Conventional Calibration Versus EDF Calibration [PDF]
In this paper we analyze the impact of using alternative parameter calibration methodologies for general equilibrium models in the context of a particular application.
J. Felipe Córdova
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Macroeconomic and Welfare Effects of Public Infrastructure Investment in Five Latin American Countries [PDF]
It has been widely documented that investment in infrastructure is important for economic growth, but little work has been done in relation to the impact of infrastructure investment on other macroeconomic variables.
Carlos Gustavo Machicado
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La crisis actual y la culpabilidad de la teoría macroeconómica [PDF]
The ideas of modern macroeconomics provided the intellectual justification of the economic policies of the last 10 to 15 years. It is these ideas which the financial crisis falsified.
Paul Ormerod
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Housing wealth and its amplifier effect on consumption fluctuations [PDF]
, 2010 Considering that housing is the main asset for households, it is relevant to study its behavior and the channel through it affects wealth and consumption. This paper analyzes the effects that changes in housing wealth have on aggregate consumption.
Morales-Mosquera, Miguel Ángel
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Asimetrías del empleo y el producto, una aproximación de equilibrio general [PDF]
La evidencia empírica para Colombia muestra relaciones tanto positivas como negativas entre el crecimiento del producto y empleo, a diferencia de lo encontrado en economías desarrolladas como la de los Estados Unidos.
Andrés González +3 more
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Modelo de equilibrio parcial del sector minero para una economía pequeña y abierta como la peruana [PDF]
, 2016 La minería juega un papel importante en la economía y hasta el momento no se ha desarrollado un modelo que busque identificar cómo los shocks que la afectan impactan en toda la economía.
Casas, Carlos +1 more
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Desempleo y salarios rígidos : un modelo DSGE para el caso colombiano
, 2019 Economista
Bernal Gaviria, María José +1 more
openaire +1 more source
Análise das flutuações econômicas no Brasil, de 1991 a 2008, a partir dos modelos RBC [PDF]
Fluctuation Economic research grow up from 80’s with the Dynamic Stochastic General Equilibrium Models (DSGE), where the agent are search for the optimum point at the intertemporal decisions, that is decision over time of how consumers make choice ...
Duda, Fabricio, Sampaio, Armando Vaz
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Fiscal multipliers : a review of the empirical literature [PDF]
, 2012 Este trabajo efectúa un recorrido por las recientes investigaciones que han medido el impacto económico de las intervenciones fiscales de tipo discrecional, lo que académicamente es conocido como los multiplicadores.
Cerón, Juan A.
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The Consumption-Real Exchange Rate Anomaly: Non-Traded Goods, Incomplete Markets and Distribution Services [PDF]
The real exchange rate is volatile and tends to move in opposite direction with respect to relative consumption across countries. Chari, Kehoe and McGrattan (CKM, 2002) refer to the inability of models to replicate the last stylized fact as the ...
Jorge Selaive, Vicente Tuesta
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