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Simulation is the process of executing a model, that is a representation of a system with enough detail to describe it but not too excessive. This model has a set of entities, an internal state, a set of input variables ...

In this paper, we study the statistical relationship between money and prices in Argentina during the last quarter of the 20th century. We first look at the unit root characteristics of the series which suggest dividing ...

The classical and neo-classical theories of international trade are subject to critical analysis. Thus it is shown that policy recommendations based on such theories are not justified because rigidities in the economic s...

In a work published fifty years ago, as he called the attention upon the deficiency of the Historical School, the author pointed out as the best way for the solution of the problems of practical life a realistic economic...

Una característica inherente a todo proceso de desarrollo la constituye el objetivo, implícito o declarado, de mejoramiento de la distribución del ingreso, tanto desde el punto de vista funcional como personal. Tal co...