| MODELO NEC -NUEVA MACROECONOMIA CLASICA - |
| MAYOR SENSIBILIDAD DE LA INVERSION AL TIPO DE
INTERES |
|
7 |
| PARAMETROS Y VARIABLES EXOGENAS |
| |
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|
antes |
ahora |
diferencia |
| Mercado de Bienes |
|
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|
|
| |
Propension marginal a consumir |
c |
0.6263 |
0.6263 |
0.00 |
| |
Tipo impositivo |
t |
0.2200 |
0.2200 |
0.00 |
| |
Propension marginal a invertir |
j |
0.3000 |
0.3000 |
0.00 |
| |
sensibilidad inversión a tipo interés |
bi |
3.0000 |
4.0000 |
1.00 |
| |
sensibilidad consumo al t. interes |
bc |
0.0000 |
0.0000 |
0.00 |
| |
Consumo Autonomo |
Cº |
23 |
23 |
0.00 |
| |
Inversion Autónoma |
Iº |
12 |
12 |
0.00 |
| |
Gasto Publico Autonomo |
Gº |
38 |
38 |
0.00 |
| |
Transferencias del Estado |
TRº |
1 |
1 |
0.00 |
| |
Impuestos Fijos |
Tº |
1 |
1 |
0.00 |
| |
|
| |
|
| Mercado de Dinero |
0.00 |
| |
sensib. demanda dinero a la Renta |
k |
1.3000 |
1.3000 |
0.00 |
| |
sensib.demanda dinero al t.interes |
h |
1.0000 |
1.0000 |
0.00 |
| |
relacion efectivo/depositos |
e |
0.1000 |
0.1000 |
0.00 |
| |
coeficente reservas/depositos |
r |
0.1000 |
0.1000 |
0.00 |
| |
Base Monetaria |
Hº |
6.0000 |
6.0000 |
0.00 |
| |
variacion esperada precios |
varpe |
|
|
| |
|
| Mercado de Trabajo |
|
| |
cotizacion empresas a seg. social |
cssf |
0.1000 |
0.1000 |
0.00 |
| |
cotizacion trabajadores a seg. social |
cssw |
0.1000 |
0.1000 |
0.00 |
| |
impuestos sobre trabajo |
tw |
0.1000 |
0.1000 |
0.00 |
| |
productividad media del trabajo |
a |
2.0000 |
2.0000 |
0.00 |
| |
sensibilidad oferta trabajo |
g |
0.2000 |
0.2000 |
0.00 |
| |
sensibilidad demanda trabajo |
f |
0.6000 |
0.6000 |
0.00 |
| |
demada trabajo autonoma |
Dº |
25.0000 |
25.0000 |
0.00 |
| |
oferta de trabajo autonoma |
Sº |
2.0000 |
2.0000 |
0.00 |
| |
Poblacion Activa |
FL |
36.00 |
36.00 |
0.00 |
| |
porcentaje paro friccional |
uf |
6.7000 |
6.7000 |
0.00 |
| |
|
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|
EQUILIBRIOS |
diferencia |
CONCLUSIONES |
|
variables endógenas |
|
antes |
a corto |
a largo |
corto-antes |
largo-antes |
a corto |
a largo |
| variables nominales |
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| |
precio |
P |
0.73 |
0.68 |
0.73 |
(0.05) |
0.00 |
P |
baja |
= |
|
|
| |
salario nominal |
W |
6.44 |
6.31 |
6.44 |
(0.14) |
0.00 |
W |
baja |
= |
|
| |
interes |
i |
20.75 |
15.64 |
20.75 |
(5.11) |
0.00 |
i |
baja |
= |
|
| |
dinero |
M |
33.00 |
33.00 |
33.00 |
0.00 |
0.00 |
M |
= |
= |
|
| variables reales |
0.00 |
|
| |
renta |
Y |
50.86 |
49.35 |
50.86 |
(1.51) |
0.00 |
Y |
baja |
= |
|
|
| |
renta disponible |
Yd |
39.67 |
38.49 |
39.67 |
(1.18) |
0.00 |
Yd |
baja |
= |
|
| |
empleo |
N |
25.43 |
24.67 |
25.43 |
(0.76) |
0.00 |
N |
baja |
= |
|
| |
desempleo voluntario |
U |
8.16 |
8.91 |
8.16 |
0.76 |
0.00 |
U |
sube |
= |
|
| |
salarios reales |
W/P |
8.86 |
9.27 |
8.86 |
0.41 |
0.00 |
W/P |
sube |
= |
|
| |
saldos reales dinero |
M/P |
45.37 |
48.51 |
45.37 |
3.14 |
0.00 |
M/P |
sube |
= |
|
| variables potenciales |
0.00 |
|
| |
producc. pobl. activa |
FY |
72.00 |
72.00 |
72.00 |
0.00 |
0.00 |
FY |
= |
= |
|
| |
renta pleno empleo |
YP |
67.18 |
67.18 |
67.18 |
0.00 |
0.00 |
YP |
= |
= |
|
| |
pleno empleo |
NP |
33.59 |
33.59 |
33.59 |
0.00 |
0.00 |
NP |
= |
= |
|
| composicion demanda |
0.00 |
|
| |
consumo |
C |
47.84 |
47.11 |
47.84 |
(0.74) |
0.00 |
C |
baja |
= |
|
| |
inversion |
I |
(34.99) |
(35.76) |
(55.74) |
(0.77) |
