"El principal resultado del estudio muestra que frente al crecimiento del transporte aéreo y su impacto en la economía colombiana, las polí-ticas públicas, especialmente las relacionadas con la infraestructura, no han respondido de manera adecuada para cerrar los cuellos de botella e...

In this paper we report international evidence on the relationship between corruption and several development indicators such as economic stability, quality in educational expenditures, fiscal income, inequality, investment and economic growth. We first show how this relationship is negative by...

In this paper we extend the neoclassical model presented by Baxter and King (1993) to evaluate the effects of two alternative fiscal policy rules on the business cycle. The rules we analyze are similar to those implemented in practice by some countries, such as: limits to the structural fiscal...