Output gap estimates are subject to a wide range of uncertainty owing to data revisions and the difficulty in distinguishing between cycle and trend in real time. This is important given the central role in monetary policy of assessments of economic activity relative to capacity. We show that...

Basado en una investigación realizada entre 2000 y 2001 en varios países latinoamericanos, describe la metodología utilizada para analizar los costos laborales asociados a la contratación, y en especial los referidos a la protección de la maternidad y el cuidado infantil.

The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...