El presente trabajo tiene como objetivo investigar las diferentes alternativas que se ofrecen en el mercado de los denominados “fideicomisos inmobiliarios”1 para desarrollar un estudio detallado que permita identificar y evaluar como se está aplicando, y determinar el impacto que tuvo el...

This research paper brings forward a non-standard convertible zero-coupon bond endowed with a set of distinctive features attached to it so as to strengthen the corporate governance of the issuer, namely that conversion actually takes place at maturity date only; that conversion is mandatory; it...

In Hume’s epistemology, induction leads to discovery in matters of fact. However, because of the poor data Hume analyzes the balance of trade with a thought experiment, doing what Mill makes explicit afterwards: reason from assumptions, to reach conclusions which are true in the abstract....

The objective of this paper is to present a comprehensive framework of relationships among corporate brand image (CBI), satisfaction, and loyalty. Three hypotheses are proposed and tested in this study: (1) Corporate brand image is antecedent to customer satisfaction, (2) The relationship...

This paper tries to quantify economically the importance of five phonetic haracteristics (seseo, yeismo, /s/-aspiration, rehilamiento, and /x/-aspiration) whose presence or absence allows to distinguish among ten regional varieties of Spanish. To do that we perform an analysis of the extension...

Empirical evidence shows that entrepreneurs hold a large fraction of wealth, have higher saving rates than workers, and face substantial uninsurable entrepreneurial and investment risks. This paper constructs a heterogeneous-agent general equilibrium model with uninsurable entrepreneurial risk...

We develop a knowledge-based growth model to address the issues of directed technological change, wage inequality and economic growth, in which skilled workers are used both in innovation and production. Since skill-biased technological change may lead to a decrease in the average productivity...