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Asimetrías del empleo y el producto, una aproximación de equilibrio general

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  • Andrés González

    ()

  • Sergio Ocampo

    ()

  • Diego Rodríguez

    ()

  • Norberto Rodríguez

    ()

Abstract

La evidencia empírica para Colombia muestra relaciones tanto positivas como negativas entre el crecimiento del producto y empleo, a diferencia de lo encontrado en economías desarrolladas como la de los Estados Unidos. El presente trabajo usa modelos VAR y de Equilibrio General Dinámico y Estocástico para abordar explicaciones de ese fenómeno. Los resultados obtenidos, usando datos trimestrales para Colombia, son consistentes para las dos metodologías; se encuentra que la correlación entre el producto y el empleo es condicional a la fuerza motora del ciclo económico. En particular se encuentra que choques tecnológicos inducen una correlación negativa entre producto y empleo, mientras choques no tecnológicos inducen la correlación contraria.

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Bibliographic Info

Paper provided by BANCO DE LA REPÚBLICA in its series BORRADORES DE ECONOMIA with number 008890.

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Length: 36
Date of creation: 08 Aug 2011
Date of revision:
Handle: RePEc:col:000094:008890

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Keywords: Mercado laboral; VAR estructural; DSGE; Economía abierta; Política monetaria.;

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Cited by:
  1. Andrés González & Lavan Mahadeva & Juan D. Prada & Diego Rodríguez, 2011. "Policy Analysis Tool Applied to Colombian Needs: Patacon Model Description," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE.
  2. Sergio Ocampo Díaz, 2012. "A Model of Rule-of-Thumb Consumers With Nominal Price and Wage Rigidities," Borradores de Economia 707, Banco de la Republica de Colombia.

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