(20.75) |
I |
baja |
baja |
|
| |
gasto publico |
G |
38.00 |
38.00 |
38.00 |
0.00 |
0.00 |
G |
= |
= |
|
| |
Demanda Autonoma |
A |
73.00 |
73.00 |
73.00 |
0.00 |
0.00 |
A |
= |
= |
|
| otras variables |
0.00 |
0.00 |
|
| |
ahorro |
S |
(8.18) |
(8.62) |
(8.18) |
(0.44) |
0.00 |
S |
baja |
= |
|
| |
impuestos |
T |
12.19 |
11.86 |
12.19 |
(0.33) |
0.00 |
T |
baja |
= |
|
| |
transferencias |
TR |
1.00 |
1.00 |
1.00 |
0.00 |
0.00 |
TR |
= |
= |
|
| |
deficit publico |
DP |
26.81 |
27.14 |
26.81 |
0.33 |
0.00 |
DP |
sube |
= |
|
| multiplicadores demanda |
0.00 |
0.00 |
|
| |
simple |
alfa |
4.73 |
4.73 |
4.73 |
0.00 |
0.00 |
alfa |
= |
= |
|
| |
politica fiscal |
Mf |
0.24 |
0.18 |
0.24 |
(0.06) |
0.00 |
Mf |
baja |
= |
|
| |
politica monetaria |
Mm |
0.73 |
0.74 |
0.73 |
0.01 |
0.00 |
Mm |
sube |
= |
|
| |
monetario |
Mb |
5.50 |
5.50 |
5.50 |
0.00 |
0.00 |
Mb |
= |
= |
|
| pendientes |
0.00 |
0.00 |
|
| |
demanda agregada |
DA |
(0.02) |
(0.02) |
(0.02) |
0.00 |
0.00 |
DA |
menor |
= |
|
| |
oferta agregada |
SA |
vertical |
vertical |
vertical |
0.00 |
0.00 |
SA |
= |
= |
|
| |
IS |
IS |
(0.07) |
(0.05) |
(0.07) |
0.02 |
0.00 |
IS |
menor |
= |
|
| |
LM |
LM |
1.30 |
1.30 |
1.30 |
0.00 |
0.00 |
LM |
= |
= |
|
| |
demanda trabajo |
DT |
(0.40) |
(0.37) |
(0.40) |
0.03 |
0.00 |
DT |
menor |
= |
|
| |
oferta trabajo |
ST |
0.18 |
0.18 |
0.18 |
0.00 |
0.00 |
ST |
= |
= |
|
| equilibrios |
0.00 |
|
| |
mercado bienes |
si |
si |
no |
0.00 |
m. bienes |
si |
no |
|
| |
mercado dinero |
si |
si |
si |
0.00 |
m. dinero |
si |
si |
|
| |
mercado trabajo |
si |
no |
si |
0.00 |
m. trabajo |
no |
si |
|
| desplazamientos de curvas |
|
| |
demanda agregada |
DA |
<== |
|
0.00 |
DA |
<== |
|
|
| |
oferta agregada |
SA |
<== |
|
0.00 |
SA |
<== |
|
|
| |
curva IS |
IS |
<== |
<== |
(98.11) |
IS |
<== |
<== |
|
| |
curva LM |
LM |
==> |
|
0.00 |
LM |
==> |
|
|
| |
demanda trabajo |
DT |
<== |
|
0.00 |
DT |
<== |
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oferta trabajo |
ST |
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ST |
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| | FORMULAS |
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a corto |
a largo |
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P...ver abajo |
P=M/(kY-hi) |
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W=(Sº+g*N)*pe/x |
W=(Sº+g*N)*p/x |
|
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i=(A/b)-(Y/alfa/b) |
i=(A/b)-(Y/alfa/b) |
|
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M=Bº*(1+e)/(e+r) |
M=Bº*(1+e)/(e+r) |
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Y=N*a |
Y=N*a |
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Yd=Y-T+TRº |
Yd=Y-T+TRº |
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N=(P*Dº*x-Pe*Sº*z)/(Pe*g*z+P*f*x) |
N=(Dº*x-Sº*z)/(g*z+f*x) |
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U=NP-N |
U=NP-N |
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W/P |
W/P |
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FY=FL*a |
FY=FL*a |
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YP=NP*a |
YP=NP*a |
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NP=FL(100-uf)/100 |
NP=FL(100-uf)/100 |
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C=Cº+c*Yd-bc*i |
C=Cº+c*Yd-bc*i |
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I=Iº-bi*i+j*Y |
I=Iº-bi*i+j*Y |
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G=Gº |
G=Gº |
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A=Cº+Iº+Gº+c(TRº-Tº) |
