During the sixties, Colombian population grew faster than ever. Children that were born during that particular period became young adults in the decades of the eighties and nineties, the same years in which homicide rates reached historical maximums. The purpose of this paper is to clarify the...

El presente documento presenta una medición de impacto del programa de capacitación laboral juvenil PROJoven. Se utilizó información socio-laboral de una muestra de beneficiarios y un conjunto de individuos que conformaron el grupo de control. Esta información fue recogida antes de...

This paper estimates the impact of external shocks, business cycle, and a set of six preferential trade arrangements that Peruvian economy has faced during period 1950-2007 upon the agriculture product and its two components, the external and internal product. The results indicate that external...

This essay analyzes the impact of economic fluctuations on migration flows. To do so, the determinants of the inflows and outflows of migrants have been estimated. We find significant evidence on the effect that the macroeconomic fluctuations on the short run has on both flows, although the...

This paper analyses the relative importance of supply and demand shocks in explaining the dynamics of aggregate output and prices in a small dolarized economy: Puerto Rico. Results indicate that supply shocks are important sources of output variability in the medium and long run while demand...

This article discusses the public expenditure management in Uruguay between 1910 and 2000, in relation to the government resources oriented to social protection. It considers the domestic long run income-elasticity of the public expenditure. Then, it studies the cyclical performance of the total...

This paper analyzes the Mexican automobile and truck industries, and estimates the long run functional relationship between these industries and the automobile industry in the USA. The methodology consists of a cointegration analysis of the two series in the long run and the estimation of an...

We estimate the Okun Law for Andalusia and Spain using quarterly data for the period 1984-2000. We take a VAR approach that allows us to unveil the different dynamic behaviour of the relationship between the output gap and the unemployment gap in the two regions, as well as the asymmetric nature...