Expansions and contractions in Brazil, Colombia and Mexico: a view through non-linear models

Luis E. Arango; Luis Fernando Melo-Velandia

Borradores de Economia

Number:

186

Published:

Monday, 1 September 2003

Classification JEL:

C22, C52

Keywords:

Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

Download document

The most recent

The Economic Development of Colombia from the End of the Thousand Days' War to the Great Depression

Juliana Jaramillo-Echeverri, María Teresa Ramírez-Giraldo

Experimenting with Large Language Models for Inflation Forecasting in Colombia

Aarón Levi Garavito-Acosta, Wilmer Martinez-Rivera, Juan J. Ospina-Tejeiro, Edgar Caicedo-García

Evaluating Unemployment Insurance in a Developing Economy: Evidence from Colombia

Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson

The study of the asymmetric behavior of macroeconomic variables over the business cycles phases has had a long tradition in economics. In this work we find evidence in favor of the hypothesis of having a STAR-type nonlinear asymmetric behavior of the econ