{"id":141,"date":"2010-09-08T16:45:06","date_gmt":"2010-09-08T14:45:06","guid":{"rendered":"https:\/\/webs.uab.cat\/content\/publications-international\/"},"modified":"2023-07-26T12:21:47","modified_gmt":"2023-07-26T10:21:47","slug":"publications-international","status":"publish","type":"page","link":"https:\/\/webs.uab.cat\/hsala\/publications-international\/","title":{"rendered":"Publications (International)"},"content":{"rendered":"\n

PUBLICATIONS IN PEER REFEREED JOURNALS<\/strong><\/h2>\n\n\n\n
    \n
  1. Nguyen, T.T.T., Pham, B.T. and H. Sala (2023): “World Uncertainty and National Fiscal Balances”, Journal of Applied Economics<\/strong>. https:\/\/doi.org\/10.1080\/15140326.2023.2242110<\/a>.<\/li>\n\n\n\n
  2. Pham, B.T. and H. Sala (2023): “Fiscal deficits and the socioeconomic consequences of rebalancing: insights from a TVP-VAR with stochastic volatility”, Australian Economic Papers<\/strong>, vol. 62 (2), pp. 214-235. http:\/\/doi.org\/10.1111\/1467-8454.12286<\/a>.<\/li>\n\n\n\n
  3. Nguyen, T.T.T., Pham, B.T. and H. Sala (2022): “Being an emerging economy: To what extent do geopolitical risks hamper technology and FDI inflows?”, Economic Analysis and Policy<\/strong>, vol. 74, pp. 728-746. https:\/\/doi.org\/10.1016\/j.eap.2022.04.005<\/a>.<\/li>\n\n\n\n
  4. Pham, B.T. and H. Sala (2022): “Cross-country connectedness in inflation and unemployment: measurement and macroeconomic consequences”, Empirical Economics<\/strong>, vol. 62 (3), pp. 1123-1146. https:\/\/doi.org\/10.1007\/s00181-021-02052-0<\/a>.<\/li>\n\n\n\n
  5. Pham, B.T. and H. Sala (2022): “The implications of public expenditures on a small economy in transition: a Bayesian DSGE approach”, Economic Change and Restructuring<\/strong>, vol. 55 (1), pp. 401 – 431. https:\/\/link.springer.com\/article\/10.1007\/s10644-021-09319-7<\/a>.<\/li>\n\n\n\n
  6. Sala, H. and P. Triv\u00edn<\/a> (2021): “Reported MPC in the presence of debt”, Economics Letters<\/strong>, vol. 205, 109929. https:\/\/doi.org\/10.1016\/j.econlet.2021.109929<\/a>.<\/li>\n\n\n\n
  7. Pham, B.T. and H. Sala (2020): “The macroeconomic effects of oil price shocks on Vietnam: Evidence from an over-identifying SVAR analysis”, The Journal of International Trade & Economic Development<\/strong>, vol. 29 (8), pp. 907-933 .<\/li>\n\n\n\n
  8. Karanassou, M.<\/a> and H. Sala (2020): “Distributional Consequences of Technology, Trade Globalisation, and Financialisation in the US”, Economic and Social Review<\/strong>, vol. 51 (2), pp. 275-303.<\/li>\n\n\n\n
  9. Pham, B.T., H. Sala, and J.I. Silva<\/a> (2020): “Growth and real business cycles in Vietnam and the ASEAN-5. Does the trend shock matter?”, Economic Systems<\/strong>, vol. 44 (1), March.<\/li>\n\n\n\n
  10. Hatgioannides, J.<\/a>, M. Karanassou<\/a>, and H. Sala (2019): “Should the Rich be Taxed More? The Fiscal Inequality Coefficient”, Journal of Economic Issues<\/strong>, vol. 53 (3), pp. 881-889.<\/li>\n\n\n\n
  11. Sala, H. (2019): “A Fresh Look at Fiscal Redistribution and Inequality in the US across Electoral Cycles”, Journal of Behavioral and Experimental Economics<\/strong>, vol. 81, pp. 195-206.<\/li>\n\n\n\n
  12. Bande, R., M. Karanassou<\/a>, and H. Sala (2019): “Employment in Spanish regions: Cost control or growth-enhancing policies?”, The Annals of Regional Science<\/strong>, vol. 62 (3), pp. 601-635.<\/li>\n\n\n\n
  13. Monfort, M., J. Ord\u00f3\u00f1ez, and H. Sala (2018): \u201cInequality and unemployment patterns in Europe: Does integration lead to (real) convergence?\u201d, Open Economies Review<\/strong>, vol. 24 (4), pp. 703-724.<\/li>\n\n\n\n
