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Inflación y desempleo: ejercicio econométrico para Cali-Colombia

Inflation and Unemployment: econometric exercise for Cali-Colombia

Santiago Arroyo (), Elizabeth Aponte, Henry Duque and Jaime Florez

MPRA Paper from University Library of Munich, Germany

Abstract: The curve of Phillips being a debate in the academic and governmental, not alone way for your application, but also for the form like it's defines and shapes the inverse relation between inflation and unemployment for the design of the economic policy. Thinking that during the last years Cali has experienced the major rates of inflation and unemployment in the country, this document was realized an exercise econometric of curve of simple Phillips, under tecniques of series of time and models VAR for the period June, 1979 - December, 2000. The results econometrics reflect a relation of very short term between these variables and very low incident with regard to the function estimulate - response; nevertheless, which if it is clear is the high index of macroeconomic sacrifice that it's remains in the city with the effects that short-term leave both the inflation and the unemployment.

Keywords: Curva de Phillips; Cointegración y modelos VAR; Inflación y desempleo (search for similar items in EconPapers)
JEL-codes: C3 C4 (search for similar items in EconPapers)
Date: 2005-02, Revised 2005-07
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Published in Revista Debates Latinoamericanos 5.3(2005): pp. 1-15

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