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Álvarez, Ignacio ; Uxó, Jorge ; Febrero, Eladio | Instituto Complutense de Estudios Internacionales (ICEI) | 2017The aim of this paper is to use the theoretical distinction between wage-led and profit-led economies to consider the impact of internal devaluation policy on GDP growth for the case of Spain. We assess to what extent wage devaluation in Spain h[...]texto impreso
Villanueva, Paloma ; Cárdenas del Rey, Luis ; Uxó, Jorge ; Álvarez, Ignacio | Instituto Complutense de Estudios Internacionales (ICEI) | 2018The Spanish economy has been one of the EU’s most affected by the Great Recession of 2008, recording a rate of unemployment of 26.2% in 2013. However, since 2014 Spain is growing faster than most Euro Area countries, reaching an annual growth ra[...]