  14. Sala, H. and P. Triv\u00edn<\/a> (2018): “The effects of globalization and technology on the elasticity of substitution”, Review of World Economics<\/strong>, vol. 154 (3), pp. 617-647.<\/li>\n\n\n\n
  15. Hatgioannides, J.<\/a>, M. Karanassou<\/a>, H. Sala, M.G. Karanasos, and P. Koutroumpis (2018): “The Legacy of a Fractured Eurozone: The Greek Dra(ch)ma”, Geoforum<\/strong>, vol. 93 (7), pp. 11-21.<\/li>\n\n\n\n
  16. Agudelo, S.A. and H. Sala (2017): “Wage rigidities in Colombia: Measurement, causes and policy implications”, Journal of Policy Modeling<\/strong>, vol. 39 (3), pp. 547-567.<\/li>\n\n\n\n
  17. Ghoshray, A., J. Ord\u00f3\u00f1ez, and H. Sala (2016): \u201cEuro, crisis and unemployment: Youth patterns, youth policies?\u201d, Economic Modelling<\/strong>, 58, pp. 442-453.<\/li>\n\n\n\n
  18. Agudelo, S.A. and H. Sala (2016): “Wage setting in the Colombian manufacturing industry”, Economics of Transition<\/strong>, vol. 24 (1), pp. 99-134.<\/li>\n\n\n\n
  19. Ord\u00f3\u00f1ez, J. H. Sala, and J.I. Silva<\/a> (2015): “Real unit labour costs in Eurozone countries: drivers and clusters”, IZA Journal of European Labor Studies<\/strong>, 4:15, pp. 1-19.<\/li>\n\n\n\n
  20. Judzik, D. and H. Sala (2015): “The determinants of capital intensity in Japan and the U.S.”, Journal of the Japanese and International Economies<\/strong>, vol. 35, pp. 78-98.<\/li>\n\n\n\n
  21. Gonz\u00e1lez, R. and H. Sala (2015): “The Frisch elasticity in the Mercosur countries: A pseudo-panel approach”, Development Policy Review<\/strong>, vol. 33 (1), pp. 107-131.<\/li>\n\n\n\n
  22. Sala, H. and P. Triv\u00edn<\/a> (2014): “Opennesss, investment and growth in Sub Saharan Africa”, Journal of African Economies<\/strong>, vol. 23 (2), pp. 257-289.<\/li>\n\n\n\n
  23. Karanassou, M.<\/a> and H. Sala (2014): “The Role of the Wage-Productivity Gap in Economic Activity”, International Review of Applied Economics<\/strong>, vol. 28 (4), pp. 436-459.<\/li>\n\n\n\n
  24. Sala, H. and P. Triv\u00edn<\/a> (2014): “Labour market dynamics in Spanish regions: evaluating asymmetries in troublesome times”, SERIEs<\/strong>, vol. 5 (2-3), pp. 197-221.<\/li>\n\n\n\n
  25. Sala, H. and P. Triv\u00edn<\/a> (2014): “Does capitalism enhance the labour share? A critique of Young and Lawson (2014)”, Politica Economica<\/strong>, vol. 30 (2-3), pp. 261-298.<\/li>\n\n\n\n
  26. Gonz\u00e1lez, I.<\/a> and H. Sala (2014): “Investment Crowding-Out and Labor Market Effects of Financialization in the US”, Scottish Journal of Political Economy<\/strong>, vol. 61 (5), pp. 589-613.<\/li>\n\n\n\n
  27. Sala, H. and J.I. Silva<\/a> (2013): “Labor Productivity Growth and Vocational Training: Evidence from Europe”, Journal of Productivity Analysis<\/strong>, vol. 40 (1), pp. 31-41.<\/li>\n\n\n\n
  28. Judzik, D. and H. Sala (2013): “Productivity, Deunionization and Trade: Wage Effects and Labour Share Implications”, International Labour Review<\/strong>, vol. 152 (2), pp. 205-236.<\/li>\n\n\n\n
  29. Karanassou, M.<\/a> and H. Sala (2012): \u201cInequality and Employment Sensitivities to the Falling Labour Share\u201d, The Economic and Social Review<\/strong>, vol. 43 (3), pp. 343-376.<\/li>\n\n\n\n
  30. Sala, H., J.I. Silva<\/a>, and M. Toledo<\/a> (2012): \u201cFlexibility at the Margin and Labor Market Volatility in OECD Countries\u201d, The Scandinavian Journal of Economics<\/strong>, vol. 114 (3), pp. 991-1017.<\/li>\n\n\n\n
