Matrices, their products, linear systems, and the underlying geometric ideas are presented in an intuitive and practical way for economics students and other students of the social sciences. Python Jupyter notebooks are used to present examples that enforce the geometric ideas.

Conventional theory leads to expect bonds to be a financing vehicle for large firms because of economies of scale and contracting costs. We find both in our econometric evidence for firms quoted on Latin American stock exchanges, and in our survey results for Argentina, that size of assets is a...

This document describes the construction of a database of corporate bonds issued by firms in Argentina between 1989 and 2005. The database draws on two main sources, the Bolsa de Comercio de Buenos Aires and the Comisión Nacional de Valores, while some additional information comes from the...

We describe the evolution of three types of corporate securities in Argentina, namely, corporate bonds, asset-backed securities and deferred checks. Corporate bonds (obligaciones negociables) were legally authorized in 1988, and after a tax reform in 1991 they became an important financing...

Conventional theory leads to expect bonds to be a financing vehicle for large firms because of economies of scale and contracting costs. In this paper we present the results for Argentina of a survey of firms and of investors on the use of corporate bonds. The result of these surveys supports...

Loan and bond finance during 1985-2005 can be divided into three sub-periods. After the 1982 debt crisis, which mainly involved domestic and foreign bank loans to both the corporate and government sectors, there was practically no credit. This situation of lack of credit persisted until the...

This paper is the first of a series of works whose aim is trying to provide a framework for the understanding and valuation of debt indexed to real (generally non-tradable) variables. In particular, in the present paper we develop a methodology to analytically value the new GDP-linked...

This paper attempts to understand the factors that explain the degree of support or criticism that a reform process may be subject to. Understanding these determinants is critical, in turn, to assess the feasibility and sustainability of those reforms. In particular, we want to assess what are...

Matrices, their products, linear systems, and the underlying geometric ideas are presented in an intuitive and practical way for economics students and other students of the social sciences. Python Jupyter notebooks are used to present examples that enforce the geometric ideas.

We present a game show that we claim can serve as a proxy for the notorious Sleeping Beauty Problem. This problem has divided commentators into two camps, 'halfers' and 'thirders'. In our game show, the potential awakenings of Sleeping Beauty, during which she will be asked about the outcome of...