Now showing items 21-30 of 1417
Una aplicación de un modelo neoclásico DSGE con política fiscal.
We use a Dynamic Stochastic General Equilibrium (DSGE) model to evaluate the effect of supply (productivity) and demand (foreign trade) shocks on the economy. In addition, this paper analyzes the impact of policies, ...
The role of cognitive skills in economic development revisited.
Students’ test scores at ages 9 to 15 are a measure of their skills as workers five to 55 years later. Using historic data on test scores and school attendance, I calculate the share of workers in 2005 that could have ...
Increases in human capital and growth: new data, more conclusive results.
Using a new data set for human capital/adult, I show that changes in human capital cause economic growth in 56 countries over the 1985 to 2005 period. I show that these results are superior to results using average schooling ...
Quantifying slumness with remote sensing data
(Universidad EAFIT, 2013-08-08)
Penn world table 7.0: are the data flawed?
Penn World Table (PWT) 7.0 is the newest PWT data set, based in part on benchmarked prices collected in 2005. In theory the data in PWT 7.0 should be more accurate than the data in PWT 6.3 since 1996 and similar in earlier ...
Consequences of omitting relevant inputs on the quality of the data envelopment analysis under different input correlation structures
This paper establishes the consequences of a wrong specification on the quality of the data envelopment analysis. Specifically, the case of omitting a relevant variable in the input oriented problem is analyzed when there ...
Liquidez en los Mercados Accionarios Latinoamericanos: Estimando el efecto del Mercado Integrado Latinoamericano (MILA)
(Universidad EAFIT, 2012-12-15)
In this study one estimates transaction costs associated with intraday liquidity of shares belonging to six Latin American stock markets (Argentina, Brazil, Chile, Colombia, Mexico and Peru) during a period of six months ...
Los modelos DSGE: una respuesta de la discusión macroeconómica.
(Universidad EAFIT, 2011-10-03)
Models of Dynamic Stochastic General Equilibrium (DSGE) are based on the theory of general equilibrium that influences contemporary macroeconomics. This instrument explains the aggregate economic phenomena derived from ...