Carlos Usabiaga's Books

Spanish Regional Unemployment

Disentangling the Sources of Hysteresis

By: Alejandro García-Cintado,Diego Romero-Ávila,Carlos Usabiaga

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Spanish Regional Unemployment

Disentangling the Sources of Hysteresis

By: Alejandro García-Cintado,Diego Romero-Ávila,Carlos Usabiaga

This work investigates the time series properties of the unemployment rate of the Spanish regions over the period 1976-2011. For that purpose, the authors employ the PANIC procedures of Bai and Ng (2004), which allows to decompose the observed unemployment rate series into common factor and idiosyncratic components. This enables the authors to identify the exact source behind the hysteretic behaviour found in Spanish regional unemployment. Overall, the analysis with three different proxies for the excess of labour supply renders strong support for the hysteresis hypothesis, which appears to be caused by a common stochastic trend driving all the regional unemployment series. In the second part of the analysis the authors try to determine the macroeconomic and institutional factors that are able to explain the time series evolution of the common factor, and in turn help us shed light on the ultimate sources of hysteresis. The reader shall see how the variables that the empirical analysis emphasises as relevant closely fit into the main causes of the Spanish unemployment behaviour. Finally, some policy considerations drawn from the results are presented.

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Springer Science & Business Media

Published Date

ISBN 10

3319036866

ISBN 13

9783319036861

300 WEEKS

Mexico's Turbulent Transition to Democracy

By: Carlos Luken

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300 WEEKS

Mexico's Turbulent Transition to Democracy

By: Carlos Luken

Writing about Mexico is seldom easy; the country’s dynamics make it almost impossible to isolate any bit of data without having it grow obsolete in a very short span of time. Sometimes its hard for a Mexican to understand our own cultural idiosyncrasies, it is complex for a person of a different nationality to do so. I began writing my weekly column in a very interesting time for Mexico. The country was passing thru the beginning stages of shedding its inadequate “Third World” status and struggling to evolve and become a modern State. It is very diffi cult for a person unfamiliar with Mexican History or Culture, to judge and at times avoid being prejudicial for the relative slowness of the process toward advance; in an effort to place my readers into a proper frame of mind, I have taken the liberty of borrowing a term not customarily used in political science, I often refer to Mexico’s progression as “Evolution”, this term implies perfectly the three key characteristics of the development process . . . Transformation, Survival and Time. After time some observers have come across another frequent and disconcerting feature . . . . Concurrency; the Mexican theater has many stages and each one has a different drama, author and actors. To make matters more complicated all plays are playing simultaneously in different acts. Explaining the Mexican drama to non-Mexicans is quite a challenge. Trying to translate words from one viewpoint to another only requires language skills (This can be easily accessed with any English-Spanish dictionary); but communicating concepts and ideas if they are to be understood, needs the foundation of what call I “Cultural Interface”. For understanding Mexico, “Cultural Interface” is an essential requirement; Mexican words or expressions although adequately translated seldom mean the same, political terminology never does. Being Mexican and having been raised in the Mexico-U.S. Border I acquired the vantage point of a Bi-cultural perspective. This quality made “Cultural Interface” easy and clear; but understanding is a two way street, it requires knowledge and comprehension by both sides; as a wise old uncle once told me “Manana is never Tomorrow, and next Monday never comes after Sunday” . . . . That’s it in a nutshell!. After years of writings on different topics regarding Mexico, I felt that there was enough material to summarize the political transcripts into an attempt to explain the weekly progressions and retreats that are transforming the Mexican political system into what we hope that in time, will be a modern Democracy. The title (300 WEEKS) does not refer to 300 weekly writings; to be frank I never counted the columns selected for this book. The term loosely refers to a Mexican political benchmark, “The Sexenio” (or “The six years”) which is the duration of a Mexican presidential term (The reader must remember that “No reelection” is one of Mexico’s sacred political commandments). Therefore “300 WEEKS” refers to a particular political era of transformation in which Mexico’s turbulent transition to democracy began and still continues.

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360

Publisher

Xlibris Corporation

Published Date

ISBN 10

1469112558

ISBN 13

9781469112558

Inflation Uncertainty and Relative Price Variability in WAEMU Countries

By: Carlos Fernandez Valdovinos,Mrs.Kerstin Gerling

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Inflation Uncertainty and Relative Price Variability in WAEMU Countries

By: Carlos Fernandez Valdovinos,Mrs.Kerstin Gerling

Using a consistent dataset and methodology for all eight member countries of the West African Economic and Monetary Union (WAEMU) from 1994 to 2009, this paper provides evidence of the two major channels for real effects of inflation: inflation uncertainty and relative price variability. In line with theory and most evidence for advanced and emerging market economies, higher inflation increases inflation uncertainty and relative price variability in all WAEMU countries. However, the pattern, magnitude and timing of these two channels vary considerably by country. The findings raise several policy issues for future research.

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Publisher

International Monetary Fund

Published Date

ISBN 10

1455221031

ISBN 13

9781455221035

Spanish Regional Unemployment

Disentangling the Sources of Hysteresis

By: Alejandro García-Cintado,Diego Romero-Ávila,Carlos Usabiaga

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Spanish Regional Unemployment

Disentangling the Sources of Hysteresis

By: Alejandro García-Cintado,Diego Romero-Ávila,Carlos Usabiaga

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Springer Science & Business Media

Published Date

ISBN 10

3319036866

ISBN 13

9783319036861

The Current State of Macroeconomics

Leading Thinkers in Conversation

By: Carlos Usabiaga Ibáñez

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The Current State of Macroeconomics

Leading Thinkers in Conversation

By: Carlos Usabiaga Ibáñez

This book sets out to show the current state of macroeconomics, from three main perspectives: methodology, theory, and economic policy. It is built on extensive conversations with some of the world's leading macroeconomists. These are based on wide questionnaires, covering jointly almost all the topics of macroeconomic theory, as well as questions of methodology, real economy, academic systems, and future lines of research.

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372

Publisher

Palgrave Macmillan

Published Date

ISBN 10

0312222971

ISBN 13

9780312222970

Truck Of Fools

A Testimonio of Torture and Recovery

By: Carlos Liscano

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Truck Of Fools

A Testimonio of Torture and Recovery

By: Carlos Liscano

A political dissident who was jailed and tortured by Uruguayas military regime, Carlos Liscano movingly recounts those experiences in Truck of Fools. His narrative, a mosaic of brief, powerful vignettes, offers unique insight into the physical and psychological plight of the prisoner, as well as into the mindset of his tormentors. Liscano survived these horrors to become a gifted writer and Uruguayas most well known novelist.

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126

Published Date

ISBN 10

0826514642

ISBN 13

9780826514646

Book's by Carlos Usabiaga

Spanish Regional Unemployment

Spanish Regional Unemployment

300 WEEKS

300 WEEKS

Inflation Uncertainty and Relative Price Variability in WAEMU Countries

Inflation Uncertainty and Relative Price Variability in WAEMU Countries

Spanish Regional Unemployment

Spanish Regional Unemployment

The Current State of Macroeconomics

The Current State of Macroeconomics

Truck Of Fools

Truck Of Fools

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