  31. Karanassou, M.<\/a> and H. Sala (2012): \u201cProductivity Growth and the Phillips Curve: A Reassessment of the US Experience\u201d, Bulletin of Economic Research<\/strong>, vol. 64 (3), pp. 344-366.<\/li>\n\n\n\n
  32. Raurich, X.<\/a>, H. Sala, and V. Sorolla (2012): “Factor shares, the price markup, and the elasticity of substitution between capital and labor”, Journal of Macroeconomics<\/strong>, vol. 34 (1), pp. 181-198.<\/li>\n\n\n\n
  33. Agnese, P.<\/a> and H. Sala (2011): \u201cThe driving forces behind the falling labour share and persistent unemployment in Japan\u201d, Pacific Economic Review<\/strong>, vol. 16 (5), pp. 577-603.<\/li>\n\n\n\n
  34. Ord\u00f3\u00f1ez, J., H. Sala, and J.I. Silva<\/a> (2011): \u201cOil Price Shocks and Labor Market Fluctuations\u201d, The Energy Journal<\/strong>, vol. 32 (3), pp. 89-118.<\/li>\n\n\n\n
  35. Roca-Sagal\u00e9s, O.<\/a> and H. Sala (2011): \u201cGovernment Expenditures and the Growth-Inequality Trade-Off: The Swedish Case\u201d, Journal of Income Distribution<\/strong>, vol. 20 (2), pp. 38-54.<\/li>\n\n\n\n
  36. Gonz\u00e1lez, R. and H. Sala (2011): \u201cDeterminantes de la oferta laboral familiar en los pa\u00edses del Mercosur y simulaci\u00f3n de un programa com\u00fan de bienestar social\u201d, El Trimestre Econ\u00f3mico<\/strong>, vol. LXXVIII (2), pp. 33-70.<\/li>\n\n\n\n
  37. Pehkonen, J., H. Sala, and P.F. Salvador (2011): \u201cThe Nordic Experience Revisited: Labour Market Booms and Slumps since the 1990s in Finland and Sweden\u201d, Journal of Economic Studies<\/strong>, vol. 38 (1), pp. 52-65.<\/li>\n\n\n\n
  38. Karanassou, M.<\/a> and H. Sala (2010): \u201cThe US Inflation-Unemployment Trade-off Revisited: New Evidence for Policy Making\u201d, Journal of Policy Modeling<\/strong>, vol. 32 (6), pp. 758-777.<\/li>\n\n\n\n
  39. Karanassou, M.<\/a> and H. Sala (2010): \u201cLabour Market Dynamics in Australia: What Drives Unemployment?\u201d, The Economic Record<\/strong>, vol. 86 (273), pp. 185-209.<\/li>\n\n\n\n
  40. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2010): \u201cPhillips Curves and Unemployment Dynamics: A Critique and a Holistic Perspective\u201d, Journal of Economic Surveys<\/strong>, vol. 24 (1), pp. 1-51.<\/li>\n\n\n\n
  41. Agnese, P.<\/a> and H. Sala (2009): \u201cThe fading 1990s in Japan: Driving forces behind the unemployment upsurge\u201d, International Review of Economics & Finance<\/strong>, vol. 18 (3), pp. 428-439.<\/li>\n\n\n\n
  42. Sala, H. and J.I. Silva<\/a> (2009): \u201cFlexibility at the margin and labour market volatility: The case of Spain\u201d, Investigaciones Econ\u00f3micas<\/strong>, vol. 33 (2), pp. 145-178.<\/li>\n\n\n\n
  43. Sala, H. (2009): \u201cInstitutions, Capital Stock and Wage Setting in Spain\u201d, Applied Economics<\/strong>, vol. 41 (6), pp. 779-789.<\/li>\n\n\n\n
  44. Raurich, X.<\/a>, H. Sala, and V. Sorolla (2009): \u201cLabour Market Effects of Public Capital Stock: Evidence for the Spanish Private Sector\u201d, International Review of Applied Economics<\/strong>, vol. 23 (1), pp. 1-18.<\/li>\n\n\n\n
  45. Karanassou, M.<\/a>, H. Sala, and P.F. Salvador (2008): \u201cCapital Accumulation and Unemployment: New Insights on the Nordic Experience\u201d, Cambridge Journal of Economics<\/strong>, vol. 32 (6), pp. 977-1001.<\/li>\n\n\n\n
  46. Garc\u00eda, J.R. and H. Sala (2008): \u201cThe Tax System Incidence on Unemployment: A Country Specific Analysis for the OECD Economies\u201d, Economic Modelling<\/strong>, vol. 25 (6), pp. 1232-1245.<\/li>\n\n\n\n
