Research line 3: Macroeconomic unbalances and governance in economically integrated areas

  1. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2004): ''Searching for threshold effects in the evolution of budget deficits: An application to the Spanish case, Economics Letters 82, pp. 239-243.
  2. Camarero, M. y Tamarit, C. (2004): Hysteresis vs. natural rate of unemployment: new evidence for OECD countries, Economics Letters 84, pp. 413-417.
  3. Esteve, V. (2004): ''Política fiscal y productividad del trabajo en la economía española: un análisis de series temporales'', Revista de Análisis Económico 19(1), pp. 3-29.
  4. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2005): ''Is the Fisher effect nonlinear? Some evidence for Spain, 1963-2002'', Applied Financial Economics 15, pp. 849-854.
  5. Camarero, M., Carrión-i-Silvestre, J.Ll. y Tamarit, C. (2005): Unemployment dynamics and NAIRU estimates for Accession countries: A univariate approach, Journal of Comparative Economics 33, 584-603.
  6. Camarero, M., Cuestas, J.C. y Ordóñez, J. (2005): Purchasing power parity versus the EU in the Mediterranean Countries, Applied Financial Economics 16, pp.157-167.
  7. Esteve, V. y Sanchis-Llopis, J. (2005): ''Estimating the elasticities of substitution between private and public consumption: the case of Spain, 1960-2003'', Applied Economics 37, pp. 2327-2334.
  8. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2006): ''Is the budget deficit sustainable when fiscal policy is nonlinear? The case of Spain'', Journal of Macroeconomics 28, pp. 596-608.
  9. Camarero, M., Carrión-i-Silvestre, J.Ll. y Tamarit, C. (2006): Testing for hysteresis in unemployment in OECD countries. New evidence using stationarity panel tests with breaks, Oxford Bulletin of Economics and Statistics 68(2), pp. 167-182.
  10. Camarero, M., Carrión-i-Silvestre, J.Ll. y Tamarit, C. (2006): Short-term modified Phillips curves for the Accession countries, Applied Economics Letters 13, pp. 159-162.
  11. Camarero, M., Fies, R. y Tamarit, C. (2006): Monetary Unions and productivity differences in Mercosur countries, Journal of Policy Modelling 28, pp. 53-66.
  12. Camarero, M., y Ordóñez, J. (2006): Is there a nonlinear co-movement in the EU countries unemployment?, Economics Letters 93, pp. 157-162.
  13. Esteve, V. (2006): ''A note on nonlinear dynamics in the Spanish term structure of interest rates'', International Review of Economics and Finance 15, pp. 316-323.
  14. Esteve, V. y Requena, F. (2006): ''A cointegration analysis of car advertising and sales data in the presence of structural change'', International Journal of the Economics of Business 13(1), pp. 111-128.
  15. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2007): ''Change of regime and Phillips curve stability: The case of Spain, 1964-2002'', Journal of Policy Modelling 29, pp. 453-462.
  16. Esteve, V. y Martínez-Zahonero, J.L. (2007): Testing the long-run relationship between health expenditures and GDP in the presence of structural change: the case of Spain, Applied Economics Letters 14, pp. 271-276.
  17. Pérez, P. y Esteve, V. (2007): ''Trend breaks in the research and development process'', Applied Economics 39, pp. 663-674.
  18. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2008): '' US deficit sustainability revisited: A multiple structural change approach'', Applied Economics 40, pp. 1609-1613.
  19. Camarero, M., Carrion-i-Silvestre, J.Ll. y Tamarit, C. (2008): Unemployment hysteresis in transition countries: Evidence using stationarity panel tests with breaks, Review of Development Economics 12(3), pp. 620-635.
  20. Camarero, M., Cuestas, J.C. y Ordóñez, J. (2008): The role of commodity terms of trade in the determination of the real exchange rates of Mediterranean countries, The Developing Economics 46, pp. 188-205.
  21. Camarero, M., Cuestas, J.C. y Ordóñez, J. (2008): Nonlinear trend stationarity of real exchange rates: The case of the Mediterranean countries, International Journal of Banking, Accounting and Finance, 1(1), pp. 30-46.
  22. Camarero, M., Flôres, R. y Tamarit, C. (2008): A SURE approach to testing for convergence in regional integrated areas. An application to output convergence in Mercosur, Journal of Economic Integration 23(1), pp. 1-23.
