The commodity prices have boosted in the last years and many possible causes have been mentioned (dollar weakness, China's economic growth, oil prices, speculative bubble, agriculture productivity declining). Despite the recent crisis, some developing countries have presented a good performance...

Routinely, practictioners and academics alike propose the use of trading strategies with an alleged improvement on the risk-return relation, tipically entailing a considerably higher return for the given level of risk. A very popular example is "A quantitative approach to tactical asset...

The purpose of the article is to study the difference between the informational efficiency levels between the emerging and developed markets. We applied the symbolic time series analysis approach and the Shannon entropy in order to measure and rank the informational efficiency of 20 stock...

Theoretical and empirical literature have focused on supply factors when studying economic growth determinants. The present work analyzes demand factors as determinants of the Bolivian economic growth between 1953-2002 using framework introduced by Thirlwall (1979). According to cointegration...

Many investors usually believe that real estate is a reliable investment. However, as it is not risk-free and the recent US housing bubble has shown the devastating effects of a crisis in this sector. Even more, Shiller (1989) highlights that this is not an efficient market since there are clear...