This paper estimates the distribution-led regime of the US economy for the period 1947–2019. We use a time varying parameter model, which allows for changes in the regime over time. To the best of our knowledge this is the first paper that has attempted to do this. This innovation is...

This paper estimates the distribution-led regime of the US economy for the period 1947–2019. We use a time varying parameter model, which allows for changes in the regime over time. To the best of our knowledge this is the first paper that has attempted to do this. This innovation is...

This paper estimates the distribution-led regime of the US economy for the period 1947–2019. We use a time varying parameter model, which allows for continuous changes in the regime over time. To the best of our knowledge this is the first paper that has attempted to do this. This innovation...

Spanish Abstract: La política fiscal tiene especial relevancia en economías dolarizadas. Para el caso ecuatoriano, se analizan los efectos de los impuestos y el gasto público en el desempeño general de la economía para el período 1993-2009. Para ello, se utiliza un modelo de vectores...

Spanish Abstract: El Índice de Actividad Empresarial no Petrolero (IAE-NP) es una herramienta estadística que permite conocer de forma agregada el comportamiento empresarial de Ecuador. Este indicador se construye en base a la metodología del indicador compuesto de la National Bureau of...

This paper aims to assess the extent to which top earners in Ecuador were affected by the COVID-19 crisis compared to other segments of the population. Our analysis uses administrative data for individuals affiliated to social security between January 2019 and December 2021. We identify the top...