Based upon a standard Crepon, Duguet and Mairesse (1998), CDM, model and data at firms’ level, this paper analyzes the interrelationship between firms’ science, technology and innovation (STI) activities and their labor productivity in Peru for the year 2004. The effects of some constraints...

The literature has shown that the volatility of Stock and Forex rate market returns shows the characteristic of long memory. Another fact that is shown in the literature is that this feature may be spurious and volatility actually consists of a short memory process contaminated with random level...

We present evidence from Peru that The New Keynesian Phillips Curve, Dynamic IS and Taylor Rule derived by GalÌ and Monacelli (2005) are unstable. The results from methodology of Bai and Perron (2003) suggest that the change of the policy rule (January-2006 and May-2009) induces a break in the...

Las contribuciones de este volumen se corresponden con la diversidad y riqueza del trabajo de Javier Iguiñiz: desde las preguntas de la economía clásica hasta el enfoque de las capacidades, pasando por la evaluación del debate entre economistas sobre qué es el desarrollo y qué rol juegan...

Empirical research indicates that the volatility of stock return time series have long memory. However, it has been demonstrated that short memory processes contaminated with random level shifts can often be confused as being long memory. Often this feature is referred to as spurious long...

Actualmente, en la literatura internacional sobre educación existe una tendencia a considerar un enfoque interdisciplinario en el que la Economía de la Educación se apoya en especialidades como la sociología, antropología, psicología, pedagogía, entre otras, con la finalidad de comprender...

This study is one of the …rst to utilize the SV model to model Peruvian …nancial series, as well as estimating and comparing with GARCH models with normal and t-student errors. The analysis in this study corresponds to Perus stock market and exchange rate returns. The importance of this...

El presente estudio aplica, para el Perú, una metodología de descomposición de la desigualdad a través de niveles socioeconómicos, medida por el Índice de Concentración (IC) en el acceso. Esta permite analizar empíricamente aspectos relevantes de acceso a servicios de salud y educación:...