This document tries to show how the capital asset pricing model based on the consumption theory under uncertainty could reproduce the statistical moments of Chilean interest rates. In order to reach this objective a model like the one proposed by Lucas (1980) is simulated and the parameters of...

This paper analyzes the cyclical behavior of production and unemployment at regional level, using Chilean quarterly data which spans between 1986:Q1 and 2005:Q4. Once the data set is characterized, it proceeds to modeling the cyclical performance of regional unemployment using auto regressive...

In this paper the ability of the Economic Perception Index, IPECO, to predict aggregate consumption and other macroeconomic variables is studied. The accuracy of the predictions is improved when IPECO is used as predictor of consumption, in comparison with the predictions of an autoregressive...

El objetivo de este estudio, fue realizar una evaluación respecto al cumplimiento de la meta de reciclaje acordada por el Ecuador en el marco del Plan Nacional de Desarrollo del Ecuador (2017-2021), y alineada con el Objetivo de Desarrollo Sostenible 12 de la Agenda 2030. Sobre la base de los...

The welfare and social peace are the most important concepts when making policy decisions and investment spending of public resources. Currently both welfare and social peace are compromised by the lack of productive capital and excess of speculative capital, the imbalance between suffering...

The welfare and social peace are the most important concepts when making policy decisions and investment spending of public resources. Currently both welfare and social peace are compromised by the lack of productive capital and excess of speculative capital, the imbalance between suffering...

The informal economy is a phenomenon that affects most of the countries of the world, mainly tax collection potential, the generation of formal employment, productivity and business efficiency. In order to elaborate an inclusive method of the most significant current contributions, an...

A la luz de la historia comprendida en el periodo 1954-2002, que abarca episodios de creciente volatilidad en el producto para Colombia, el objetivo del trabajo es hallar empíricamente a partir de la información macroeconómica disponible y en el contexto de las diversas teorías, que...

This paper develops an econometric model of private investment for Mexico to perform forecasts on this variable.

En este documento se hace una evaluación tanto de las fortalezas de la economía colombiana que contribuirían a la sostenibilidad actual del crecimiento, como de los factores de riesgo y vulnerabilidades que podrían afectarlo negativamente. Con este propósito se compara el desempeño...