El objetivo de esta investigación consiste en explorar y cuantificar en qué medida la calidad de la educación superior contribuye como desencadenante del subempleo profesional en el Perú. Bajo esta condición, cuatro de cada diez profesionales universitarios al 2012 se encuentran...

Literature provides evidence on the positive connection between cognitive test scores and higher wages. Fewer and newer papers have explored the correlation between socioemotional test scores and wages. However, attention is focused on developed countries. Test scores suffer two limitations....

This paper presents a Continuous-Time Hidden Markov Model (CT-HMM) of debt issuers' credit quality dynamics. We observe ratings published by several agencies (e.g., Standard & Poor's, Moody's, Fitch) for one or several issuers (e.g., countries) and assume that we can find a maximum-likelihood...

This paper presents a Continuous-Time Hidden Markov Model (CT-HMM) of debt issuers' credit quality dynamics. We observe ratings published by several agencies (e.g., Standard & Poor's, Moody's, Fitch) for one or several issuers (e.g., countries) and assume that we can find a maximum-likelihood...

The Livret de Développement Durable et Solidaire (LDDS) and the Livret A are French regulated savings products. The financial institutions that offer them must remunerate savers at a rate set by a formula. In return, the savings deposits are invested, generally in fixed-rate loans, the rate of...

While investors and lenders rely on one or more external credit rating agency (e.g., EthiFinance, Standard & Poor's, Moody's, Fitch) to directly assess their obligors' credit quality, or simply to benchmark their own estimates, part of their portfolio might not be covered by these credit...