A=Cº+Iº+Gº+c(TRº-Tº) |
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S=-Cº+(1-c)*Yd+bc*i |
S=-Cº+(1-c)*Yd+bc*i |
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T=Tº+t*Y |
T=Tº+t*Y |
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TR=TRº |
TR=TRº |
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DP=G+TR-T |
DP=G+TR-T |
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alfa=1/[1-c*(1-t)-j] |
alfa=1/[1-c*(1-t)-j] |
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Mf=1/[1-c(1-t)-j+(bk/h)] |
Mf=1/[1-c(1-t)-j+(bk/h)] |
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Mm=Mf*b/h |
Mm=Mf*b/h |
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Mb=(1+e)/(e+r) |
Mb=(1+e)/(e+r) |
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DA'(p/Y)=-P*P/Mm/M |
DA'(p/Y)=-P*P/Mm/M |
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SA'(p/Y)=az(Dºgs+fSº)/x/(fY-aDº)^2 |
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IS'(i/Y)=-1/ALFA/b |
IS'(i/Y)=-1/ALFA/b |
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LM'(i/Y)=k/h |
LM'(i/Y)=k/h |
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DT'(W/N)=-f*p/(1+cssf) |
DT'(W/N)=-f*p/(1+cssf) |
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ST'(W/N)=g*Pe/(1-cssw-tw) |
ST'(W/N)=g*P/(1-cssw-tw) |
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S-I=DP |
S-I=DP |
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M/P=k*Y-h*i |
M/P=k*Y-h*i |
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Pe=P+varpe |
Pe=P+varpe |
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z=1+cssf |
z=1+cssf |
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x=1-cssw-tw |
x=1-cssw-tw |
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b=bi+bc |
b=bi+bc |
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valor de P, siendo |
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alfa*P^2+beta*P+gamma=0 |
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alfa=x*Dº*a-x*f*Mf*A |
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beta=-x*f*Mm*M-Pe*z*(g*Mf*A-Sº*a) |
Restricciones del modelo: |
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gamma=-Pe*z*g*Mm*M |
Oferta Monetaria
exógena |
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Sin Efecto Riqueza |
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Ecuaciones lineales |
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| Ecuaciones
del Modelo |
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Mercado de bienes |
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Equilibrios |
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Resumen |
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C=Cº+c(Y-T+TR)-bc*i |
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I=Iº+jY-bi*i |
==> |
Y=C+I+G |
Demanda agregada |
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G=Gº, TR=TRº |
=======> |
Y=Mf*A+Mm*M/P |
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T=Tº+t*Y |
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Mercado de trabajo |
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Mercado de dinero |
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Oferta agregada |
Y=a*N |
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M=Hº(1+e)/(e+r) |
==> |
M/P=k*Y-h*i |
Y=a*(Dº*x-Sº*z)/(g*z+f*x) |
<==== |
W(1+cssf)/P=Dº-f*N |
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L=kY-hi |
W(1-cssw-tw)/Pe=Sº+g*N |
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