  23. Camarero, M., Ordóñez, J. y Tamarit, C. (2008): The expectations hypothesis of the term structure in the Euro area, Economics Bulletin 3(3), pp. 1-15.
  24. Esteve, V. y Prats, M. (2008): ''Are there threshold effects in the stock price-dividend relation? The case of the US stock market, 1871-2004'', Applied Financial Economics 18, pp. 1533-1537.
  25. Franchi, M., y Ordóñez, J. (2008): Common smooth transition trend-stationarity in European unemployment, Economics Letters 101, pp. 106-109.
  26. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2009): ''Deficit sustainability and inflation in EU countries: Analysis from the fiscal theory of the price level'', European Journal of Political Economy, 25, pp. 525-539.
  27. Camarero, M., Carrion-i-Silvestre, J.L. y Tamarit, C. (2009): "Testing for real interest rate parity using panel stationarity tests with dependence: a note", The Manchester School, 77(1), pp. 112-126.
  28. Camarero, M., Ordóñez, J. y Tamarit, C. (2009): "External macroeconomic factors and the link between short and long-run European interest rates: a note", Southern Economic Journal, 75(4), 1212-1219.
  29. Juselius, K. y Ordóñez, J. (2009): Balassa-Samuelson and wage, price and unemployment dynamics in the Spanish transition to EMU membership, Economics-Ejournal, 3, pp. 1-30.
  30. Lafuente, J.A. y Ordóñez, J. (2009): The effect of the EMU on short and long-run stock market dynamics: new evidence on financial integration, International Journal of Financial Markets and Derivatives, 1(1), pp. 75-95.
  31. Ordóñez, J. y Cuestas, J.C. (2009): Nonlinearities in price convergence among Mercosur countries, Economics Bulletin, 29(1), pp. 150-161.
  32. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2010): On the sustainability of government deficits: some long-term evidence for Spain, 1850-2000, Journal of Applied Economics, XIII(2), pp. 263-281.
  33. Bajo-Rubio, O., Díaz-Roldán, C. y Esteve, V. (2010): Testing the Fisher effect in the presence of structural change: A case study of the UK, 1966-2007, Economic Issues, 15(part 2), pp. 1-16.
  34. Camarero, M., Carrion-i-Silvestre, J.L. y Tamarit, C. (2010): Does real interest rate parity hold for OECD countries? New evidence using panel stationarity tests with cross-section dependence and structural breaks, Scottish Journal of Political Economy, 57(5), pp. 568-590.
  35. Esteve, V. y Prats, M. (2010): Threshold cointegration and nonlinear adjustment between stock prices and dividends, Applied Economics Letters, 17(4), pp. 405-410.
  36. Cuestas, J.C. y Ordóñez, J. (2011): Unemployment and common smooth transition trends in Central and Eastern European Countries, Economic Issues, 16, pp. 39-52.
  37. Esteve, V. y Prats, M. (2011): La utilización de medidas de política monetaria no convencional frente a la crisis financiera internacional, Principios: Estudios de Economía Política, 19, pp. 5-34.
  38. Franchi, M. y Ordóñez, J. (2011): Multiple equilibria in Spanish unemployment, Structural Change and Economics Dynamics, 22(1), pp. 71-80.
  39. Ordóñez, J., Sala, H. y Silva, J.L. (2011): Oil price shocks and labor market fluctuations, The Energy Journal, 32 (3), pp. 89-118.
  40. Camarero, M. y Ordóñez, J. (2012): Nonlinear adjustment in the real dollar-euro exchange rate: The role of productivity as a fundamental, Economic Modeling, Vol. 29(2), 444-449.
  41. Esteve, V. y Tamarit, C. (2012): Is there an environmental Kuznets curve for Spain? Fresh evidence from old data, Economic Modelling, 29, 2696-2703.
  42. Esteve, V., Navarro-Ibáñez, M. y Prats, M. (2013): The Spanish term structure of interest rates revisited: cointegration with multiple structural breaks, 1974-2010, International Review of Economics and Finance, en prensa.
  43. Herrerias, M.J. y Ordonez, J. (2013): Forthcoming. New evidence on the role of regional clusters and convergence in China (1952-2008), China Economic Review, en prensa.
  44. Herrerias, M.J. y Ordonez, J. (2013): Nonlinear adjustment in the real dollar-euro exchange rate: the role of the productivity differential as a fundamental, Economic Modelling, en prensa.