We analyzed the impact of currency devaluation on the Bolivian economy, employing a dynamic and extended version of the PEP 1-1 standard model to simulate effects impact on both the main macroeconomic aggregates and the financial stocks and flows of economic agents. We built a new Financial...

We analyze the effect of some circumstances, i.e. exogenously determined individual characteristics, over individual income and likewise over achieved years of education. Gathering information for Bolivia and applying the theoretical scheme of Equality of Opportunity, this paper identifies as...

We analyze the effect of some circumstances, i.e. exogenously determined individual characteristics, over individual income and likewise over achieved years of education. Gathering information for Bolivia and applying the theoretical scheme of Equality of Opportunity, this paper identifies as...

Is the Andean economic rationality different to the rationality of the conventional economic model? This is the question that motivated this research work. To carry out this research we start reviewing the literature on the subject, which gave us certain guidelines that the behavior of the...

The Economics of Happiness is an area of the economy that emerged as an alternative for measuring the quality of life of people from the perspective of subjective well-being. Most of happiness studies study the determinants of happiness and relationships with economic, social and psychological...

The Economics of Happiness is an area of the economy that emerged as an alternative for measuring the quality of life of people from the perspective of subjective well-being. Most of happiness studies study the determinants of happiness and relationships with economic, social and psychological...