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

Author

Listed:
  • 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 el empleo, a diferencia de lo encontrado en economías desarrolladas como la de los Estados Unidos. El presente trabajo usa modelos VAR para abordar explicaciones de ese fenómeno, así como un modelo de equilibrio general dinámico y estocástico para una economía pequeña y abierta, que incorpora endógenamente desempleo de equilibrio y cambios en la fuerza laboral. 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 halla que choques tecnológicos inducen una correlación negativa entre producto y empleo, mientras choques no tecnológicos inducen la correlación contraria.

Suggested Citation

  • Andrés González & Sergio Ocampo & Diego Rodríguez & Norberto Rodríguez, 2012. "Asimetrías del empleo y el producto, una aproximación de equilibrio general," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 30(68), pages 218-272, June.
  • Handle: RePEc:bdr:ensayo:v:30:y:2012:i:68:p:218-272
    DOI: 10.32468/Espe.6805
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    Cited by:

    1. Arturo Antón, 2014. "The effect of payroll taxes on employment and wages under high labor informality," IZA Journal of Labor & Development, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-23, December.
    2. Jose U. Mora & Celso J. Costa Junior, 2019. "FDI Asymmetries in Emerging Economies: The Case of Colombia," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 11(8), pages 1-35, August.
    3. Andrés González & Lavan Mahadeva & Juan D. Prada & Diego Rodríguez, 2011. "Policy Analysis Tool Applied to Colombian Needs: Patacon Model Description," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 29(66), pages 222-245, December.
    4. Sergio Ocampo Díaz, 2012. "A Model of Rule-of-Thumb Consumers With Nominal Price and Wage Rigidities," BORRADORES DE ECONOMIA 009595, BANCO DE LA REPÚBLICA.
    5. Sergio Ocampo Díaz, 2012. "Introducción de Fricciones en el Mercado Laboral en Modelos DSGE," Vniversitas Económica 010007, Universidad Javeriana - Bogotá.

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    More about this item

    Keywords

    Mercado laboral; VAR estructural; DSGE; Economia abierta; Política monetaria;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • E27 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation: Models and Applications
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • E37 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Forecasting and Simulation: Models and Applications
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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