Potential GDP and the NAIRU of Mexico are estimated using a Cobb-Douglas production function combined with a Kalman filter, under the assumption of three different behaviors of total factor productivity. A growth accounting exercise is carried out to identify the factor contribution of labor and...

This paper proposes a method for estimating the factor shares of labor and capital using cross sectional household survey data containing detailed information on household income by source. It then applies the method to the case of Mexico, a country where factor shares are almost the opposite of...

El modelo de crecimiento neoclásico predice convergencia en el sentido de que las regiones pobres crecerán más rápido que las ricas, debido a los rendimientos decrecientes del capital. El presente trabajo analiza esta relación entre los departamentos colombianos, utilizando variables...

English Abstract: Con una muestra de 323 individuos se analiza la relación entre esperanza y los atributos de los colaboradores. Por una parte, la esperanza es un constructo de la psicología positiva, abordado a nivel organizacional a partir de la década de los noventa del siglo pasado. Por...

This document develops an endogenous growth model in which it is possible to obtain a positive long run growth rate by combining investment in human capital and the endogenous advance of technological knowledge. The model shows the complementary characteristics of the two kinds of knowledge and...

The aim of this paper, which is part of a broader research project, is to analyse the fluctuations of output in a framework of imperfect competition based on the stylised facts. We conclude that these movements can be originated by supply or demand shocks, or simply by the adjustment of the...

This article shows that the consensus about the importance of institutions for economic growth is derived from Weber and North, for whom legal institutions make it possible to predict the State’s and economic agent’s actions. For Weber, law based on formal rationality contributed to the...

Spanish Abstract: A pesar del carácter exógeno de la crisis sanitaria debida al COVID-19, su intensidad y persistencia podrían provocar un impacto negativo sobre el crecimiento económico a largo plazo. Este artículo ofrece una discusión exhaustiva sobre los diversos canales a través de...