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Spanish Unemployment and Inflation Persistence
Studies the joint behaviour of inflation and unemployment in Spain over the period 1964-1995.
Essays in Honour of Fabio Canova
Both parts of Volume 44 of Advances in Econometrics pay tribute to Fabio Canova for his major contributions to economics over the last four decades.
Co-integration, Error Correction, and the Econometric Analysis of Non-Stationary Data
This book provides a wide-ranging account of the literature on co-integration and the modelling of integrated processes (those which accumulate the effects of past shocks). Data series which display integrated behaviour are common in economics, although techniques appropriate to analysing such data are of recent origin and there are few existing expositions of the literature. This book focuses on the exploration of relationships among integrated data series and the exploitation of these relationships in dynamic econometric modelling. The concepts of co-integration and error-correction models are fundamental components of the modelling strategy. This area of time-series econometrics has grown...
A Cost-benefit Analysis of Going from Low Inflation to Price Stability in Spain
Se propone evidencia empírica sobre la orientación de la política monetaria española de los últimos años para la reducción de la inflación y la estabilidad de los precios.
