manufacturing affiliates of U.S. multinationals in Argentina, Brazil, and Mexico. The results of these tests show that the …

In this paper, we consider whether long-term inflation expectations have become better anchored in Brazil, Chile, and … first to examine the evidence from Brazil and Mexico, making use of the fact that markets for longterm government debt have …, consumer prices, or real activity variables. Finally, long-run inflation expectations in Brazil appear to have been less well …

portfolio size and degree of risk aversion of potential investors, the ability to borrow, and the hedging opportunities provided …

"correlation breakdown." As a result, risk managers worry that their hedges will be useless when they are most needed, namely …. We make this point analytically, by way of several numerical examples, and via an empirical illustration. ; But, risk …

Risk management information systems are designed to overcome the problem of aggregating data across diverse trading … units. The design of an information system depends on the risk measurement methodology that a firm chooses. Inherent in the … design of both a risk management information system and a risk measurement methodology is a tradeoff between the accuracy of …

as the basis for estimates of the appropriate absolute level of economic capital allocations for portfolio credit risk …

Financial dealer firms have invested heavily in recent years to develop information systems for risk measurement. I … firms to assemble risk information. I look beyond questions of risk measurement methodology to investigate the implications … of risk management information systems. By examining several theoretical models of the firm in the presence of asymmetric …