Endogenous growth models havea peculiarly unsatisfactory flavor when considered from the point of view of the less developed economies. According to these models, poor countries have a higher propensity to save then rich, ...

The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and ...

Planteamos el método de la ecuación del calor para la solución de un conjunto importante de problemas de optimización intertemporal con múltiples agentes. Implementamos con éxito este método para la solución del problema ...

Se han realizado diversas investigaciones empíricas sobre los motivos de las transferencias privadas inter-vivos y sobre su relación con las restricciones de liquidez. Sin embargo, son relativamente escasos los estudios ...

This article begins by constructing a model of stratified and divergent economic growth integrating economic geography, human development and endogenous technological change. Even in the presence of perfect capital, goods, ...

Realizamos en este trabajo una revisión selectiva de la literatura sobre crecimiento y salud, e indicamos una serie de preguntas de relevancia central para integrar al estudio del crecimiento los fenómenos de la salud. ...

I evaluate the optimality properties of a two sector market economy consisting of a mass production sector with market power and a competitive sector with small scale production. Adam Smith's results hold: the presence ...

Tomamos en cuenta la salud en la utilidad esperada, incluyendo la probabilidad de morir y un índice de calidad de vida. Esto implica que las tasas de preferencia intertemporal sean endógenas, y el funcional de utilidad ...

I review the current theoretical and econometric literature on the economic dynamics of urbanization and its relation to economic growth. I then report research results on the short- and long-term impacts of urbanization ...

The current economic crisis has long-term causes that are rooted in the economic dynamics of globalization. I construct a Solow-style endogenous model of capital accumulation, technological change, trade and cheap-factor-seeking ...