Análisis del ciclo económico en una economía con rigideces nominales y un amplio sector informal
| Autor: | Gómez Ospina, Mónica Alexandra |
|---|---|
| Přispěvatelé: | Jaramillo, Fernando |
| Jazyk: | Spanish; Castilian |
| Rok vydání: | 2012 |
| Předmět: | |
| Zdroj: | Albrecht, J. Navarro, L. Vroman, S. (2009). The effects of labor market policies in an economic with an informal sector. The Economic Journal, Vol. 119 pp. 105–1129. Agénor, P. Aizeman, J. (1999) Macroeconomic adjustment with segmented labor markets. Journal of Development Economics, Vol. 58, pp. 277-296. Blanchard, O. Gali, J. (2010). Labor Markets and Monetary Policy: A New Keynesian Model with Unemployment, American Economic Journal: Macroeconomics, American Economic Association, vol. 2(2), pp. 1-30. Bocsh, M. maloney, W. (2008) Cyclical movements in unemployment and informality in developing countries. Policy Research Working Paper Series 4648, The World Bank. Bosch, M. Pretel, J. (2006). Job creation and job destruction in the presence of informal labour markets. CEP Discussions Paper, No 76, Centre for Economic Performance. Carvalho, F. Valli, Marcos (2011) Fiscal policy in brazil through the lens of an estimated DSGE model. Working Pares Series, No. 240. Banco Central do Brasil . Castillo, P. Montoro, C (2012) Dinámica inflacionaria en presencia de informalidad en mercados laborales. Economía Chilena, Vol. 15, No. 1. 28 p. Cheron, A. Langot, F. (2000). The Phillips and Beveridge curves revisited. Economics Letters, Vol. 69(3), pp. 371-376. Christoffel, K. Linzert, T. (2005). The Role of real wage rigidity and labor market frictions for unemployment and inflation dynamics. Working Papers Series, No. 556. European Central Bank. Christiano, L. Eichenbaum, M. Evans, C. (2005) Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy. Journal of Political Economy, University of Chicago Press, vol. 113(1), pp. 1-45. Faia, E. (2008). Optimal monetary policy rules with labor market frictions. Journal of Economic Dynamics & Control, vol. 32, pp. 1600–1621. Fortin, B. Marceau, N. Savard L. (1997). Taxation, wage controls and the informal sector. Journal of Public Economic, No. 66, pp.293-312. Gali, J. (2010) Monetary policy and unemployment. NBER Working Pares Series, National Bureau of Economy Research, No. 15871, 83 p. Galí, J. Rabanal, P. (2004) Technology shocks and aggregate fluctuations: how well does the Real Business Cycle Model fit postwar U.S. data? IMF Working Paper No. 234, International Monetary Fund. 67 p. Hall, R. (2005) Employment fluctuations with equilibrium wages stickiness. American Economic Review, Vol. 95, No. 1, pp.50-64. Krause, M. Lubik, T. (2007) The (ir)relevance of real wage rigidity in the New Keynesian model with search frictions. Journal of Monetary Economics, No. 54 (2007), pp. 706–727. Mattessini, F. Rossi, L. (2009). Optimal monetary policy in economies with dual labor market. Journal of Economic Dynamics & Control. No. 33, p.1469-1489 Mortensen, D, Pissarides, C.(1994). Job creation and job destruction in the theory of Unemployment”. Review of economic Studies, No. 61. pp 367. Organización Internacional del Trabajo (2011). Panorama laboral 2011: América Latina y el Caribe. Oficina regional de la OIT para América Latina y el Caribe. Satchi, M. Temple, J. (2009). Labor markets and productivity in developing countries. Review of Economics Dynamics, No. 12, pp. 183-204. Shimer, Robert (2005): The cyclical behavior of equilibrium unemployment and vacancies. American Economic Review, vol. 95, No. 1, pp. 25-49. Thomas, C. (2008). Search and matching frictions and optimal monetary policy Journal of Monetary Economics, Elsevier, vol. 55(5), pp. 936-956. Trigari, A. (2004). Equilibrium unemployment, job flows and inflation dynamics. Working Paper Series, No. 304. European Central Bank. Trigrary, A. (2006) The role of search frictions and bargaining in inflation dynamics. Working Papers, No. 304, IGIER (Innocenzo Gasparini Institute for Economic Research), Bocconi University. Trigrary, A. (2009) Equilibrium unemployment, job flows, and inflation dynamics. Journal of Money, Credit and Banking, Vol. 41 (1), pp.1-33. Walsh, C. (2002) “Monetary Theory and Policy” The MIT Press, London. 633 p. Walsh, C. (2003). Labor market and monetary shocks”. En: Altug, S. Shadja, J. Nolan, C. “Elements of Macroeconomic Analysis”. Cambridge University Press, Cambridge, pp. 451-486. Walsh, C. (2005). Labor market search, sticky prices, and interest rates policy. Review of Economics Dynamics. No. 8. P. 829-849. Repositorio EdocUR-U. Rosario Universidad del Rosario instacron:Universidad del Rosario |
| DOI: | 10.48713/10336_3941 |
| Popis: | En este trabajo se construye un modelo de Equilibrio General Dinámico Estocástico (DSGE) con sector informal y rigideces en precios, usando como marco de análisis la teoría de búsqueda y emparejamiento del mercado de trabajo. El objetivo principal es analizar el efecto de los diferentes tipos de choques económicos sobre las principales variables del mercado laboral, en una economía con presencia importante del sector informal. Igualmente se estudia el efecto de la política monetaria, ya que la presencia de este sector afecta la dinámica del ciclo económico, y por ende los mecanismos de transmisión de la política monetaria. En particular, se analiza la dinámica del modelo bajo diferentes reglas de política monetaria y se compara el bienestar agente representativo generado por cada una de estas reglas. This paper builds a Dynamic Stochastic General Equilibrium (DSGE) model with informal sector and price rigidities, using as a framework of analysis theory search and matching labor market. The main objective is to analyze the effect of different types of economic shocks on key labor market variables, in an economy with significant presence in the informal sector. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|