The boost of the accommodation type called vacation rentals (tourist apartments and dwellings) experienced worldwide in recent years thanks to the rise of the Internet and P2P networks arouses interest in the analysis of these new stay formulas. The aim of this research is the elaboration of an...

We search for evidence against the hypothesis of a non-linear relationship between inflation and growth rates for 1993-2012 Peruvian data. A family of dichotomous models provide the way to model the relationship between the those two variables' cycles. Given the acceleration/de-acceleration...

This paper develops a continuous-time random model of loss index triggers for cat bonds on the basis of the loss amount incurred until their maturity. Assuming that total loss amount due to a catastrophe is defined as the sum of the incurred loss amount plus the incurred-but-not-yet reported...

In order to analyses the propagation effect, which is of great importance in the analysis of dynamic relationships in studies of Economic Development, here we present a classification of dynamic models, having into account several situations retarding this important effect, including not only...

This paper presents an analysis and classification causality relationships in Econometrics, with particular focus on economic development, having into account the changes in direction of causality, in disequilibrium models, and other views from demand and supply sides. We analyze the evolution...

En este documento estimamos el grado de transmisión de corto y largo plazo sobre la inflación de los bienes importados de un choque a la tasa de devaluación nominal en presencia de asimetrías. Utilizamos una ecuación estándar de pass-through para modelos con competencia imperfecta, datos...

En este documento estimamos el grado de transmisión de corto y largo plazo sobre lainflación de los bienes importados de un choque a la tasa de devaluación nominal enpresencia de asimetrías. Utilizamos una ecuación estándar de pass-through para modeloscon competencia imperfecta, datos...

En este documento se presenta la descripción y los resultados de la estimación de la estructura a plazos de las tasas de interés en Colombia utilizando el método de funciones B-spline cúbicas. Adicionalmente, se llevan a cabo comparaciones entre los resultados obtenidos a través de esta...

Este artículo toma como base la información de la tasa de desempleo de Bogotá en el periodo 1984-2000 para analizar la estacionariedad de la serie utilizando los test de Dickey Fuller Aumentado (ADF) y el de Zivot-Andrews (ZA). Se expone cómo en presencia de cambio estructural el test...

In this paper it is illustrated, in a practical way, the use of three tools that permit the actuary to define tariff groups and to estimate risk premiums in the class-rating process for non-life insurance. The first is the segmentation analysis (CHAID and XAID) used firstly at 1997 by UNESPA in...