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This paper analyses the NAIRU making use of a cointegrated VAR and of Italian labour market data. We show that a cointegrated VAR represents a statistically adequate (using Aris Spanos's terminology) approach to the estimation of the NAIRU. This is an effective way to overcome several problems...
Persistent link: https://www.econbiz.de/10005062554
An overview of modeling and forecasting methodologies for price trends and other macroeconomic variables in Latin America is provided. Five approaches are reviewed within the time series and econometric traditions from which they are selected. Each method is reviewed within the context of data...
Persistent link: https://www.econbiz.de/10005118751
This paper addresses the recent Mexico experience in the opening to competition in networks infrastructure mainly in …
Persistent link: https://www.econbiz.de/10005076639
Resumen El presente estudio se centra en analizar los factores que provocan el éxodo de capital en México, entre los … interés entre México y Estados Unidos y el diferencial en las tasas de inflación México-Estados Unidos. De igual forma, se … México. Asimismo, se plantean los modelos más comunes para la estimación de la fuga de capital aplicados a México. Abstract …
Persistent link: https://www.econbiz.de/10005125516
Mexican peso. Sample data are from El Paso, Texas and Ciudad Juarez, Mexico. A battery of statistical tests indicate that the …
Persistent link: https://www.econbiz.de/10005125523
A theoretical model of inflationary dynamics is developed for Mexico. Estimation is carried out using ARIMA transfer … model satisfy standard statistical criteria. Results indicate that prices in Mexico respond relatively quickly to money …
Persistent link: https://www.econbiz.de/10005126161
A monetary inflation model is augmented to include import prices and wages in a theoretically plausible manner. Empirical analysis is carried out using annual data for the 1970-1997 period. Parameter estimation is completed using a nonlinear ARMAX procedure. In addition to estimating different...
Persistent link: https://www.econbiz.de/10005126245
In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...
Persistent link: https://www.econbiz.de/10005126447
convergencia regional en México y aborda los fundamentos teóricos y empíricos en el cual las instituciones juegan un papel … importante en el proceso de integración regional en México y en especial en la frontera norte. Finalmente, se realiza un análisis … empírico de la convergencia regional de largo plazo para los estados de México, introduciendo una variable de corrupción dentro …
Persistent link: https://www.econbiz.de/10005062522
Economic growth continues to be a major objective of state governments in Mexico. What role do firm location, openness … importantes para los gobiernos estatales en México. ¿Cuál es el papel de la localización de las empresas, la apertura, la … examina la competitividad de los estados en México mediante el uso de índices de localización. El estudio trata de cerrar la …
Persistent link: https://www.econbiz.de/10005407843