerning international capital mobility.// En el presente trabajo estudiamos la relación de largo plazo entre ahorro e...