The present project is related in the measurement of the risk and the improvement of the processes of monetary species. The main objective is to offer a methodology in the tickets administration because understanding of history is a situation that becomes in an advantage on the opportunities at...

This paper intends to present a methodology that foresees anticipated signal of intervention in the foreign exchange market, related to the levels in the nominal exchange rate volatility observed during the Exchange Rate Flotation Scheme in force between February of 2002 and January of 2003. For...

Inequality is a problem that has been raising over time, generating high economic and social costs. In this sense, the present investigation evaluated the nexus between globalization and inequality for 104 countries classified by their income level using a Econometric study during 1995-2018. For...

This study analyses the Foreign Direct Investment (FDI) effects on the macroeconomic dynamics of Bolivian economy. For this purpose, a Structural Vector Autoregression model (SVAR) is used. The results show the expected signs according to economic theory, which implies a positive effect of...

The purpose of this document is to discuss, from the monetary point of view, the long run effects of a fixed exchange rate regime on prices and interest rates. We develop a partial equilibrium model for the monetary sector of a small open economy in which we link fixed exchange rate to the...

In 2008, the company Airbnb started its activity becoming the most representative tourism accommodation company from the sharing economy. Nowadays, it has more than 6.500.000 registered listings around the world. Previous literature examines hedonic models where Airbnb's prices are explained in...

The valuation of options and to a large extent the financial derivatives market require an optimal estimation of the volatility, since this is precisely the variable that is negotiated. We present then a statistical methodology for the estimation of the volatility parameter for an asset using...

Siguiendo el trabajo de Favero y Rovelli (2003), estimamos un sistema de 3 ecuaciones para diferentes muestras de la economía Peruana con el objetivo de analizar la evolución de los parámetros asociados a las preferencias de la autoridad monetaria y a la estructura de la economía. Los...

En este trabajo se propone un nuevo procedimiento para detectar ra´ıces unitarias basado en m´etodos de subespacios. Nuestra propuesta tiene tres aspectos originales principales. Primero, la misma metodología puede aplicarse a series individuales o a vectores de series temporales. Segundo,...

El presente trabajo estudia un modelo sustentado en los fundamentos de la regla de Taylor para evaluar la previsibilidad de la tasa de cambio nominal de seis divisas latinoamericanas - el peso argentino, el peso chileno, el peso colombiano, el peso mexicano, el peso uruguayo y el real brasileño...