Objective: The purpose of this paper is to analyse the Spanish business sector’s economic exposure to currency risk in Latin America between 2010 and 2016, testing the effectiveness of hedging with derivatives for the reduction of this risk. Methodology: Economic exposure is tested with the...

Purpose: The purpose of this paper is to study the driving forces of both the decision to participate in individual pension plans and the amount of money allocated to such plans. Moreover, this paper evaluates the potential role that income plays, which has not previously been considered in...

Purpose - This paper analyses whether the active management and the fundamentals of the pension fund allow products that beat their peers to be identified in terms of risk-adjusted performance. Design/methodology/approach - The sample is composed of all the pension funds active in the period...

Purpose: The purpose of this paper is to design an algorithm to predict hotel profitability by means of deep learning techniques. Design/methodology/approach: The methodology consists of a multi-layered neural network that includes a lag of profitability as the input. Furthermore, other input...

Purpose: This paper aims to investigate whether individuals’ planning horizon influences their decision to save privately for their retirement. Design/methodology/approach: Focussing on Spain, this empirical research uses the fifth wave of the Survey of Health, Ageing and Retirement in Europe...

Purpose - This paper analyses whether the active management and the fundamentals of the pension fund allow products that beat their peers to be identified in terms of risk-adjusted performance. Design/methodology/approach - The sample is composed of all the pension funds active in the period...