Vol 26, No 60 (2023): Enero-junio

The main of this paper is to explain the productive dynamics of the North-Central region during the period 1988-2018. The analytical approach of the article addresses the study of the regional economy using both traditional and expanded shift-share methodology. The research is complemented with descriptive statistics of employment and production variables to observe the performance of the entities in the region. The results indicate that the region exhibits higher growth rates than the national average, reaffirming the positive performance experienced in recent decades. Significant differences are observed among economic activities, with manufacturing and commerce showing the highest growth, while the primary sector has diminished in importance due to reduced employment in the region. The data reflects the continuous growth of the North-Central region, confirming its increased relevance in the country’s economic activities.

La presente revisión de literatura tiene por finalidad comprender el impacto social y económico de la venta ambulante desde la perspectiva de género; las características económico-financieras de los vendedores ambulantes; y las condiciones educativas y de formación de la población dedicada a esta actividad, a partir de investigaciones empíricas disponibles en Scopus. Metodológicamente se consideraron tres fases: Scoping review sobre venta ambulante, revisión sistemática a partir de la fase anterior y análisis a profundidad donde se identificaron los artículos con mayor relevancia en torno a las tres categorías de análisis seleccionadas. Los hallazgos evidencian el papel de la mujer en la venta ambulante y la existencia de factores que afectan su actividad tales como: movilidad social, discriminación, acoso y trabajo remunerado frente a trabajo reproductivo. Asimismo, se evidencian limitaciones para el desarrollo de la actividad ambulante como: acceso al sistema financiero, persecución y control por parte de las autoridades locales y restricciones en los ingresos periódicos, además de limitaciones en la formación y capacitación.

This study addresses the issue of investment decision-making in home purchases through mortgage credit in Colombia. Although this process is expected to be structured to minimize risks, it is evident that not all relevant information about the financial instrument and risk identification, which could be avoided, is considered. Instead, there is an anticipation of high real estate profitability and low uncertainty. This was evident during the crisis caused by COVID-19, as despite its impact on economic indicators, housing market borrowing continued to rise. Therefore, it was necessary to find sufficient empirical evidence to support this hypothesis. To achieve this, an error correction model was used. The results reveal that investors in housing in Colombia, through mortgage credit, are moving away from decision-making based on pertinent information and a proper risk assessment. Given this evidence, it is crucial to promote decision-making based on relevant information and risk assessment in this type of investment and extend these principles to other types of investments to foster a more robust financial environment.

This article examines the effect of COVID-19 on the discursive structure of the monetary policy minutes of the Banco de la República de Colombia between 2018 and 2021. To conduct this research, the Latent Dirichlet Allocation (LDA) algorithm and a text corpus with 35 minutes were used. The results indicate that the model estimated with the minutes from 2020-2021 presented an additional topic and new words related to the health crisis compared to the 2018-2019 model. In addition, the analysis of the networks showed changes in the connections between words and the underlying main themes in the discourse contained in the minutes produced during the crisis. This suggests that the Board of the Bank adapted to the economic situation and added cutting-edge information to their communications, shifting the use of syntagms in the syntactic structure of the minutes. In this sense, it demonstrates the Bank’s commitment to including firsthand information in its communications for the sake of transparent monetary policy communication.

The aim of this article is to analyze the changes that have occurred in the Argentine labor market since the COVID-19 crisis and its persistence or recovery once economic activity has resumed. In particular, it identifies the heterogeneities in the reduction of employment during the crisis and in the rhythm of the recovery that followed, in order to account for possible inequality effects. A static analysis was carried out, which was complemented with a dynamic analysis, which allowing the identification of the transits to and from the occupation, as well as the permanence in that state, based on data from the Permanent Household Survey. The main results show that for most of the groups the situation one year after the outbreak of the crisis is similar to that prevailing in the previous period, while an unequalizing effect could be observed among the youngest workers.

In the context of the post-pandemic and the war in Ukraine, inflation in the Argentine economy tended to accelerate. This situation stands on a previous path of rising prices, characterized by a jump in levels in 2018 and 2019. From a structuralist theoretical perspective, in particular on the contributions of Julio Olivera, the article addresses the incidence of imperfect competition (not only a product of the actions of oligopolies, but also of economic groups) in the face of this inflationary dynamic. To this end, the evolution of industrial prices by sector is analyzed, after establishing a classification of these sectors according to the level of concentration and the predominance or not of economic groups. As a result, it is found that the oligopolistic branches with a predominance of economic groups recorded price increases above the international price shock between the third quarter of 2020 and the third quarter of 2021.