Muchas economías que tuvieron tasas de inflación altas a principios del decenio de los noventa, entre ellas la colombiana, emprendieron programas de desinflación que incluyeron metas de reducción gradual de la inflación. El presente artículo incorpora el tema de la reducción gradual de la...

Se presenta un modelo teórico convencional de determinación simultánea de la tasa de cambio real (el precio relativo de los bienes internacionalmente transables con respecto al de los no transables), el consumo y la posición financiera neta del país con el exterior. Con base en las...

En este documento se hace énfasis en dos consideraciones que en el medio colombiano usualmente permanecen acultas: a) no todas las instituciones que tienen importancia económica pueden considerarse exógenas con respecto al desenvolvimiento de largo plazo de la sociedad y, por tanto causas...

The industrial development could be an engine of economic growth through several mechanisms. In this essay we analyzed only one of them: the decline of the industrial prices because of the technical change. We designed an equilibrium model of economic growth, and look at the theoretical...

Between 1984 and 2000 important variations were registered in the relationship of the wages between workers of higher and lower education levels that altered the degree of inequality in the distribution of labor income. Between 1992 and 1998 there was an increase in the above mentioned...

This article deals with the study of some hypotheses about the macroeconomic impacts of different events affecting the field of coffee, in the framework of macroeconomic theories, classic and keynesian, pointing out the results of some investigations of the topic. The key issue of this article...

With the purpose of obtaining a better comprehension of the determining of the levels of economic activity, consumption, prices and other macroeconomic variables, the small open or dependent economies have developed adequate models which consider their specific characteristics, not taken into...

This article briefly classifies and evaluates the main models concerning the economic cycle developed after 1930. The leading element when reviewing the models is modern macroeconomics concern referring to the relationship between the general levels of economic activity and prices and the...