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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.

Suggested Citation

  • Andrés González & Sergio Ocampo & Diego Rodríguez & Norberto Rodríguez, 2011. "Asimetrías del empleo y el producto, una aproximación de equilibrio general," BORRADORES DE ECONOMIA 008890, BANCO DE LA REPÚBLICA.
  • Handle: RePEc:col:000094:008890
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    References listed on IDEAS

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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 Republica de Colombia, vol. 29(66), pages 222-245, Diciembre.
    2. José Eduardo Gómez-González & Luisa Silva & Sergio Restrepo & Mauricio Salazar, 2012. "Flujos de capital y fragilidad financiera en Colombia," ENSAYOS SOBRE POLÍTICA ECONÓMICA, BANCO DE LA REPÚBLICA - ESPE, vol. 30(69), pages 68-109, December.
    3. 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.
    4. Sergio Ocampo Díaz, 2012. "Introducción de Fricciones en el Mercado Laboral en Modelos DSGE," VNIVERSITAS ECONÓMICA 010007, UNIVERSIDAD JAVERIANA - BOGOTÁ.
    5. 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.

    More about this item

    Keywords

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

    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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