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Item type:Publication, Macroeconomía: enfoques y modelos. nuevos ejercicios resueltos: capítulos 10 y 11(Pontificia Universidad Católica del Perú. Departamento de Economía, 2002)The theory of economic policy and the new tendencies on macroeconomics are the two issues, which are illustrated with solved problems in this document. There are exercises on both approaches to economic policy: the traditional and the version based on rules. It is also included exercise related to the new Keynesian macroeconomics, the growth theory and real business cycle. This document is part of Macro 2 course and it is oriented to help the teaching and training in macroeconomics. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Competitividad, rendimientos crecientes y comercio intra-industrial en la manufactura peruana, 1970-1995(Pontificia Universidad Católica del Perú. Departamento de Economía, 1998)This essay pretends to show, on the one hand, that the gains of competition are concentrated only on industrial branches with statistically significant increasing returns to scale and, on the other hand, that the significance of intra-industrial trade has been reduced during the last years. The empirical test is done by the use of a model which permits identify the kind of returns to scale existent in each of the 32 industrial branches of the manufacturing sector. Moreover, the econometrics estimation of the model makes it possible to test the importance of the demand factors to explain the trend and the dynamics of growth and capital accumulation in the manufacturing sector. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Macroeconomía: enfoques y modelos. Nuevos ejercicios resueltos: capítulo 9(Pontificia Universidad Católica del Perú. Departamento de Economía, 2002)This document contains exercises on open macroeconomics. There are several problems related to Mundell-Fleming model, the exchange rate dynamics and overshooting models with rational expectations. Its content is part of Macro 2 course and it is oriented to help the teaching and training in macroeconomics in this university. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Macroeconomía: enfoques y modelos. Nuevos ejercicios resueltos: Capítulo 8(Pontificia Universidad Católica del Perú. Departamento de Economía, 2001)This document contains several exercises related to the microfoundation of macroeconomics; the Keynesian macroeconomics with fixed prices; the money demand theory; and the IS-LM static and dynamic model. The exercises are complemented with theoretical discussions and are illustrated with graphs. It is oriented to help the teaching and training in macroeconomics. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Macroeconomía: enfoques y modelos. Nuevos ejercicios resueltos: Capítulos 3, 4, 5 y 7(Pontificia Universidad Católica del Perú. Departamento de Economía, 2001)Keynesianism, monetarism and new classical macroeconomics are some issues discussed in this document. It contains several exercises which will permit differentiate these approach to macroeconomics. It also contains the methods for solving models with rational expectations. The content of this document belongs to the first part of Macro 2 course and it is oriented to help the teaching and training in macroeconomics in this university. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Competitividad en la industria manufacturera peruana, 1985-1995(Pontificia Universidad Católica del Perú. Departamento de Economía, 1998)This paper is concerned with competition in the peruvian manufacturing industry. A simple model of competition is estimated in order to evaluate the influence of productivity changes and relative labor costs. With this purpose an index of competition was constructed for 32 industrial branches, with export and import data, following the revealed comparative advantages methodology. The period of analysis goes from 1985 to 1995. The labor costs are measured in current dollars. Hence, the exchange rate effects on the competitiveness of the industrial branches are taken into account by the labor cost variable. The model also includes an index of capacity utilization in order to estimate the net effects of productivity and labor cost on the industrial competitiveness. One of the most striking results of this research is that only 8 industrial branches out of 32 considered, won competitiveness during 1985-1995. The trade liberalization and the exchange rate overvaluation are the main responsible for the massive lost of industrial competitiveness during 1991-1995. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, El desempeño de la industria peruana 1950-1995: del proteccionismo a la restauración liberal(Pontificia Universidad Católica del Perú. Departamento de Economía, 1998)This essay is concerned with the performance of Peruvian manufacturing industry and manufacturing trade, during the 1950-1996 period. This period comprehends the years of import substitution industrialization, the long economic stagnation of 1976-1990, and the recent years of trade liberalization and economic deregulation. The nature of import substitution is evaluated and, at the same time, an explanation of its limits and declination is tried in order to understand the long economic stagnation of 1976-1990. Finally, this essay puts special emphasis on the differences of the manufacturing industry performance during the context of trade liberalization, and the boom and declination of import substitution. The effects of liberal reforms on the manufacturing trade and on the competitiveness of Peruvian industry are analyzed with particular attention, both from the demand and input cost sides. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, La economía peruana del último medio siglo. Ensayos de interpretación.(Pontificia Universidad Católica del Perú. Centro de Investigaciones Sociológicas, Económicas, Políticas y Antropológicas - CISEPA, 2010)Contiene una recopilación de artículos del profesor publicados entre los años 1982 y 2000, en los cuales desde diversas entradas analiza las políticas económicas que han marcado el proceso económico peruano desde los años cincuenta hasta finales del siglo XX. Tres son los hitos que marcan este periodo: la política de sustitución de importaciones que formalmente se inició con la ley de industrialización de 1959 y se agotó en menos de veinte años; la crisis de este proceso y el derrumbe del producto bruto interno per cápita hasta los niveles registrados en los años 1959-1990, durante el primer gobierno de Alan Garcia (1985-1990); y la restauración del modelo primario exportador con la aplicación de políticas y reformas neoliberales desde los primeros años de la década de los noventa - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Elementos de teoría y política macroeconómica para una economía abierta. Tercera parte: Capítulo 8(Pontificia Universidad Católica del Perú. Departamento de Economía, 2010)The third part, which consists of four chapters, presents the Mundell-Fleming model; the model of aggregate supply and demand; expectations and contracts as determinants of aggregate supply; the Phillips curve, and the model incorporating the Monetary Policy Reaction Function. The development of Mundell Fleming model is the main content of the eighth chapter. This model explains the conditions that allow the simultaneous achievement of internal and external equilibrium. To this end, the chapter includes some key concepts and identities to understand the functioning of an open economy. - Some of the metrics are blocked by yourconsent settings
Item type:Publication, Elementos de teoría y política macroeconómica para una economía abierta. Segunda parte: Capítulo 7(Pontificia Universidad Católica del Perú. Departamento de Economía, 2010)The seventh chapter presents the IS-LM model of simultaneous equilibrium in the goods and services market and the money market. IS-LM model determines the Aggregate Demand and, consequently, the level of output and employment, under the assumption of fixed prices or infinitely elastic Aggregate Supply. Then, it analyzes the effects of fiscal and monetary policies in the simultaneous equilibrium in both markets.