Este artículo estudia el efecto de los componentes de corto y de largo plazos de la compensación gerencial en la relación entre la remuneración de los ejecutivos y el desempeño de la empresa. Propone un modelo dinámico de agencia con acumulación de capital para representar el proceso de...

The frequency of financial crises over recent decades makes an in-depth study of the phenomenon imperative. This should involve particular attention to those points the different crises have in common, so as to draw lessons that can be used by financial authorities, regulators and the actual...

Many analysts argue that the substantial growth in agri-food trade between Mexico and the United States can be attributed to changes in exchange rate, exchange rate volatility and NAFTA. This paper quantifies the effects of the changes in Mexico-United States real exchange rate, its volatility...