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This paper uses an applied general equilibrium model to assess the effects on the viability of the Spanish social security system of changes in demographics, focusing on the balanced growth path. First we suppose that the population growth rate is zero, then we simulate the effects of several...
Persistent link: https://www.econbiz.de/10009366004
The decline in birth rate and increasing life expectancy are the key factors that explain the demographic process in Galicia and its most immediate consequence is the aging of its population. The low birthrate limits the size of new cohorts and also affects the size of the total population. This...
Persistent link: https://www.econbiz.de/10010592059
This paper describes the Wind Power Business Plans ("Plans Eólicos Empresariais"), the main instrument of the regulatory framework for the Galician wind power industry and analyzes its influence on the development of that industry. In particular, it studies several legal objectives such as...
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In the decade of the 1930s the Spanish economy reported a slowdown of 20%, less severe than the one in the US, France and Germany, but very similar to those experienced by Italy and the UK.
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In the decade of the 1930s the Spanish economy reported an slowdown of 20%, less severe than what occurred in the US, France and Germany, but very similar to the Italian and British experiences. In this paper we study two issues concerning this period of the Spanish economy: Did the World...
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