This paper considers financial, operational, solvency, and performance ratios, in order to detect when there were balance sheets’ variations related to the 1994 Mexican currency crisis. Quarterly results for 88 non-financial Mexican companies that survived the crisis are used, and tests for...

Este artículo considera proporciones (ratios) financieras, operativas, de solvencia y desempeño para detectar cuándo hay variaciones en los estados financieros de las empresas mexicanas, a raíz de la crisis cambiaria de 1994, con datos trimestrales de 88 empresas mexicanas no financieras que...

In a standard dynamic stochastic general equilibrium framework, with sticky prices, the cross sectional distribution of output and inflation across a population of firms is studied. The only form of heterogeneity is confined to the probability that the ith changes its prices in response to a...