Este trabajo es una réplica parcial y una adaptación del modelo "P-Estrella" diseñado para explicar y predecir la tasa de inflación desde un punto de vista macroeconómico, Según el modelo, el índice general de precios tiene un nivel de equilibrio determinado por las variables sugeridas...

In this paper, we modelled the Colombian long run per capita economic growth (1925-2005) using a Markov switching regime model with both fixed (FTP) and time-varying transition probabilities (TVTP) to explain regime changes in the economic growth. We found evidence of non-linearity in the per...

This paper contributes to the debate regarding national government debt. It asks if government should excise public debt through inflation or pay it as it was stipulated, and argues that, from an economic and social point of view, what is desirable is the just fulfillment of State obligations....