Borradores de Economia
Number:
96
Published:
Classification JEL:
C22, C29, E31, E32, E60
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
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Catalina Granda-Carvajal, Jesús Enrique Morales-Piñero
Structural time series models, frequency domain analysis, the HP-filter, and the Blanchard-Quah decomposition, are used to observe, some peculiarities of the business cycle. Such properties are those related to the volatility of the temporary component an