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Inflación y desempleo en Colombia: NAIRU y tasa de desempleo compatible con alcanzar la meta de inflación (1984-2005)

Author

Listed:
  • Luis Eduardo Arango
  • Carlos Esteban Posada
  • Andrés Felipe García

Abstract

Se estima una NAIRU que cambia en el tiempo de acuerdo con la composición de la fuerza laboral. Bajo este enfoque la NAIRU promedio para el período 1984- 2005 es 11,9%. Además, dada la existencia de metas de inflación, estimamos una curva de Phillips ampliada con una regla de formación de expectativas de inflación que tiene en cuenta tales metas. Esta estimación permitió calcular la "tasa de desempleo compatible con una inflación igual a la meta" (TADECIM) la cual también es cambiante en el tiempo. Su nivel promedio es 15% para el período 1911-2005.

Suggested Citation

  • Luis Eduardo Arango & Carlos Esteban Posada & Andrés Felipe García, 2007. "Inflación y desempleo en Colombia: NAIRU y tasa de desempleo compatible con alcanzar la meta de inflación (1984-2005)," Borradores de Economia 453, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:453
    DOI: 10.32468/be.453
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    Cited by:

    1. Tito Nícias Teixeira da Silva Filho, 2010. "The Natural Rate of Unemployment in Brazil, Chile, Colombia and Venezuela: Some Results and Challenges," Working Papers Series 212, Central Bank of Brazil, Research Department.

    More about this item

    Keywords

    Fuerza laboral; inflación; meta de inflación; curva de Phillips; NAIRU; TADECIM.;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J82 - Labor and Demographic Economics - - Labor Standards - - - Labor Force Composition
    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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