En este artículo se analizan los efectos económicos de la actual pandemia Covid-19 desde el punto vista Escuela Austriaca Economía un triple enfoque: 1) teoría del capital y estructura productiva; 2) eficiencia dinámica imposibilidad socialismo; 3) monetaria financiera.
 Palabras clave: Pandemia Covid-19, Economía.
 Clasificación JEL: H12, E14, E2, E3, E4, E5.

This article shows that the “risk premium” shock in Smets and Wouters (2007) can be interpreted as a structural shock to the demand for safe and liquid assets such as short-term US Treasury securities. Several implications of this interpretation are discussed. JEL Classification Numbers: E00, E1, E3, E4, E5, G1

The interaction of water with polymers is important because it directly or indirectly affects various properties such as rheological and transport properties. In this study, the hydration/dissolution of a hydrophilic polymer was investigated by calorimetric techniques. Hydroxypropyl methylcellulose E5 (Methocel, HPMC E5) was used as the model polymer. A water-insoluble, hydrophobic polymer, eth...

2014 n-type germanium has been irradiated with electrons of various energies in the range 0.5 to 3 MeV. Using transient capacitance measurements we observed four majority carrier traps associated with levels at 0.27 eV (E1), 0.39 eV (E2), 0.35 eV (E4), 0.32 eV (E5) below the conduction band. We have studied the variations of the introduction rates of these traps with the energy of irradiation. ...

In monetary models in which agents are subject to trading shocks there is typically an ex-post inefficiency in that some agents are holding idle balances while others are cash constrained. This inefficiency creates a role for financial intermediaries, such as banks, who accept nominal deposits and make nominal loans. We show that in general financial intermediation improves the allocation and t...

We analyze optimal monetary policy in a sticky price model where the central bank supplies money outright via asset purchases and lends money temporarily against collateral. The terms of central bank lending a¤ect rationing of money and impact on macroeconomic aggregates. The central bank can set the policy rate and its in‡ation target in a way that implements the …rst best long-run allocation,...

I study the effects of long-run inflation and income taxation in an economy where households face uninsurable idiosyncratic risks. I construct a tractable competitive search framework that generates dispersion of prices, income and wealth. I analytically characterize the stationary equilibrium and the policy effects on individual choices. Quantitative analysis finds that monetary and fiscal pol...

A segmented markets model of monetary policy is constructed, in which a novel feature is goods market segmentation, and its relationship to conventional asset market segmentation. The implications of the model for the response of prices, interest rates, consumption, labor supply, and output to monetary policy are determined. As well, optimal monetary policy is studied, as are the costs of infla...

We examined the massive early cell death that occurs in the ventral horn of the cervical spinal cord of the chick embryo between embryonic days 4 and 5 (E4 and E5). Studies with immunohistochemical, in situ hybridization, and retrograde-tracing methods revealed that many dying cells express Islet proteins and Lim-3 mRNA (motoneuron markers) and send their axons to the somatic region of the embr...