Publicada el viernes, 15 de septiembre de 2017 | Actualizada el viernes, 15 de septiembre de 2017
Business cycle phases in Spain
Resumen
We characterize regional business cycles for Spain using monthly Social Security affiliations. Based on a set of Markov-switching models, we find substantial synchronization of regional business cycles, which has increased since the Great Recession. We do however evidence a regional leading and lagging performance that repeats itself across the different recessions.
Geografías
- Etiquetas de Geografía
- España
Temáticas
- Etiquetas de Temática
- Análisis Macroeconómico
Etiquetas
Documentos y archivos
Autores
MC
Máximo Camacho
Universidad de Murcia - Colaborador externo
MP
Matías Pacce
CU
Camilo Ulloa
BBVA Research - Economista Principal