Showing 1 - 10 of 521
Spanish Abstract: Este artículo se enfoca en el análisis de los modelos de predicción de los rendimientos financieros. En particular se estudian el modelo CAPM, el modelo Reward Beta y el modelo de tres factores de Fama y French. El objetivo es poder determinar mediante este análisis qué...
Persistent link: https://www.econbiz.de/10012904974
The exchange markets and the exchange rates of Asia and Latin America are studied econometrically. Endogenous structural change and cointegration analyzes and impulse-response functions are used. The findings indicate that: 1) the long-term timing of the exchange markets is low; 2) there is no...
Persistent link: https://www.econbiz.de/10011995022
We construct inflation pressure indicators based on the long-run relationship that exists between monetary aggregates and prices, once it is adequately adjusted to account for the scale of transactions, as well as the opportunity cost of holding money. To that end, an extensive long-run...
Persistent link: https://www.econbiz.de/10011445082
This paper presents an econometric analysis of the demand for the monetary aggregate M1 in Mexico. Using cointegration techniques, we identify both a stable long-run relationship between M1 and its determinants, and a statistically sound single-equation error-correction model. Results are used...
Persistent link: https://www.econbiz.de/10011445093
This paper analyzes the exchange rate pass through to consumer prices in Mexico using different methodologies. First, we estimate Vector Autoregressive Models (VAR). Subsequently, we estimate Autoregressive Distributed Lags Models (ARDL) in order to make a long run analysis. In particular, we...
Persistent link: https://www.econbiz.de/10012616382
We construct inflation pressure indicators based on the long-run relationship that exists between monetary aggregates and prices, once it is adequately adjusted to account for the scale of transactions, as well as the opportunity cost of holding money. To that end, an extensive long-run...
Persistent link: https://www.econbiz.de/10011294297
This paper presents an econometric analysis of the demand for the monetary aggregate M1 in Mexico. Using cointegration techniques, we identify both a stable long-run relationship between M1 and its determinants, and a statistically sound single-equation error-correction model. Results are used...
Persistent link: https://www.econbiz.de/10011294298
Spanish Abstract: En el presente trabajo se realiza un análisis empírico de la existencia de Ciclos Políticos Económicos (CPE) en el producto, los precios, el impuesto al valor agregado y el impuesto a la renta de Ecuador en el período 1993-2010. Para ello, se emplea modelos autorregresivos...
Persistent link: https://www.econbiz.de/10013036582
This paper analyzes the exchange rate pass through to consumer prices in Mexico using different methodologies. First, we estimate Vector Autoregressive Models (VAR). Subsequently, we estimate Autoregressive Distributed Lags Models (ARDL) in order to make a long run analysis. In particular, we...
Persistent link: https://www.econbiz.de/10012166342
The exchange markets and the exchange rates of Asia and Latin America are studied econometrically. Endogenous structural change and cointegration analyzes and impulse-response functions are used. The findings indicate that: 1) the long-term timing of the exchange markets is low; 2) there is no...
Persistent link: https://www.econbiz.de/10011870778