Author: Xavier Farré et alt. Read the full article by downloading it below. Abstract This paper investigates the economic potential of Transformative AI, focusing on “temporal coherence”—the ability to maintain goal-directed behavior over time—as a crit- ical, yet underexplored, factor in task automation. We argue that temporal coherence represents a significant bottleneck distinct from computational…
All posts in Macroeconomia
C-ARIMA approach for assessing short run effect of 2018 China-US Trade War
Author: XIAN FORTES ÁLVAREZ You can download the pdf of the article below. ABSTRACT This paper examines the viability of using a forecast-based counterfactual ap- proach to evaluate the short-run economic effects of the 2018 US–China trade war, specifically causal ARIMA (C-ARIMA) modeling. Focusing on key U.S. macroeconomic indicators we construct time series forecasts based…
A MODEST REVIEW OF MALTHUSIANISM
Author: Carles Magrinyà Torrell Read the full article by downloading it below. INTRODUCTION Thomas Robert Malthus (1766-1834) was an Anglican clergyman. Born into a wealthy family, he grew up surrounded by the elites of his time and would go on to become a leading thinker himself. His most famous work “An Essay on the Principle…
AI, Science Automation and Explosive Growth
Author: XAVIER FERRÉS and MILANA LISICHKINA Read the full article by downloading it below. ABSTRACT Advanced artificial intelligence could cause the automation of many areas currently dominated by humans, including science. This paper argues for the view that if AI was capable of automating science, then explosive growth, i.e. at least 30% GWP yearly growth,…
A study on the determinants of growth and political stability in the neoclassical model framework
Author: ROGER CASAS RIU Read the full article by downloading it below. 1. INTRODUCTION 1.1 Theoretical Framework: Convergence in Neoclassical Growth Models In alignment with contributions like Robert J. Barro’s Economic Growth in a cross section of countries (Barro, 1991) the main scope of this project is to study whether or not convergence, as predicted…
Does it make sense to dollarize Argentina?
Author: MANUEL BERMEJO FONTANET Dollarization of Argentina from an economic perspective Download the full article below: Abstract After fifty years of five currency changes, an accumulated devaluation of thirteen zeros, three defaults, and a hyperinflationary period, the ultraliberal economist and presidential candidate Javier Milei has focused his attention on dollarization as a central piece of…
Exploring the underground economy
An analysis of cash withdrawal policy Authors: LUCÍA MONTEJANO and XÈNIA ALEMANY Download the full article below: ABSTRACT In recent years, the debate on the limitation and abolition of cash has ained considerable attention and has become increasingly urgent in light of the growing prevalence of electronic payments. This article seeks to explore the potential…
UK’s economic policies in 2022
Authors: SOFÍA GROIZARD, MARIAN OLIVERAS and JOSEP SABATÉ Download the full article below: ABSTRACT This article examines how the UK, a prosperous country, became involved in an unstable economic and financial situation, and explores the causes of the fall in the exchange rate and the rise in interest rates and their effect on the yield…
Understanding inflation and how consumers think about it
A guide to a basic knowledge of one of today’s most pressing issues Author: CARLES MAGRINYÀ TORRELL Download the full article below: ABSTRACT After several years of low inflation, prices have been rising rapidly for several months and despite the central banks’ efforts to slow down the increase in prices, they have kept rising. This…
The Great Resignation
Why is it a trend? Authors: MERITXELL CORCOY and ALBA FUSTEGUERES Download the full article below: INTRODUCTION Millions of employees throughout the world have left their jobs or chosen not to return to positions that had been placed on furlough in order to find better employment or change their career paths. Anthony Klotz coined the…