Purpose: Following Ang and Piazzesi’s (2003) study, the authors use an affine term structure model to study the relevance of macroeconomic (domestic and foreign) factors for Peru’s sovereign yield curve in the period from November 2005 to December 2015. The paper aims to discuss this issue....

Purpose: The purpose of this paper is to analyze the effects of corruption on economic growth, human development and natural resources in Latin American and Nordic countries. Design/methodology/approach: Using the hierarchical prior of Gelman et al. (2003), a Bayesian panel Vector...

Purpose – Based on the approach of Timljonavich and Vogelsang, the purpose of this paper is to present empirical evidence of the role of the federal transfers on the ß-convergence process in Canadian provinces. Design/methodology/approach – The paper uses information on annual personal...

Purpose – The purpose of this paper is to use quarterly time series data from Canada and the Canadian provinces to determine if the unemployment rates in the Canadian provinces are converging to the national rate of unemployment. Design/methodology/approach – First, the authors check for...

Purpose – Based on the approach of Timljonavich and Vogelsang, the purpose of this paper is to present empirical evidence of the role of the federal transfers on the β ‐convergence process in Canadian provinces. Design/methodology/approach – The paper uses information on annual personal...