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This paper shows the forecast of the exchange rate between the Colombian peso and the US dollar (hereinafter the dollar … forecast of the exchange rate between the Colombian peso and the US dollar (hereinafter the dollar) from December 2019 to …
Persistent link: https://www.econbiz.de/10014494473
that works well for all situations. It can also be seen that due to the COVID-19 pandemic, the forecast models for that …
Persistent link: https://www.econbiz.de/10014494546
forecast horizon lengthens, multivariate models performance improves. In particular, a monetary VAR performs better than the … not statistically significant. Finally, estimated models are pooled to forecast inflation. Some of the forecast … combinations outperform the best individual forecast over a one-year horizon. Taking into account that a one year-horizon is …
Persistent link: https://www.econbiz.de/10010325105
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This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...
Persistent link: https://www.econbiz.de/10010325080
In this paper we study the presence of calendar anomalies in the main Latin- American stock markets, for the 1993 to 2007 period. The literature has shown that the detection of those effects may depend on error distribution assumptions (Baker et al., 2008), and that their existence could be due...
Persistent link: https://www.econbiz.de/10011538731
SPANISH ABSTRACT: La mayoría de las explicaciones de las alzas y bajas del mercado de valores se basan en la comparación de la lógica “fundamental” subyacente de la economía con los factores exógenos que supuestamente la distorsionan. Este artículo presenta un modelo radicalmente...
Persistent link: https://www.econbiz.de/10011653557
Este trabajo examina la relación entre la presencia de la mujer en los equipos de alta dirección y el éxito de las empresas de alta tecnología en su salida a bolsa. Asimismo, analiza cómo indicadores específicos de capacidad de innovación pueden mediar dicha relación. La investigación...
Persistent link: https://www.econbiz.de/10012115903