This article studies how electoral processes and internal factors of the Ecuadorian economy affect the dynamics of the country's business expectations. The hypothesis that the free market and socialist political models in an economy generate different reactions in the expectations of the agents,...

Este documento presenta una aplicacion del metodo de Bell y Hillmer, basado en funciones de transferencia, para modelar las consecuencias de variaciones en los dias comerciales por mes, la influencia de la Semana Santa, y el empleo del analisis de observaciones atipicas, para detectar efectos...

Persistence of stock returns is an extensively studied and discussed theme in the analysis of financial markets. Antipersistence is usually attributed to volatilities. However, not only volatilities but also stock returns can exhibit antipersistence. Antipersistent noise has a somewhat rougher...