Logo
Munich Personal RePEc Archive

Credibilidad, pérdida social y estancamiento económico: el caso de Puerto Rico

Rodríguez, Carlos A. (2011): Credibilidad, pérdida social y estancamiento económico: el caso de Puerto Rico. Published in: Revista de Ciencias Sociales , Vol. N/A, No. 22 (2011): pp. 1-19.

[thumbnail of MPRA_paper_41277.pdf]
Preview
PDF
MPRA_paper_41277.pdf

Download (224kB) | Preview

Abstract

This work studies the significance of the social costs generated by the dynamic inconsistency of the decisions taken by the politicians in Puerto Rico. The dynamic inconsistency problem arises when the government makes sequential decisions that compromise its future actions. The same one affects the credibility of the governmental decisions and generates social costs. The social loss is analyzed by means of the deviations of the economic activity on its potential level, according to the theoretical model presented.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.