This document presents a Macroeconomic Consistency Model for a dollarized economy such as Ecuador. Based on a simply accounting framework that combined the social accounting matrix with the flow of funds, we integrate the different sectors of the economics through a matrix of income,...

This article describes the argumentative structure of Hayek on the relationship between tax policy and redistribution. It is observed throughout its work giving special attention to two of his works: The Constitution of Liberty (1959) and Law, Legislation and Liberty, Vol. 3, The Political Order...

The prices of most commodities have been rising steadily for more than four years. This phenomenon, which has been taking place for a longer period than usual, has been favourable to several countries and economic sectors. Many economies based on the primary sector have been suddenly benefited...

The prices of most commodities have been rising steadily for more than four years. This phenomenon, which has been taking place for a longer period than usual, has been favourable to several countries and economic sectors. Many economies based on the primary sector have been suddenly benefited...

The paper presents an approach to labor market structure in the municipality of Rionegro, Antioquia from the construction of indicators. The analysis was conducted from the supply side, taking information from the municipality's population that was part or not in the labor force and accounts for...

The existence of incomplete financial markets, in an environment of uncertainty, is one of the problems of the Latin American economies, that determines a suboptimal path of public spending, with the consequent loss of social welfare. The existence of a high degree of positive correlation...

The reorientation occurred in the socioeconomic, politic and institutional development of the Latin American and Caribbean countries, since 80's decade, provoke significant transformations in the regional rural spaces. The socioeconomic bipolarization is one of the most remarkable phenomena in...

Due to the supported economic growth of the first decade of the 21st century, Colombia managed to reduce the levels of poverty and inequality. Nevertheless, the country continued to present one of the most inequitable economies in the world maintaining a high income concentration. In that sense,...

El marco de la política monetaria de muchos países se desarrolla bajo un esquema de metas de inflación (Inflation Targeting Framework), lo cual plantea que un banco central fija la tasa de interés. La conocida Regla de Taylor, es la regla de política monetaria aplicado en la evidencia...