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Revista de Economía Institucional
Print version ISSN 0124-5996
Abstract
RODRIGUEZ, Jorge Armando. Full employment and the legal framework of the macroeconomic policy. Rev.econ.inst. [online]. 2018, vol.20, n.39, pp.187-209. ISSN 0124-5996. https://doi.org/10.18601/01245996.v20n39.08.
The Colombian Constitution of 1991 contains a mandate in favor of full employment. This article examines the place that this mandate occupies in the legal framework of macroeconomic policy, and the implications that derive from it for the purpose of compliance. The examination focuses on the assignment of functions within the State and on the control of the objectives and policy objectives and instruments of the fiscal authorities, in comparison with the mandate of price stability and the powers granted to the monetary authorities.
JEL:
E24, E61, E63.
Keywords : Constitution; level of employment; macroeconomic policy.