Manuel Fernandez-Grela

• University of Santiago de Compostela

In this paper, we provide evidence supporting the hypothesis that permanent shifts in the consumption-saving pattern will have permanent effects on investment, with subsequent consequences for the unemployment rate, by estimating a structural vector autoregression model for the Spanish economy. Our results suggest a significant impact of consumptio...

Purpose In this paper the aim is to focus on the individual distribution of gender wage discrimination in Spain and Italy, relying upon the development of Jenkins' distributional approach proposed in Del Rio et al. Design/methodology/approach The authors estimate the degree of individual discrimination for each employed woman and, relying on the d...

The aim of this paper is to trace the evolution of the concept of ’’rational consumer’’ in Hicks’s writings. After being one of the pioneers in the introduction of rationality assumptions about consumer behaviour in economic models, Hicks gradually developed a sceptical view about some of the uses to which those assumptions were put into. The focus...

En este trabajo se ofrece una visión comparativa de las economías de Galicia y la región norte de Portugal, a través de las técnicas de análisis input-output. La estructura de producción de ambas economías se describe utilizando varios ratios estructurales ya clásicos, y se identifican las relaciones de interdependencia dentro de cada economía calc...

This paper offers a comparative view of two regional economies: Galicia and Rexión Norte de Portugal, using the techniques of input-output analysis. The production structure of both economies is described by means of "classical" structural ratios, and the interdependency relations present in each economy are identified through the computation of se...