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The main objective in this paper is to obtain reliable long-term and short-term elasticities estimates of the beef … should be taken into account, since expenditure on a particular good is sequential. In the case of beef demand in Colombia, a … Correction version of the model; therefore, Monte Carlo simulation exercises are performed to analyse the impact on beef demand …
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There is abundant empirical evidence showing that asymmetric price adjustments exist in a wide variety of markets. Prices tend to grow faster when costs rise relative to the rate at which prices drop when costs fall. The objective of this paper is to empirically test whether asymmetric price...
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This PhD dissertation consists of six chapters related to applications of network analysis’ methods for financial stability. The first chapter introduces the network perspective as a new mapping technique for studying and understanding financial markets’ architecture. The second chapter...
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