Mediante la aplicación del análisis discriminante se analizan los hábitos de uso y consumo de las más representativas tecnologías de información de los universitarios de Tijuana. Se encuentra que la penetración y el gasto en tecnologías de información y comunicación (TIC) dependen del...

This paper examines the effect of bubble-bursting policy in the case where the central bank sometimes tries to deflate an asset which is not, in fact, overpriced. We consider the case of a “semi-bubble,” where some traders know that an asset is overpriced, but others do not. Unlike most...

This paper studies the strategic interaction between a bank whose deposits are randomly withdrawn and a lender of last resort (LLR) that bases its decision on supervisory information on the quality of the bank’s assets. The bank is subject to a capital requirement and chooses the liquidity...

This paper extends MURPHY's (1991) analysis of alternative lending arrangements. We incorporate the capital accumulation into the two sector model and departure from traditional model of this kind by making two assumptions. One of them is to postulate rigid wage and unemployment, and the another...

This paper focuses on the impact of technology, structural change on the aggregate productivity growth in manufacturing sector of South Korea, using the eight firm size classes over the period 1970-2000. The conventional shift-share analysis is used to measure the impact of shift of both labor...

While high interest rates and foreign exchange sales are the most common way of dealing with a speculative attack in the foreign exchange market, several countries resorted to capital controls during recent periods of currency market turbulence. The purpose of this study is to use daily...

Discounted Cash Flow techniques are the generally accepted methods for valuing firms. Such methods do not provide explicit acknowledgment of the value determinants and overlook their interrelations. This paper proposes a different method of firm valuation based on fuzzy logic and expert systems....

En este artículo se describe de manera sucinta cual ha sido la evolución en la competencia de los principales servicios de telecomunicaciones en México desde el inicio de su proceso de liberalización a la fecha, tomando como referencia algunos indicadores del sector (tarifas, cuotas de...

The mammoth system of higher education in India, which is almost wholly government supported, is in deep financial strain, with increasing needs, escalating costs and shrinking budgetary resources. Of late, it is thought necessary to devise means to self-finance these institutions of higher...

Abstract Non-cooperative game theoretical models of self-enforcing international environmental agreements (IEAs) that employ the cartel stability concept of d'Aspremont et al. (1983) frequently use the assumption that countries can sign a single agreement only. We modify the assumption by...