Showing 1 - 10 of 241
Los mercados de contratos futuros tienen como fortaleza la eliminación del riesgo de contraparte, para esto es importante el nivel de garantías que las cámaras de riesgo exigen a los participantes del mercado -- Estas garantías deben cubrir las variaciones extremas del precio del producto,...
Persistent link: https://www.econbiz.de/10011123736
En este trabajo se analiza el efecto que tienen las restricciones de VaR sobre la selecci on de la cantidad de contratos forward en un mercado el ectrico y el momento en que se debe realizar la operaci on de cobertu- ra cuando un agente busca maximizar el valor esperado de su bene cio ajustado...
Persistent link: https://www.econbiz.de/10010762777
Quienes transan electricidad en los mercados liberalizados, estan expuestos a riesgos que requieren un analisis y tratamiento diferente al de otro tipo de commodities. La din amica del precio spot, unida a la necesidad de completar el mercado cubriendo la exposicion al riesgo de volumen, son...
Persistent link: https://www.econbiz.de/10010762807
Si bien la estimaci on o ficial para Colombia de la estructura a t ermino est a dada por el modelo el cual es ampliamente aceptado y usado. El modelo se basa en el ajuste de la curva con datos disponibles hasta t-1 lo que di culta por ende la estimacion futura (en el tiempo t) de la curva cero...
Persistent link: https://www.econbiz.de/10010762821
Desde el seminal artículo de Solow (1957), la productividad ha sido un tema recurrente en la literatura económica. La forma elegante como dicho artículo torna aprehensible un concepto de otra manera difuso, ha alentado numerosas investigaciones y ha propiciado esfuerzos conducentes a hacer...
Persistent link: https://www.econbiz.de/10005466534
This study analyses the effects of innovation on employment in Colombian firms for the man- ufacturing and service sectors in two different periods: 2007-2010 for the manufacturing industry, and 2010-2011 for the service industry. Based on the theoretical framework proposed by Harri- son et...
Persistent link: https://www.econbiz.de/10011096287
Abstract: Homer clearly expressed the economic problem of choosing the best option among several alternatives given a certain set of restrictions. In the Odyssey he specifically wrote about the minimum cost choice. This kind of problem, as is well known, is at the heart of the neoclassical...
Persistent link: https://www.econbiz.de/10011168728
This study analyzes the economic returns to schooling decisions made by high school graduates in Colombia. We wanted to verify if the economic returns (wages) obtained by newly postsecondary education graduates compensate the economic and psychological investment they made in order to get that...
Persistent link: https://www.econbiz.de/10011168729
This paper identifies matches on the male and female professional tennis tours in which one player faces a high payoff from being “on the bubble” of direct entry into one of the lucrative Grand Slam tournaments, while their opposition does not. Analyzing over 378,000 matches provides strong...
Persistent link: https://www.econbiz.de/10011168730
Resumen: The theme of this essay is one of the most important addressed by economists, at least since Adam Smith, and one that will always attract attention. And in our case, that of economists who have witnessed a country and a time whose rates of increase in GDP per capita have gone in about...
Persistent link: https://www.econbiz.de/10011168731