TY - RPRT AU - Garcimartín Alférez, Carlos AU - Rivas, Luis AU - García Martínez, Pilar PY - 2010 SN - 978-84-693-1512-5 UR - https://hdl.handle.net/20.500.14352/48918 AB - Broadly speaking, the balance-of-payments constraint hypothesis as developed by Thirlwall has been empirically supported. Yet, it shows some shortcomings highlighted in the literature. In our opinion, two of them must be analysed. First, temporary... AB - Pese al respaldo empírico con el que ha contado la teoría de la restricción externa desarrollada a partir del modelo de Thirlwall, éste muestra algunas deficiencias destacadas en la literatura. En nuestra opinión, dos de ellas merecen ser analizadas.... LA - eng A3 - Instituto Complutense de Estudios Internacionales (ICEI) KW - Growth KW - Balance of payments constraint KW - Exchange rate KW - Crecimiento KW - Restricción externa KW - Tipo de cambio. TI - On the Role of Relative Prices and Capital Flows in Balance-of-Payments Constrained Growth: the Experiences of Portugal and Spain in the Euro Area TY - technical report VL - 2010 ER -