En tiempos de crisis económicas, con altas tasas de paro, no debemos desconsiderar ninguna política susceptible de crear empleo. La reducción de la jornada laboral es una de ellas. La aplicación de cualquier política puede tener consecuencias distintas si se aplica en contextos diferentes....

This paper presents a quantitative model-based assessment of the potential impact of structural reforms in the EU Member States. By comparing structural indicators of labour and product markets, a gap is defined for each indicator relative to the 3 best performers. Scenarios are then simulated...

Este artículo tiene como propósito hacer una estimación econométrica del modelo de gasto público y crecimiento económico de Barro (1990). La estimación se realizó mediante el método generalizado de los momentos (GMM) para la economía colombiana durante el período 1950-2010. Los...

En este artículo se estudian los efectos potenciales que tendrían cambios en las políticas tributaria y fiscalizadora sobre el tamaño del sector informal en Colombia. Para ello se desarrolla un modelo de equilibrio general dinámico. Los resultados indican que el Gobierno, por medio de las...

In this paper we analyze the long run effect of exogenous technological growth on the employment rate in a labor market with matching frictions when there is either individual or collective wage setting and different timing for setting wages, labor and capital. We obtain that the effect depends...

This paper contributes to the literature on economic growth by seeking to join several lines of research on structural factors in a more fully specified framework, on the one hand, and by making this more inclusive supply side to interact with demand factors in a model of export-led growth, on...

The objective of this study is to analyze and explain the factors influencing the value added growth in Turkish public and private manufacturing sectors during 1980–2001. With this aim in view, a Two-Deflator Growth Accounting (TDA) method is applied in the study. It is revealed that...

In the neoclassical growth models, deferring current consumption and saving part of current income plays an important role in explaining the process of economic growth. In the case of subsistence economies, however, making such economic decisions are hardly possible [Myrdal, 1971]. The...

The paper describes the changes in Czech economy in the period between 1970 and 2010 from the macroeconomic perspective. It is based on the detailed study of sources and uses of gross domestic product with respect to labour inputs. Used data sources come from recently published historical data...

In this paper we analyze a two-sector growth model in which the utility function is not additively separable in consumption and “quality leisure time”. Differently from the main body of theoretical literature on quality leisure, we assume that the “productivity” of leisure is not...