This article presents a unified model of the two main demand-based explanations of economic growth: Thirlwall's law and the two-gaps model. It is shown that, with certain specifications, the external gap is equivalent to Thirlwall's law with capital movements. The unified model is expressed in...

A reformulation of health economics is proposed that explicitly involves institutions. Decisions regarding health are taken under uncertainty, in the face of which institutions work and allow dealing with it. Taking institutions seriously allows moving forward from the economics of medical care...

Spanish Abstract: La obra académica de Homero Cuevas cubrió una gran variedad de temas, tanto teóricos como aplicados. La mayor parte de estos trabajos se publicó en diversas fuentes antes de la era de internet y pueden ser difíciles de identificar, reunir y localizar hoy en día. Se...

Los años de vida ajustados por calidad – AVAC o QALY (en su sigla en inglés) – son una medida de resultados en salud que permite hacer comparaciones entre tratamientos con el fin de facilitar escogencias. A partir del desarrollo histórico de esta noción, se presenta su fundamento en las...

Cost-effectiveness of plasmapheresis prior to open thymectomy vs. open thymectomy alone is assessed by means of a Markov model. The perspective is that of the payer, including all direct costs. Data on effectiveness and complication risks were obtained from the literature. Deterministic and...

Objective: To estimate the cost-effectiveness of the supply of calcium of 1200mg per day from the week 14 of pregnancy to all pregnant women compared to not supplying it to reduce the incidence of preeclampsia. Methods: A decision tree was built in TreeAge® with outcome measured in life years...

A framework is proposed for analyzing the structure of a diversified business group, according to the function of firms in the group. The areas are: cash sources, financial firms (that facilitate cash flows among firms), firms allowing to keep property and control of the group, high expected...

Spanish Abstract: El caso de las reacciones de las niñas vacunadas contra el VPH en Colombia hace evidente que varios aspectos relativos a la diferencia entre riesgo e incertidumbre resultan útiles a la hora de diseñar políticas de vacunación

Spanish Abstract: Un método usual para valorar estados de salud es el Time-Trade-Off (TTO). Se ha encontrado que en encuestas en internet el TTO presenta sesgo de anclaje, ya que el punto de partida en el procedimiento afecta los resultados, con lo cual se viola la invariancia al procedimiento....

The efficacy of tax reforms is estimated for the period 1973-2000 using three ARIMAX models for the real revenue and the revenue/GDP ratio. The analysis, including only those reforms changing tax bases and/or tariffs, or that aim to increase revenue or reduce evasion, shows that only two out of...