The hypothesis of the paper is that the macroeconomic policies implemented in Peru during the recessions of 1998-2000 and 2008-2009 were substantially different. This explains why economic performance in the second was much better than in the first. In monetary policy, both the exchange rate of...

En este trabajo se trata de identificar en qué momento la política fiscal en Colombia fue anticíclicao procíclica. Los períodos de estudio son 1950-2004 y 1962-2004. Para el primer período seconsidera el Déficit del Sector Público No Financiero (SPNF) y para el segundo periodo, el...

Spanish Abstract: El propósito del presente documento es el de contribuir al debate en torno a la importancia de la política fiscal como una herramienta poderosa para la estabilización y el crecimiento económico, así como mostrar el hecho de que los déficits fiscales no son los...

This article shows the relationship between market and firms through the theory of transactional cost and the relations that determine the structure and boundaries of the firm. Using the assumptions from the transactional cost approach, this article proposes some variables that determine optimal...

We analyze the credit channel effects on new residential property prices in Medellín, Colombia, using a simultaneous equations model. Our empirical results show that the main determinants of new residential properties prices are mortgage interest rates and the availability of government...

The automobile industry in Argentina shows a significant weight in the industrial sector and, correspondly, in the economic activity of the country. According to the Census 1994, the automobile industry accounted for 9% of total gross production (including spare parts production). That figure...

The metal-working and aluminium industries are widely known as basic industries since their supply feed into a number of of other economic activities producing final goods. Additionally, these industries are classified as heavy industries since they require a substantial capital investment per...

Este artículo tiene el propósito de presentar la gestión de la propiedad intelectual en museos (GPIM), en un escenario en el cual estas instituciones culturales pasaron de ser usuarios que respetaban la propiedad intelectual (PI) a gestionarla y ser intermediarios en el posible uso para...