Sistemas de ciudades y tamaño: un modelo de diferenciación del producto
In a recent issue of the American Economic Review, several authors presented their views regarding what they believe constitute the core of macroeconomics. All of these authors agree that there is a short-run trade-odd between inflation and unemployment. Yet there is a lack of consensus as for why t...
| Autores principales: | , |
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| Formato: | Online |
| Idioma: | espanhol |
| Editor: |
El Colegio de México, A.C.
2001
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| Acesso em linha: | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/209 |
| Recursos: |
Estudios Económicos |
| authentication_code | dc |
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| _version_ | 1844256679687880704 |
| author | Sáenz Lozano, José Luis Brañas Garza, Pablo |
| author_facet | Sáenz Lozano, José Luis Brañas Garza, Pablo |
| author_sort | Sáenz Lozano, José Luis |
| category_str_mv |
"Bolivia", "hyperinflation", "economic crisis", "Bolivia", "hiperinflación", "crisis económica"
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| collection | OJS |
| description | In a recent issue of the American Economic Review, several authors presented their views regarding what they believe constitute the core of macroeconomics. All of these authors agree that there is a short-run trade-odd between inflation and unemployment. Yet there is a lack of consensus as for why this happens. The purpose of this paper is to test the validity of one of these possible explanations: the new Keynesian theory. For this purpose, we use evidence from 18 countries for the period 1964-1996, on the relation between inflation, output supply elasticity and government-policy multipliers. Empirical evidence seems to support the proposition derived from the new Keynesian school: the value of the fiscal multiplier will be smaller as the average inflation increases and the degree of financial intermediation declines. One consequence of this result is that the effectiveness of government expenditure as a mean to stabilize output depends to a large extent on the soundness of the domestic banking system. |
| format | Online |
| id | oai:oai.estudioseconomicos.colmex.mx:article-209 |
| index_str_mv | CONAHCYT LATINDEX PKP Index DORA Redalyc Scielo México Handbook of Latin American Studies (HLAS) JSTOR Dialnet HAPI Ulrich’s International Periodicals Directory Google Scholar IBSS Gale OneFile: Informe Académico Global Issues in Context InfoTracCustom Cengage Learning EconLit Índice bibliográfico Publindex RePEc The Journal of Economic Literature |
| journal | Estudios Económicos |
| language | spa |
| publishDate | 2001 |
| publisher | El Colegio de México, A.C. |
| record_format | ojs |
| Terms_governing_use_and_reproduction_note | Copyright (c) 2018 Estudios Económicos |
| data_source_entry/ISSN | Estudios Económicos de El Colegio de México; 31-vol. 16, no. 1, january-june, 2001; 73-104 Estudios Económicos de El Colegio de México; 31-vol. 16, núm. 1, enero-junio, 2001; 73-104 0186-7202 0188-6916 |
| spelling | oai:oai.estudioseconomicos.colmex.mx:article-2092023-02-20T23:43:06Z Cities size systems: A product differentiation model Sistemas de ciudades y tamaño: un modelo de diferenciación del producto Sáenz Lozano, José Luis Brañas Garza, Pablo optimal city size taxation efficiency city system tamaño óptimo ciudad eficiencia impuesto-subsidio sistema de ciudades. In a recent issue of the American Economic Review, several authors presented their views regarding what they believe constitute the core of macroeconomics. All of these authors agree that there is a short-run trade-odd between inflation and unemployment. Yet there is a lack of consensus as for why this happens. The purpose of this paper is to test the validity of one of these possible explanations: the new Keynesian theory. For this purpose, we use evidence from 18 countries for the period 1964-1996, on the relation between inflation, output supply elasticity and government-policy multipliers. Empirical evidence seems to support the proposition derived from the new Keynesian school: the value of the fiscal multiplier will be smaller as the average inflation increases and the degree of financial intermediation declines. One consequence of this result is that the effectiveness of government expenditure as a mean to stabilize output depends to a large extent on the soundness of the domestic banking system. Este trabajo representa la modelización, en un marco estático, del tamaño óptimo de una ciudad. La oferta está caracterizada por empresas idénticas en una situación de competencia imperfecta, mientras que en la demanda destacan las familias que tienen preferencia por la variedad. Los resultados de tamaño óptimo alcanzados son sensibles a la situación de economías o deseconomías de aglomeración y, al nivel de utilidad de los ciudadanos. Asimismo, se analizan las consecuencias en términos de eficiencia de un impuesto-subsidio. En una segunda parte, se analizan el tamaño óptimo de un sistema de ciudades. El Colegio de México, A.C. 2001-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion application/pdf https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/209 10.24201/ee.v16i1.209 Estudios Económicos de El Colegio de México; 31-vol. 16, no. 1, january-june, 2001; 73-104 Estudios Económicos de El Colegio de México; 31-vol. 16, núm. 1, enero-junio, 2001; 73-104 0186-7202 0188-6916 spa https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/209/211 Copyright (c) 2018 Estudios Económicos |
| spellingShingle | optimal city size taxation efficiency city system tamaño óptimo ciudad eficiencia impuesto-subsidio sistema de ciudades. Sáenz Lozano, José Luis Brañas Garza, Pablo Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title | Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title_alt | Cities size systems: A product differentiation model |
| title_full | Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title_fullStr | Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title_full_unstemmed | Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title_short | Sistemas de ciudades y tamaño: un modelo de diferenciación del producto |
| title_sort | sistemas de ciudades y tamano un modelo de diferenciacion del producto |
| topic | optimal city size taxation efficiency city system tamaño óptimo ciudad eficiencia impuesto-subsidio sistema de ciudades. |
| topic_facet | optimal city size taxation efficiency city system tamaño óptimo ciudad eficiencia impuesto-subsidio sistema de ciudades. |
| url | https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/209 |
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