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Now showing items 11-20 of 29

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Output dynamics in an endogenous growth model 

Barañano Mentxaka, Ilaski; Moral Zuazo, María Paz (2003-07)
The aim of this paper is to analyze whether endogenous growth RBC models are consistent with two stylized facts about U.S. output dynamics. First, GNP growth is positively correlated in the short run and it has a weak ...
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The Ohlin-Keynes Debate on the German Interwar Reparations Revisited 

Ormazabal Sánchez, Kepa Mirena (2008)
This paper analyzes the debate between Ohlin and Keynes on the question as to whether Germany was able to make the payments specified in the Dawes Plan. Keynes argued that Germany was able to collect the money but unable ...
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Inequality for Wage Earners and Self-Employed: Evidence from Panel Data 

Albarrán, Pedro; Carrasco, Raquel; Martínez Granado, María Teresa (University of the Basque Country, Department of Foundations of Economic Analysis II, 2007-03)
In this paper we study the evolution of income inequality for employees and self-employed workers. We highlight the importance of separately analyze these different sources of income to gain a broader understanding of ...
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Should Fiscal Policy be different in a Non-Competitive Framework? 

Gorostiaga Alonso, Miren Arantzazu (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
This paper studies if imperfections in the labor market justify a different fiscal policy. We present a dynamic general equilibrium model with a Ramsey planner deciding about public spending, labor taxes and debt. Two ...
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Explosive Hyperinflation, Inflation Tax Laffer Curve and Modelling the use of Money 

Gutiérrez Huerta, María José; Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
This paper analyzes the existence of an inflation tax Laffer curve (ITLC) in the context of two standard optimizing monetary models: a cash-in-advance model and a money in the utility function model. Agents’ preferences ...
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Markov Switching Risk Premium and the term structure of interest rates. Empirical evidence from US post-war interest rates 

Gutiérrez Huerta, María José; Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-04)
This paper considers the basic present value model of interest rates under rational expectations with two additional features. First, following McCallum (1994), the model assumes a policy reaction function where changes ...
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The changing behaviour of the term structure of post-war US 

Gutiérrez Huerta, María José; Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2002-07)
Using U.S. interest rate data covering the period 1950:1-1992:7, this paper tests the rational expectations model of the term structure of interest rates. We show evidence that the rational expectations model of the term ...
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Does the Term Spread play a role in the FED's reaction function? An Empirical Investigation 

Vázquez Pérez, Jesús (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
Using US data for the period 1967:5-2002:4, this paper empirically investigates the performance of a Fed’s reaction function (FRF) that (i) allows for the presence of switching regimes, (ii) considers the long-short term ...
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Optimal Minimum Wage in a Competitive Economy: an Alternative Modelling Approach 

Gorostiaga Alonso, Miren Arantzazu; Rubio-Ramírez, Juan F. (University of the Basque Country, Department of Foundations of Economic Analysis II, 2004)
This paper analyzes whether a minimum wage can be an optimal redistribution policy when distorting taxes and lump-sum transfers are also available in a competitive economy. We build a static general equilibrium model with ...
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Adam Smith on Capital and Income 

Ormazabal Sánchez, Kepa Mirena (2002-02)
In this paper I critically analyze Smith's thesis in book I, chapter 6 of the "Wealth of Nations" that the replacement of the capital goods consumed in production becomes fully income. I argue that Smith’s argument is ...
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AuthorVázquez Pérez, Jesús (13)Ormazabal Sánchez, Kepa Mirena (4)Abadie, Luis María (3)Chamorro Gómez, José Manuel (3)... View MoreDepartamento (cas.)Fundamentos del análisis económico II (20)Fundamentos del análisis económico I (9)Economía aplicada III (Econometría y Estadística) (5)Economía financiera II (3)... View MoreDepartamento (eus.)Ekonomia analisiaren oinarriak II (20)Ekonomia analisiaren oinarriak I (9)Ekonomia aplikatua III (ekonometria eta estatistika) (5)Finantza ekonomia II (3)... View MoreSubject
MACROECONOMICS AND MONETARY ECONOMICS (29)
ECONOMICS, ECONOMETRICS AND FINANCE (20)MATHEMATICAL AND QUANTITATIVE METHODS (14)FINANCIAL ECONOMICS (4)... View MoreDate Issued2009 (1)2008 (4)2007 (3)2006 (2)2005 (3)2004 (3)2003 (2)2002 (11)Language(ISO)
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