The aim of this paper is to analyze the shadow economy in the Spanish Autonomous Communities. In so doing, we employ the Currency Demand Approach to analyze the 1987-2010 period. The results show that the size of the shadow economy ranges from 18% to 30% of regional GDP and an approximate mean...

The aim of this paper is to study the relationship between the shadow economy and corruption as determinants of public debt in the Spanish Autonomous Communities. In addition, we construct a Corruption Perception Index for those regions. Our data constitute panel data for the period 2000–2012....

The objective of this paper is to classify a group of EMU countries according to the main determinants of long-term sovereign bond yields. We apply the Classication and Regression Tree method (CART). According to the findings, countries with lower inflation, a lower debt to GDP ratio, a lower...

The aim of this paper is to analyze the relation between the rise of the squatter movement in Spain and the evolution of firms involved into the security and surveillance business. We hypothesize that the upsurge of this phenomenon might benefit the evolution of these companies. Using Google...

The aim of this paper is to analyze the relation between maturity structure, sovereign bond yields and sovereign risk in the Economic and Monetary Union for the period of 1990–2013. The results confirm the existence of an inverse relationship between sovereign bond yields, sovereign risk and...

The objective of this paper is to classify a group of EMU countries according to the main determinants of long-term sovereign bond yields. We apply the Classification and Regression Tree method (CART). According to the findings, countries with lower inflation, a lower debt to GDP ratio, a lower...