Labour productivity in the U.S. non-farm business sector grew two and a half per cent per year during the 1995-2005 period, nearly double its growth rate over the previous two decades. Services sector labour productivity (LP) and multifactor productivity (MFP) grew more rapidly and substantially...

En este documento se presenta un análisis del comportamiento del ahorro de los hogares y sus determinantes, considerando una perspectiva de largo plazo para el periodo 1950-2004 y una de corto plazo a nivel microeconómico, utilizando la información de las encuestas de calidad de vida de 1997...

En el presente artículo se realiza una aproximación del pass-through de largo plazo de la tasa de cambio nominal al índice de precios al consumidor (IPC) para Colombia durante el período 1994 - 2005 siguiendo de cerca la propuesta de Campa y Goldberg (2006). En ella se tienen en cuenta...

Lawrence R. Klein pioneered the work on aggregation, in particular in production functions, in the 1940s. He paved the way for researchers to establish the conditions under which a series of micro production functions can be aggregated so as to yield an aggregate production function. This work...

The present work is intended to valuate the influence of the Canary immigration from the economic and socio-cultural points of view in Cuba, taking as reference its presence in the central zone of the island. A second objective is to determine subjects for new works and to stimulate the studies...

Economic effects of international labour migration occurs both in departure and arrival countries. These effects are quite different for each, but in both cases, use to be favourable for the economies. For this analysis, it is necessary to distinguish labour immigration from tourism. On the...

The migratory phenomenon, commonly seen from the point of view of the social thing, must on the other hand be seen like effect of an economic problem of Mexico. The excessive external indebtedness of the nation and the low level of entrance are combined to create of consistent way, for decades...

This paper describes the structure and construction of a social accounting matrix (SAM) for Pakistan for 2001-02. A SAM is an internally consistent extended set of national accounts that disaggregates value-added in each production activity into payments to various factors (e.g., land, labour,...

W. A. Barnett originated the Divisia monetary aggregates, using Diewert's results on superlative index numbers and Barnett's derivation of the user cost of monetary asset services. The resulting Divisia index can be interpreted as a first moment aggregating over growth rates with expenditure...

This paper discusses the estimation of a social accounting matrix that distinguishes between formal and informal activities for China and India for 2000 and 1998-99 respectively. Wage shares for the formal/informal employment for China and net domestic product shares for the formal/informal...