Las reformas adoptadas durante la primera mitad de los noventa buscaron mejorar el bienestar de los colombianos, en especial de los más pobres, elevando la tasa de crecimiento de largo plazo y mejorando la distribución del ingreso, mediante iniciativas de gasto en servicios públicos básicos...

This paper analyzes the determinants of savings in Colombia using the framework of an intertemporal model. National saving partially responds to temporary changes in output, according to the permanent income hypothesis. Higher government expenditures (in relation to their permanent level) are...

Poor people derive most of their income from work; however, there is insufficient understanding of the role of labor markets, employment, and earnings as a linkage between growth and poverty reduction, especially in low income countries. To provide inputs into the policy discussion on how to...

This paper is focused on approximate ( $$\varepsilon$$ -efficient) solutions of multiobjective mathematical programs. We introduce a new $$\varepsilon$$ -efficiency concept which extends and unifies different notions of approximate solution defined in the literature. We characterize these...