Los autores de los artículos de este libro de homenaje a Adolfo Figueroa abordan temas de desigualdad, exclusión y políticas para el desarrollo social y de la democracia

This essay is concerned with Peruvian economic growth and its cycles from 1950 to 1995, and the long stagnation that begins in 1975-1978. The corresponding analysis is based on the hypothesis that the Peruvian economic dynamics responds to the unbalanced character of industrialization and to the...

This chapter contains the capital theory controversy that took place among the most important economists from the universities of Cambridge (UK) and Cambridge (Mass.). First, we present the neoclassical propositions which are summarized in the neoclassical parables. The second section contains...

This is an introductory chapter to the theory of economic growth. It starts analyzing the objet of the growth theory and the distinction between long term growth and fluctuations. The chapter includes data about Gross Domestic Product (GDP) and GDP per capita for different countries from a...

This chapter contains the keynesian and neoclassic models by which it was initiated the theory of economic growth. The main concern in these models is the possibility of growth with stability and full employment. First, we present models with an exogenous propensity to save: the Keynesian models...

The third part, which consists of four chapters, presents the Mundell-Fleming model; the model of aggregate supply and demand; expectations and contracts as determinants of aggregate supply; the Phillips curve, and the model incorporating the Monetary Policy Reaction Function. The development of...

The seventh chapter presents the IS-LM model of simultaneous equilibrium in the goods and services market and the money market. IS-LM model determines the Aggregate Demand and, consequently, the level of output and employment, under the assumption of fixed prices or infinitely elastic Aggregate...