  47. Karanassou, M.<\/a>, H. Sala ,and D.J. Snower<\/a> (2008): \u201cThe Evolution of Inflation and Unemployment: Explaining the Roaring Nineties\u201d, Australian Economic Papers<\/strong>, vol. 47 (4), pp. 334-354.<\/li>\n\n\n\n
  48. Karanassou, M.<\/a>, H. Sala, and P.F. Salvador (2008): \u201cThe (Ir)relevance of the NRU for Policy Making: The Case of Denmark \u201d, Scottish Journal of Political Economy<\/strong>, vol. 55 (3), pp. 369-392.<\/li>\n\n\n\n
  49. Agnese, P.<\/a> and H. Sala (2008): \u201cUnemployment in Japan: A Look at the ‘Lost Decade’\u201d, Asia Pacific Journal of Economics & Business<\/strong>, vol. 12 (1), pp. 16-35.<\/li>\n\n\n\n
  50. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2008): \u201cLong-Run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy\u201d, Journal of Policy Modeling<\/strong>, vol. 30 (2), pp. 279-300.<\/li>\n\n\n\n
  51. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2007): \u201cThe Macroeconomics of the Labor Market: Three Fundamental Views\u201d, Portuguese Economic Journal<\/strong>, vol. 6 (3), pp. 151-180.<\/li>\n\n\n\n
  52. Raurich, X.<\/a>, H. Sala, and V. Sorolla (2006): \u201cUnemployment, Growth and Fiscal Policy: New Insights on the Hysteresis Hypothesis\u201d, Macroeconomic Dynamics<\/strong>, vol. 10 (3), pp. 285-316.<\/li>\n\n\n\n
  53. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2005): \u201cA Reappraisal of the Inflation-Unemployment Trade-off\u201d, European Journal of Political Economy<\/strong>, vol. 21 (1), pp. 1-32.<\/li>\n\n\n\n
  54. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2003): \u201cThe European Phillips Curve: Does the NAIRU Exist?\u201d, Applied Economics Quarterly<\/strong>, vol. 49 (3), pp. 93-121.<\/li>\n\n\n\n
  55. Karanassou, M.<\/a>, H. Sala, and D.J. Snower<\/a> (2003): \u201cUnemployment in the European Union: A Dynamic Reappraisal\u201d, Economic Modelling<\/strong>, vol. 20 (2), pp. 237-273.<\/li>\n<\/ol>\n\n\n\n

    BOOK CHAPTERS<\/strong><\/h2>\n\n\n\n
      \n
    1. Karanasos, M., P.D. Koutroumpis, J. Hatgioannides<\/a>, M. Karanassou<\/a>, and H. Sala (2017): \u201cSeven Years of Austerity and the Greek Dra(ch)ma: Three Economists\u2019 Views and a Comment\u201d in I. Bournakis, C. Soukis, D.K. Christopoulos, and T. Palivos (eds): Political Economy Perspectives on the Greek Crisis<\/strong>, Ch. 6, pp. 117-156, Palgrave-Macmillan. ISBN: 978-3-319-63705-1.<\/li>\n\n\n\n
    2. Roca-Sagal\u00e9s, O.<\/a> and H. Sala (2010): \u201cPublic Capital Effects and Regional Spillover in Spain\u201d in J.R. Cuadrado-Roura (ed.) Regional Policy, Economic Growth and Convergence: Lessons from the Spanish Case<\/strong>, Ch. 9, pp. 187-209, Springer-Verlag Berlin Heidelberg. ISBN: 978-3-642-02177-0.<\/li>\n\n\n\n
    3. Karanassou, M.<\/a> and H. Sala (2009): \u201cThe Rise and Fall of Spanish Unemployment: A Chain Reaction Theory Perspective\u201d, in P. Arestis and M. Sawyer (eds.) International Papers in Political Economy<\/strong>, Ch. 6, pp. 209-254. Palgrave-Macmillan. ISBN: 978-0-230-23600-4.<\/li>\n\n\n\n
    4. Sala, H. (2006): \u201cA Comment on ‘The Labour Supply Effects of Old Age Pension Systems and Other Social Transfer Programmes in OECD Countries’ \u201d, in J. Messina, C. Michelacci, J. Turunen and G. Zoega (eds), Labour Market Adjustments in Europe<\/strong>, pp. 103-106, Edward Elgar Publishing. ISBN: 978-1-84542-609-5. <\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

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