Examinando por Autor "Posada Posada, Carlos Esteban"
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Publicación Caída y convergencia mundial de las tasas de inflación(Universidad EAFIT, 2021-03-19) Posada Posada, Carlos Esteban; Gómez, Wilman; Rhenals, Remberto; Universidad EAFIT; Universidad de Antioquia; Universidad de AntioquiaThe trend observed since 1998 towards global disinflation and for national inflation rates to stabilize at low levels is due to the behavior of inflation in the United States according to the econometric exercises reported in this paper with a quarterly frequency data from the United States and 30 other countries. Additionally, the empirical evidence indicates that, in general, national monetary policies have been lax, in the following sense: monetary policy makers have taken advantage of disinflationary (or deflationary) forces coming from the United States to execute lax policies anticipating some benefits from those without fearing that its cost in terms of higher inflation will become evident.Publicación Cambio técnico y política económica: la teoría y el caso colombiano (1950 - 2019)(Universidad EAFIT, 2020-11-12) Posada Posada, Carlos Esteban; Universidad EAFITThe right policy to economic growth is based on the theory of a decentralized (market) society whose productive activity expands in the long term amid ups and downs thanks to technical change and the emergence, time and again, of various obstacles to economic growth. In the Colombian case of the last 70 years, the rates of economic growth and technical change have been associated with the inter-sectoral mobilization of productive resources, that is, to what is called “structural change”, and this, in turn, to economic policies (sometimes no so right)Publicación Could the Colombian economy grow faster? How it would be possible?(Universidad EAFIT, 2021-10-17) Posada Posada, Carlos Esteban; Universidad EAFITThis paper presents an economic growth model based on the positive externalities generated by the accumulations of physical and human capital. Such externalities imply, at the macroeconomic level, increasing returns to scale. The model helps to better understand the Colombian economic growth process from 2005-2019, and make conditional forecasts. One of the big obstacles in Colombia to have higher growth rates of the per capita product in the long term is everything that is slowing down a higher human capital growth rate and a greater creation of externalities derived from human capital, that is, everything that is hindering improvements in coverage and quality of the educational process.