Spanish Abstract: En el Ecuador al igual que en la mayoría de países de Latinoamérica la concentración del ingreso y la riqueza es un fenómeno recurrente que frecuentemente ha venido acompañado de medidas de política económica orientadas a favorecer a determinados grupos minoritarios que...

La existencia de memoria de largo plazo en las series financieras implica que los retornos de un activo hoy pueden tener incidencia sobre los retornos futuros, incluso más allá del corto plazo. En presencia de dicha memoria el horizonte de inversión elegido puede resultar en diferentes...

La existencia de memoria de largo plazo en las series financieras implica que los retornos de un activo hoy pueden tener incidencia sobre los retornos futuros, incluso más allá del corto plazo. En presencia de dicha memoria el horizonte de inversión elegido puede resultar en diferentes...

English abstract: This paper analyses the main trends in the private sector’s issuance activity in international capital markets during 2021, a year in which, despite positive developments that resulted in volumes above pre-2020 levels, the record 2020 figures were not achieved. Thus, the...

ABSTRACT The Museums since institution has been boarded from diverse disciplines. The Economy, or more indeed the Economy Applied to the Culture has made of the museums objects susceptible to be studied with the instruments of the economic analysis, giving rise to the appearance of a denominated...

In recent years, the literature on group lending has increased considerably, inspired by the successful microfinance experiences in Bangladesh, Bolivia, and other developing countries. A great deal of this literature has emphasized the ability of group lending mechanisms to reduce borrower...

The denomination of the relations of cooperation between companies as Strategic Alliances is the result of more than 20 years of research on this subject. However in XXI century appear new forms in response and adaptation to a turbulent environment. Therefore, the paper presented deals with the...

In the adjudication of several stages of an infrastructure project to develop a public service, when there is only private participation, there are strong incentives to reduce costs over the life of the project, which may affect the quality of service. In this paper, after a model extension to...

This article shows the relationship between market and firms through the theory of transactional cost and the relations that determine the structure and boundaries of the firm. Using the assumptions from the transactional cost approach, this article proposes some variables that determine optimal...

Literature about cooperative agreement shows us the importance of some factors in the success of the cooperative agreements. We will focus on the study of two variables with high social component, such as trust and commitment. Our objective is to evaluate if there are significant differences in...