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What is Okun’s law?



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This concept was coined by the American economist Arthur Okun, gaining great relevance among the economic and financial spheres of a country. Okun's law tries to define the empirical relationship between the variables of the unemployment rate and the production of a country (measured in the Start real that this one has). The linear relationship … Read more

What is CIRBE?



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The Risk Information Center of the Bank of Spain, also known as CIRBE, is a public service that manages a database in which most of the credits, guarantees, loans and risks that financial institutions have with their clients. This could be a perfect definition of cirbe, which refers to all the information that banks have … Read more