Andrés Velasco
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View article: Towards a London Economic Consensus: an introduction
Towards a London Economic Consensus: an introduction Open
View article: Fiscal policy and public debt
Fiscal policy and public debt Open
The original Washington Consensus fiscal policy principles involved fiscal discipline, public spending on physical and human capital, and broad tax bases with low tax rates. While these principles remain sound, in this paper we add two new…
View article: Descarte de antimicrobianos na atenção primária à saúde nos distritos e ilhas da metrópole da Amazônia
Descarte de antimicrobianos na atenção primária à saúde nos distritos e ilhas da metrópole da Amazônia Open
Introdução: A atenção primária à saúde (APS), como porta de entrada do Sistema Único de Saúde (SUS), exerce papel essencial na promoção da saúde e no uso racional de medicamentos. Entre os desafios enfrentados nesse nível de atenção, desta…
View article: A Inteligência Artificial na saúde: os Chatbots e suas aplicações na educação e pesquisa científica médicas
A Inteligência Artificial na saúde: os Chatbots e suas aplicações na educação e pesquisa científica médicas Open
Introdução: O ChatGPT, desenvolvido pela OpenAI, revolucionou a interação com informações online, sendo seguido por outras plataformas como Gemini e Bing Chat. Na educação médica, os Chatbots têm sido amplamente utilizados como ferramentas…
View article: Intra-day Solar and Power Forecast for Optimization of Intraday Market Participation
Intra-day Solar and Power Forecast for Optimization of Intraday Market Participation Open
The prediction of solar irradiance enhances reliability in photovoltaic (PV) solar plant generation and grid integration. In Colombia, PV plants face penalties if energy production deviates beyond governmental thresholds from intraday mark…
View article: The Populist Playbook: Why Identity Trumps Policy and How Democrats Can Adapt
The Populist Playbook: Why Identity Trumps Policy and How Democrats Can Adapt Open
Despite their poor record in office, populists continue to win elections. Traditional models that assume a narrow definition of self‐interest fail to explain the electoral resilience of populism. Contrary to conventional wisdom, voters typ…
View article: Identity, Civic Capital, and the Narrow Path
Identity, Civic Capital, and the Narrow Path Open
View article: Pandemics, Incentives, and Economic Policy: A Dynamic Model
Pandemics, Incentives, and Economic Policy: A Dynamic Model Open
View article: Institutional Vulnerability, Breakdown of Trust: A Model of Social Unrest in Chile
Institutional Vulnerability, Breakdown of Trust: A Model of Social Unrest in Chile Open
View article: Propuesta metodológica para el cálculo del costo de capital
Propuesta metodológica para el cálculo del costo de capital Open
El objeto de este trabajo es la reformulación del cálculo del costo del capital para las empresas mexicanas mediante el desarrollo de una propuesta metodológica con el fin de identificar los métodos que permitan optimizar la estructura fin…
View article: Introduction: Changing Labour Markets and The Future of Social Protection
Introduction: Changing Labour Markets and The Future of Social Protection Open
View article: The rapid expansion of offshore wind farms challenges the reliability of ICES-coordinated fish surveys—insights from the Baltic Sea
The rapid expansion of offshore wind farms challenges the reliability of ICES-coordinated fish surveys—insights from the Baltic Sea Open
Fish stock assessment and sustainable management requires that the whole distribution area of the managed fish stocks is representatively sampled. Along with an increasing demand for renewable energy in Europe, a growing number of areas ar…
View article: New age of central banking in emerging markets
New age of central banking in emerging markets Open
The book New Age of Central Banking in Emerging Markets offers a comprehensive view of the central bank challenges of our times. It explores the importance of price stability, the most pressing macroeconomic challenge facing central banks …
View article: AMÉRICA LATINA DESPUÉS DE LA PANDEMIA
AMÉRICA LATINA DESPUÉS DE LA PANDEMIA Open
¿Qué aprendimos acerca de las políticas públicas y de la conducción del Estado, durante de esta pandemia? La brecha entre los países que lo hicieron bien y aquellos que lo hicieron mal, se mide en vidas. Este artículo discute el desempeño …
View article: Populism and Identity Politics
Populism and Identity Politics Open
Over one-third of humanity lives under populist regimes – and many of those regimes are turning increasingly authoritarian. It is a worldwide challenge to liberal democracy. The conventional wisdom is that bad economics is to blame: the lo…
View article: Introduction
