Información del autor
Documentos disponibles escritos por este autor (12)
Añadir el resultado a su cesta Hacer una sugerencia Refinar búsqueda
texto impreso
Álvarez, Francisco ; Marrero, Gustavo A. ; Puch, Luis A. | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2004This paper analyses the role of macroeconomic performance in shaping the evolution of air pollutants in a panel of European countries from 1990 to 2000. The analysis is addressed in connection with EU environmental regulation and taking into acc[...]texto impreso
Licandro, Omar ; Puch, Luis A. ; Ruiz, Jesus | Facultad de CC Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 2018Economists model time as continuous or discrete. For long, either alternative has brought about relevant economic issues, from the implementation of the basic Solow and Ramsey models of growth and the business cycle, towards the issue of equilib[...]texto impreso
Díaz, Antonia ; Puch, Luis A. ; Guilló, María D. | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2001In time series data, energy use does not change much with energy price changes. However, energy use is responsive to international differences in energy prices in cross-section data across countries. In this paper we consider a model of energy u[...]texto impreso
In this paper we analyze the role of changes in the fuel mix on emissions reduction and the diversification of risks associated to rising prices of energy. To this purpose we evaluate the average cost and the cost volatility of alternative fuel [...]texto impreso
Álvarez, Francisco ; Contestabile, M. ; Gómez, C. ; Marrero, Gustavo A. ; Puch, Luis A. | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid | 2004We provide an empirical study of the evolution of emissions of some specific air pollutants on a panel of EU member states from 1990 to 2000, and we relate observed patterns to macroeconomic performance. The ratio pollution emission to GDP, so-c[...]texto impreso
Guinea, Laurentiu ; Puch, Luis A. ; Ruiz, Jesus | Fac. de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 2019In this paper we investigate how the economy responds to anticipated (news) shocks to future investment decisions. Using structural vector autoregressions (SVARs), we show that news about the future relative price of residential investment expla[...]texto impreso
Collard, Fabrice ; Licandro, Omar ; Puch, Luis A. | Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 2003Differential equations with advanced and delayed time arguments may arise in the optimality conditions of simple growth models with delays. Models with investment gestation lags (time-to-build), consumption gestation lags (habit formation) or le[...]texto impreso
Portier, Franck ; Puch, Luis A. | Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 1998In this paper we quantify the welfare cost of fluctuations in a representative agent dynamic equilibrium framework. In doing so, we argue that two key features of Intertemporal Stochastic General Equilibrium Models should not be forgotten: non-l[...]texto impreso
Díaz, Antonia ; Puch, Luis A. | 2013-10In this paper we propose a theory of investment and energy use to study the response of macroeconomic aggregates to energy price shocks. In our theory this response depends on the interaction between the energy efficiency built in capital goods [...]texto impreso
Sáez, Francisco J. ; Puch, Luis A. | Instituto Complutense de Análisis Económico. Universidad Complutense de Madrid. | 2003In this paper we analyze the role of trade shocks in shaping aggregate fluctuations in Venezuela from 1950 to 1995. To this end a stochastic general equilibrium model of a small open economy whose main productive activity rests in the exports of[...]texto impreso
Boucekkine, Raouf ; Licandro, Omar ; Puch, Luis A. ; Rio, Fernando del | Facultad de Ciencias Económicas y Empresariales. Instituto de Análisis Económico (ICAE) | 2000This paper analyzes the equilibrium dynamics of an AK-type endogenous growth model with vintage capital. The inclusion of vintage capital leads to oscillatory dynamics governed by replacement echoes, which additionally influence the intercept of[...]texto impreso
Boucekkine, Raouf ; Licandro, Omar ; Puch, Luis A. ; Rio, Fernando del | Facultad de Ciencias Económicas y Empresariales. Instituto Complutense de Análisis Económico (ICAE) | 2003This paper analyzes the equilibrium dynamics of an AK-type endogenous growth model with vintage capital. The inclusion of vintage capital leads to oscillatory dynamics governed by replacement echoes, which additionally influence the intercept of[...]
