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called "The Great Moderation". In Spain, a similar pattern was observed: in fact, potential growth estimates were trending … of macroeconomic imbalances, therefore provided misleading signals to the policymakers. In this paper we apply to Spain a …
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This article offers a narrative of the Spanish crisis building upon previous literature and the papers published in this issue. This narrative focuses on two main topics: (1) the reasons why the Spanish economy embarked in the expansionary/speculative path resulting in an over-accumulation of...
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Dominance under a Common Currency: Irrational Exuberance in Ireland and Fragmentation in Spain -- 7. EMU, the Politics of Wage …
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