Introduction Open
LSE Press is a publisher of high quality, open access research in the social sciences. Through rigorous peer-review and the use of innovative digital approaches we promote the widest possible engagement with social science research. Based …
View article: Populism: Origins and Alternative Policy Responses
Populism: Origins and Alternative Policy Responses Open
Populist movements, parties and leaders have gained influence in many countries, disrupting long-established patterns of party competition, impugning the legitimacy of representative institutions and sometimes actively weakening or coarsen…
View article: Joined at the Hip: Monetary and Fiscal Policy in a Liquidity-Dependent World
Joined at the Hip: Monetary and Fiscal Policy in a Liquidity-Dependent World Open
View article: Advanced Macroeconomics: An Easy Guide - Estimating VARs & SVARs
Advanced Macroeconomics: An Easy Guide - Estimating VARs & SVARs Open
Learn how to run VAR and SVAR models in a few easy steps. Programming codes included! This guide was produced to accompany Advanced Macro-Economics: an Easy Guide, available open access from LSE Press. Macroeconomic concepts and theories a…
View article: Advanced Macroeconomics: An Easy Guide
Advanced Macroeconomics: An Easy Guide Open
Macroeconomic policy is one of the most important policy domains, and the tools of macroeconomics are among the most valuable for policy makers. Yet there has been, up to now, a wide gulf between the level at which macroeconomics is taught…
View article: Five macroeconomic lessons COVID-19 has taught us
Five macroeconomic lessons COVID-19 has taught us Open
The pandemic has turned some economic assumptions upside down, says Andrés Velasco.
View article: Second Interim Report of the Baltic International Fish Survey Working Group (WGBIFS)
Second Interim Report of the Baltic International Fish Survey Working Group (WGBIFS) Open
View article: O Desafio da Sustentabilidade Fiscal no Brasil
O Desafio da Sustentabilidade Fiscal no Brasil Open
O Brasil ilustra o ponto que apesar das baixas taxas de juros em todo o mundo, há limites para dívidas e déficits no mundo pós-COVID. A composição da dívida do Brasil em moeda local é um luxo que poucos mercados emergentes desfrutam, mas o…
View article: Pandemics, Incentives, and Economic Policy: A Dynamic Model
Pandemics, Incentives, and Economic Policy: A Dynamic Model Open
The advent of a pandemic is an exogenous shock, but the dynamics of contagion are very much endogenous --and depend on choices that individuals make in response to incentives.In such an episode, economic policy can make a difference not ju…
View article: Credit, Employment, and the COVID Crisis
Credit, Employment, and the COVID Crisis Open
Pandemic-motivated lockdowns can expose firms to a vicious cycle: they cannot borrow enough to keep paying wages and are forced to dismiss workers; the dismissal of workers in turn reduces future productivity, sales, and profits; and those…
View article: Politicians can’t hide behind scientists forever – even in a pandemic
Politicians can’t hide behind scientists forever – even in a pandemic Open
It is dangerous when politicians ignore expert advice. But it is just as dangerous when politicians outsource their judgement to experts, especially if the margin of error is huge and the advice is contested, write Tim Besley and Andrés Ve…
View article: The Macroeconomics of a Pandemic: A Minimalist Model
The Macroeconomics of a Pandemic: A Minimalist Model Open
We build a minimalist model of the macroeconomics of a pandemic, with two essential components.The first is productivity-related: if the virus forces firms to shed labor beyond a certain threshold, productivity suffers.The second component…
View article: Economic Policy Incentives to Preserve Lives and Livelihoods
Economic Policy Incentives to Preserve Lives and Livelihoods Open
The Covid-19 pandemic has motivated a myriad of studies and proposals on how economic policy should respond to this colossal shock.But in this debate it is seldom recognized that the health shock is not entirely exogenous.Its magnitude and…
View article: Populism and Identity Politics
Populism and Identity Politics Open
Over one-third of humanity lives under populist regimes—and many of those regimes are turning increasingly authoritarian. It is a worldwide challenge to liberal democracy. The conventional wisdom is that bad economics is to blame: the lose…
View article: Baltic International Fish Survey Working Group (WGBIFS)
Baltic International Fish Survey Working Group (WGBIFS) Open
The International Council for the Exploration of the Sea (ICES) Baltic International Fish Survey Working Group (WGBIFS) met in the Marine Research Institute, Klaipeda University in Klaipeda, Lithuania, on 25–29 March 2019. A total of 21 pa…