From a general perspective, one could argue that large State transformations are reflected in income, expenditure and employment. The information that the Dane on income (tax and nontax) is easier and more orderly than spending and employment. This difference is explained, in part because the...

When receiving the Nobel Prize, Hurwicz took up the question "who is watching the guards?" and considered two approaches. One pessimistic, inspired by Juvenal, which leads to an infinite sequence of guards, and one idealistic, derived from the Platonic dialogues. The guard cannot get drunk, and...

The article shows that the disjunctive stated by Hernandez et. al. between pay or excise national public debt is not relevant. Discussion should focus on the current price that is paid for national public debt. Treasury is offering TES on the market at an interest rate much greater than DTF....

This paper parts from the work developed by Sen about metaorders and metapreferences to explain illegality as a rational problem. After showing the scope of this categories, the author exposes some limits of the benefit cost analysis of illegality. He continues suggesting that the concept of...

Professor Gonzalez criticizes the separation of the microeconomic and the macroeconomics, he considers this inadequate not only from the theoretical point of view, but also from a pedagogical perspective. The first part of the article shows how economic theory has been built without...

El propósito del ensayo es analizar los factores que explican la violencia enColombia; para ello, el autor, retoma elementos fundamentalmente en elneoinstitucionalismo, en el narcotráfico y en la desigualdad. González,después de explorara los tres elementos antes enunciados, plantea...

El artículo analiza la situación de la economía colombiana en la segunda mitad delos noventa que generó una crisis económica acompañada de una agudización de lapobreza y una mayor concentración de la riqueza. Argumenta el autor, que en lascondiciones actuales es fundamental que la...

Este artículo explica el significado conceptual, la medición y la importancia que tiene en la actual coyuntura colombiana, la Poverty Equivalent Growth Rate (PEGR) de Kakwani, Khandker y Son (2004). El análisis de los datos de la experiencia reciente muestra que en la mayor parte de los años...

Este artículo analiza la consistencia intertemporal de las preferencias y la homogeneidad de la tasa de preferencia intertemporal en los modelos de ciclo real. El primer supuesto implica que las preferencias no cambian a lo largo del tiempo; el segundo, que las preferencias de las personas son...