This study presents a cluster analysis of all industrial sectors in Peru, which is derived from the information contained in the input-output matrix of the Peruvian economy for the year 1994. The study lists the most important firms in every cluster, it describes the production links among firms...

In this paper we study the operation of the labor market, and a curve of aggregate supply is derived, for the cases of closed and open economy, in the short, medium and long term. In an open economy, an important part of the production costs is derived of the use of imported inputs in the...

In this working paper an examination is made of the logical balance of the deductive argument that commonly appears in various economic texts to justify a system of patents of invention. The examination mentioned should be applied in times of radical technological change in the world to avoid a...

It is common to state that the economic growth registered in the last few years has not been correlated with microeconomic welfare. In relation to that idea latter, it is augmented that the actual growth pattern does not allow the spillover of economic growth’s results to the poorer...

This work presents some evidence to explain the performance of the international liabilities of the commercial banks in Peru during the nineties as responding the behavior of the international interest rates and risk – country perception. In this way, the last episodes of international...

This paper shows a procedure to construct a short run predictor for the GDP. We use the Baxter & King filter to decompose the monthly GDP on its three components: seasonal, business cycle and long-run trend. Furthermore we estimate and forecast the business cycle using a set of leading economic...

This paper provides some empirical findings about competition and pricing in retail gasoline markets in Lima. Through the estimation of reaction curves for a sample of 84 gasoline stations located in 22 districts of the city, the paper shows the influence of supply and demand factors on gasoline...

In this classificatory essay I present five main types of multidimensionality in the recent literature on poverty and human development. The first is intra-economic multidimensionality. Income, aggregate or individual, is accompanied with distribution, assets, employment, or other dimensions. By...

In the Latin American countries, there exists a paradox that is scarcely noticed: in the last decades, the education expansion has been significant, but the degree of inequality has not changed much. Is education a non equalizing system? This paper intends to resolve the paradox. Sigma theory is...

Since the middle of 1997, a health reform in the Peruvian social security system was implemented in order to improve the efficiency in the sector, to raise the quality of its services, and to extend its coverage to uncovered sectors, within a framework solidarity and equality. However, after...