Spain: evaluating the effects of macro policy using an econometric model.: An article from: National Institute Economic Review

This digital document is an article from National Institute Economic Review, published by National Institute of Economic and Social Research on November 1, 1993. The length of the article is 6999 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: Spain's membership in the EC has generated rapid real GDP growth of above 4% for 1985-1988. However, structural deficiencies remain in Spain's economy despite the implementation of several economic reforms. Low rate of labor force participation, strict segmentation of the labor market, high wage inflation and high unemployment characterize the Spanish economy. Commitment to the economic monetary union would mean interest rate convergence with other EC countries, hence a necessity for fiscal policy more than monetary policy.

Citation Details
Title: Spain: evaluating the effects of macro policy using an econometric model.
Author: Bob Anderton
Publication:National Institute Economic Review (Refereed)
Date: November 1, 1993
Publisher: National Institute of Economic and Social Research
Issue: n146 Page: p76(14)

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