Spanish Abstract: Este artículo analiza diversas metodologías para la modelación de la volatilidad de la tasa de interés a corto plazo. Específicamente se analizarán los resultados que se obtienen a través de la especificación CKLS, Heterocedasticidad Condicionada y Mixta. Los hechos...

The purpose of this study is to evaluate the determinants of technical efficiency of wheat small farmers in Bío Bío Region, especially to investigate the relation between social capital, measured through participation in organizations, and technical efficiency. Using information of the VII...

This paper it proposes a new indicator of the investment

This research examines the effects of private schools on public school’s quality. A premise of private school initiatives has been that these schools have direct benefits for students attending these schools and indirect benefits for other students by creating competition for public schools to...

This paper develops a methodology based on hedonic pricing models to calculate price indexes for new houses in the Santiago province. The primary source of information are the monthly real estate sales records of the Chilean Chamber of Construction associate companies -from January 1994 to July...

Schwarz. In this paper I evaluate the predictive ability of the Akaike and Schwarz information criteria using autoregressive integrated moving average models, with sectoral data of Chilean GDP. In terms of root mean square error, and after the estimation of more than a million models, the...

This article analyzes the presence of a price bubble in the new house market for the Greater Santiago. For the above use di®erent methodologies on the Real Housing Prices Index (IRPV) prepared by CEC-CChC, all of which reject the presence of a housing bubble in the concerned market.