Listar UJI: Investigación por autoría "67c7eb21-72ac-4099-84fd-67bbd9d56a20"
Mostrando ítems 21-40 de 44
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Oil prices, unemployment and the financial crisis in oil-importing countries: The case of Spain
Ordóñez, Javier; Monfort Bellido, Mercedes; Cuestas, Juan Carlos (2019-08-15)The aim of this paper is to analyse the effect of oil price shocks on unemployment in an oil-importing country such as Spain to determine whether they affect unemployment differently in times of financial distress. In order ... -
On the dynamics of sovereign debt in China: Sustainability and structural change
Cuestas, Juan Carlos; Regis, Paulo José Elsevier (2018-01)The dynamics of public debt are an important determinant of the macroeconomic environment of an economy and of the investment climate in the private sector. There have been concerns recently about the sustainability of ... -
On the evolution of competitiveness in Central and Eastern Europe: Is it broken?
Coleman, Simeon; Cuestas, Juan Carlos Wiley (2023)In this article, we analyse the evolution of the real effective exchange rate (REER) as a measure of competitiveness for a group of Central and Eastern European countries. To do this, we employ unit-root tests with breaks ... -
Panel cointegration, quantile regressions, asymmetric adjustments and crises: The case of EU current accounts
COLEMAN, SIMEON; Cuestas, Juan Carlos Elsevier (2021-10-07)This paper investigates the relationships between the current account and several fundamentals, including the real exchange rate, government consumption, investment, openness, terms of trade and real income in the EU28 ... -
Public finances in Europe: Are they sustainable?
Cuestas, Juan Carlos; Gil-Alana, Luis; Sauci, Laura Springer (2018-07-17)In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the order ... -
Public finances in the EU-27: Are they sustainable?
Cuestas, Juan Carlos; Gil-Alana, Luis; Sauci, Laura Springer (2020)In this paper we aim to analyse the degree of mean reversion of public expenditure, revenue and the difference between them, over GDP for 27 European Union (EU) countries. To gain flexibility in the analysis of the order ... -
Real convergence in Europe: A cluster analysis
Monfort Bellido, Mercedes; Cuestas, Juan Carlos; Ordóñez, Javier Elsevier (2013)In this paper we analyse real convergence in GDP per worker in the EU member states. The aim is to test whether there is evidence of club convergence in the EU, i.e. divergence in GDP per worker. Evidence in favour of ... -
Real exchange rate misalignments in CEECs: Have they hindered growth?
Cuestas, Juan Carlos; Mourelle, Estefanía; Regis, Paulo José Springer (2019-07-16)We study the impact of exchange rate misalignment on economic activity in nine Central and Eastern European economies. Exchange rate misalignments are computed from country-specific long-run exchange rate relationships ... -
Self-employment by gender in the EU: convergence and clusters
FARIA, JOAO RICARDO; Cuestas, Juan Carlos; Gil-Alana, Luis; Mourelle, Estefanía Springer (2020-11-05)This paper studies the convergence of self-employment by gender in the European Union, through tests for the order of integration and cluster analysis, in order to investigate the occurrence of two types of convergence: ... -
Self-employment convergence in Europe: The role of migration
Cuadros, Ana; Cuestas, Juan Carlos; Martín-Montaner, Joan PLOS (2021-04-22)This paper attempts to identify patterns of convergence in the rates of self-employment (SE) for both foreign-born and natives in a sample of 17 European countries during the period 1999–2018. A distinction is made between ... -
Smooth transitions, asymmetric adjustment and unit roots
Cuestas, Juan Carlos; Ordóñez, Javier Taylor & Francis (2014)The aim of this article is to develop a unit root test that takes into account two sources of nonlinearites in data, i.e. asymmetric speed of mean reversion and structural changes. The asymmetric speed of mean reversion ... -
Stochastic convergence in real personal disposable income in the EU: A note
Cuestas, Juan Carlos; Monfort Bellido, Mercedes; Ordóñez, Javier John Wiley and Sons (2020-08-10)Economic convergence has long been a declared objective of the EU and has been considered the fundamental mechanism for achieving socioeconomic cohesion. Even so, the empirical literature finds a lack of real convergence ... -
The Current Account Sustainability of European Transition Economies
Cuestas, Juan Carlos Wiley (2013-02-07)This article presents an analysis of the sustainability of the current accounts of a group of central and eastern European countries. Given the link between national savings (public and private) and investment, the current ... -
The education pillar of the Europe 2020 strategy: a convergence analysis
Cuestas, Juan Carlos; Monfort Bellido, Mercedes; Ordóñez, Javier Springer (2021-03-26)In March 2010, the European Commission launched the Europe 2020 strategy ‘for smart, sustainable and inclusive growth’ in the EU. Education is a major pillar of the Europe 2020 strategy due to its long-run impact on economic ... -
The Euribor rate: a forecasting exercise based on fractional integration
Cuestas, Juan Carlos; Gil-Alana, Luis Taylor and Francis Group (2023)In this paper we analyse the evolution of the 12-month EURIBOR, with the aim of forecasting its trend in the forthcoming years. Using fractional integration, we find that the Euribor will return to a downward trend towards ... -
The evolution and heterogeneity of credit procyclicality in Central and Eastern Europe
Cuestas, Juan Carlos; Lucotte, Yannick; Reigl, Nicolas John Wiley and Sons (2020-09-06)This article presents empirical estimates of bank credit procyclicality for a sample of 11 Central and Eastern European countries (CEECs) for the period 2000Q1–2016Q4. In the first step, we estimate a traditional‐type panel ... -
The interaction between housing prices and housing credit: evidence from a country with rapid credit accumulation
Cuestas, Juan Carlos; Kukk, Merike Emerald (2020-05-15)Purpose – This paper aims to investigate the mutual dependence between housing prices and housing credit inEstonia,acountrythatexperiencedrapiddebtaccumulationduringthe2000sandbigswingsinhouseprices during that period. ... -
The role of commodity terms of trade in the determination of the real exchange rates of the Mediterranean countries
Camarero, Mariam; Cuestas, Juan Carlos; Ordóñez, Javier Wiley-Blackwell (2008)The aim of this paper is to investigate whether there exists a long run relationship between the real exchange rate and the commodity terms of trade in the so-called “Mediterranean” or MENA countries. These economies ... -
The Spanish housing market: is it fundamentally broken?
Cuestas, Juan Carlos; Kukk, Merike Taylor & Francis (2019)This paper aims to investigate the relationship between housing prices and their main fundamental determinants using the example of Spain and considering the possibility of structural breaks in the relationship. We find ... -
Towards Adopting Inflation Targeting: The Credibility and Limitations of Monetary Policy Under The Fixed Exchange System: The Case of Jordan
Abu Asab, Nora; Cuestas, Juan Carlos Wiley (2020-05-01)In this paper the interest rate pass through is examined within its intermediate lag of action to shed light on the credibility of monetary policy in Jordan, where the reputation of low inflation is imported through a ...