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Desequilibrios Reales en Colombia

Author

Listed:
  • Martha Misas A.
  • Enrique López E.

    (Banco de la República de Colombia)

Abstract

La evaluación de los desequilibrios en los mercados de bienes y trabajo permite un diagnóstico preciso de la fase en que se encuentra una economía en el ciclo económico. Es éste artículo se utiliza la metodología de vectores autorregresivos estructurales (SVAR) aplicada a un único sistema de información conformado por las variables de producto real, precios al consumidor, tasa de desempleo y utilización de la capacidad instalada para construir la brecha del producto y de desempleo. Para el cálculo de éstos dos indicadores fue necesario resolver un complejo problema de indentificación, de forma tal que se pudieran definir los shock estructurales que han afectado en el pasado la economía colombiana. La teoría económica, específicamente un modelo IS-LM microfundamentado, permite estipular 10 restricciones de largo plazo y solucionar el problema.

Suggested Citation

  • Martha Misas A. & Enrique López E., 2001. "Desequilibrios Reales en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 19(40), pages 5-45, December.
    • Handle: RePEc:bdr:ensayo:v:19:y:2001:i:40:p:5-45
    DOI: 10.32468/Espe.4001
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    Citations

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    Cited by:

    1. Luis Eduardo Arango & Ana María Iregui & Luis Fernando Melo, 2003. "Recent Behavior of Output, Unemployment, Wages and Prices in Colombia:What went Wrong?," Borradores de Economia 249, Banco de la Republica de Colombia.
    2. Eduardo Wiesner, 2008. "The Political Economy of Macroeconomic Policy Reform in Latin America," Books, Edward Elgar Publishing, number 12913.
    3. Luis Eduardo Arango & IREGUI, Ana María & MELO, Luis F., 2006. "Recent macroeconomic performance in colombia: what went wrong?," Revista de Economía del Rosario, Universidad del Rosario, June.
    4. Jorge Iván RODRIGUEZ MUNOZ & Juan Ricardo PERILLA JIMENEZ & José Daniel REYES PEÑA, 2004. "Cálculo del PIB Potencial en Colombia.:1970-2003," Archivos de Economía 2078, Departamento Nacional de Planeación.
    5. Acevedo Rueda, Rafael Alexis & Mora Mora, José U. & Harmath Fernández, Pedro Alexander, 2012. "La brecha del producto y el producto potencial en Venezuela: una estimación SVAR [Output Gap and Potential GDP in Venezuela: A SVAR Estimation]," MPRA Paper 58691, University Library of Munich, Germany, revised 2013.
    6. Carlos Esteban Posada, 2002. "Modelos de crecimiento y estilos de desarrollo: varias precisiones y una conjetura," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, June.

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    JEL classification:

    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand

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