July 27, 2015
July 26, 2013
July 25, 2012
June 8, 2012
July 22, 2011
Article IV Staff Reports
Financial Sector Assessment Program
Spain: Financial Position in the Fund
IMF and Euro Area
You may contact us about Spain and the IMF at Contact Us
Free Email Notification
Receive emails when we post new
items of interest to you.
Modify your profile
|Spain and the IMF|
Updated September 15, 2016
|Show all items sorted by date
Show all items sorted by type
|April 15, 2003 -- IMF Staff Papers - Volume 50, Number 1, 2003 - The Plutocratic Gap in the CPI: Evidence from Spain by Mario Izquierdo, Eduardo Ley, and Javier Ruiz-Castillo|
The plutocratic gap is defined as the difference between the inflation measured according to the current official consumer price index (CPI) and a democratic index in which all households receive the same weight. During 1992–97, the plutocratic gap in Spain averaged 0.055 percentage points a year. Since positive and negative gaps cancel out, however, the average absolute gap is significantly larger: 0.090 percentage points a year. For the purposes of accounting for the plutocratic gap, a 53-dimensional commodity space can be conveniently reduced to two dimensions: a luxury index and a necessities index.
|March 01, 1999 -- IMF Staff Papers March 1999 - How Do the Skilled and the Unskilled Respond to Regional Shocks?: The Case of Spain, by Paolo Mauro and Antonio Spilimbergo|
Finds that the highly skilled migrate promptly in response to a decline in regional labor demand, while low-skilled workers drop out of the labor force or stay unemployed.