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Using different econometric models, Diebold and Li (J Econom 130:337-364, 2006) addressed the practical problem of forecasting the yield curve by predicting the factors level, slope and curvature in the Nelson-Siegel framework. This paper has two main aims: on the one hand, to investigate the...
Persistent link: https://www.econbiz.de/10011311742
structure their actions accordingly. Using Spain during the 2008-2012 period as an illustrative example, we find supporting …
Persistent link: https://www.econbiz.de/10012389039
This paper presents evidence of the effect of the recent phases of the business cycle in Spain and United States …
Persistent link: https://www.econbiz.de/10011417948
The Spanish debt consolidation between 1996 and 2007 represents, by its size and duration, an impressive case among the European Union countries. This paper aims at characterizing the Spanish debt consolidation process in order to assess its effects on economic inequality and welfare. For that...
Persistent link: https://www.econbiz.de/10011417950
This paper analyses the level of inequality in Spain and how it evolved over the course of the past crisis and the … and wealth inequality, and studies how they have developed. The analysis shows less wage dispersion in Spain than in other … inequality in per capita income. The level of inequality in Spain is more moderate when total gross household income is analysed …
Persistent link: https://www.econbiz.de/10012033371
destruction as registered by the Social Security in Spain. We focus on the period of economic recovery after the 2012 Labour …
Persistent link: https://www.econbiz.de/10012033375
is to compare the relative efficiency of hotel chains operating in Spain. To do this, we have designed a stochastic …
Persistent link: https://www.econbiz.de/10012033444
presents some evidence on spatial mobility patterns in Spain and other countries conditional on some personal, department, and … have spent some time abroad (brain circulation). Our main result is that Spain has more brain gain, more brain circulation …
Persistent link: https://www.econbiz.de/10012033471
This paper analyzes how changes in the firing-costs gap between permanent and temporary workers affect firms’ TFP in a dual labour market. We argue that, under plausible conditions, firms’ temp-to-perm conversion rates go down when this gap increases. Temporary workers respond to lower...
Persistent link: https://www.econbiz.de/10011657536
Spain but that could have a significant impact if it were fully implemented. This reform, called ‘silent reform’ because it … consequences of this type of reform in Spain. We have used an accounting model with heterogeneous agents and overlapping …
Persistent link: https://www.econbiz.de/10011657538