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Articles 1 - 30 of 88
Full-Text Articles in Business
Hambrunas Socialistas, Guillermo Arosemena
Edad Y Enseñanza, Guillermo Arosemena
El Estadista Civilizado, Guillermo Arosemena
El Estadista Civilizado, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
Keynes,Hayak Y Marx, Guillermo Arosemena
La Economía Mundial En El 2060, Guillermo Arosemena
La Economía Mundial En El 2060, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
How You Estimate The Yield Curve Matters!, Luiz Paulo Fichtner, Pedro Santa-Clara
How You Estimate The Yield Curve Matters!, Luiz Paulo Fichtner, Pedro Santa-Clara
Luiz Paulo Fichtner
We evaluate a two-factor Cox et al. (1985a,b) model using Euribor zero-coupon yields. We estimate this model using a state-space framework, where we sum a log-likelihood function of the state vector dynamics to a log-likelihood function of cross-section pricing errors. We introduce a likelihood-scaling weight in the joint log-likelihood function and show that there is a tradeoff in how one estimates a yield curve. Giving more weight to the cross-section of pricing errors improves the fitting and forecasting of Euribor yields, while giving more weight to the log-likelihood function of the state vector dynamics improves interest rate derivative pricing at …
Out-Of-Sample Predictability Of Bond Returns, Luiz Paulo Fichtner, Pedro Santa-Clara
Out-Of-Sample Predictability Of Bond Returns, Luiz Paulo Fichtner, Pedro Santa-Clara
Luiz Paulo Fichtner
We test the out-of-sample predictive power for one-year bond excess returns for a vari- ety of models that have been proposed in the literature. We find that these models perform well in sample, but have worse out-of-sample performance than the historical sample mean. We write the one-year excess return on a n-maturity bond at time t + 1 as the difference between n times the n-maturity bond yield at time t, and the sum of n − 1 times the (n − 1)-maturity bond yield at time t + 1 and the one-year bond yield at time t. Instead of …
La Clase Media, Guillermo Arosemena
¿Comienzo Del Fin?, Guillermo Arosemena
¿Tiro De Gracia?, Guillermo Arosemena
Desigualdad E Innovación, Guillermo Arosemena
Desigualdad E Innovación, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
Ser Auténticos, Guillermo Arosemena
Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold
Reserve Currency And A Lender Of Next-To-Last Resort: A Literature Review, Alida S. Skold
Alida S. Skold
The role of the US dollar as the global dominant reserve currency is eroding. Debate is ongoing regarding next steps. Moving the international monetary system to a single global currency is part of the debate. Literature reviews the eroding role of the US dollar and implications the erosion carries for the US. The Special Drawing Rights developed by the IMF could fill the role of Keynes’ recommended global currency known as the “bancor.” Regardless of the nature of the global reserve currency, access to liquidity is required to have an effective international monetary system. Literature defines a missing layer of …
A Critical Examination Of The Relationship Between The Use Of Gatekeepers, Trust, And Organisation Knowledge-Sharing, Deogratias Harorimana Dr
A Critical Examination Of The Relationship Between The Use Of Gatekeepers, Trust, And Organisation Knowledge-Sharing, Deogratias Harorimana Dr
Dr Deogratias Harorimana
This thesis critically examines the relationship between gatekeepers, trust, and an organisation’s knowledge sharing. The research applied mixed methods with the case study approach. In this research the concept ‘gatekeeper’ is widely used to represent a class of those who are part of a knowledge management strategy; they collect information and knowledge and contextualise this before they can share it with the rest of the members of the organisation’s knowledge networks - within the formal and informal organisation. In this study, it was found that there was a strong relationship between the openness of a given firm, as regards its …
The Disciplining Effect Of Concern For Referrals: Evidence From Real Estate Agents, Lan Shi, Christina Tapia
The Disciplining Effect Of Concern For Referrals: Evidence From Real Estate Agents, Lan Shi, Christina Tapia
Lan Shi
No abstract provided.
La Clase Media, Guillermo Arosemena
Rezago Tecnológico, Guillermo Arosemena
Estados Competitivos, Guillermo Arosemena
Guerra De Clases, Guillermo Arosemena
Falta Crecimiento Sostenido En La Economía Ecuatoriana, Guillermo Arosemena
Falta Crecimiento Sostenido En La Economía Ecuatoriana, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
El Bienestar Subjetivo, Guillermo Arosemena
Asunto Assange, Guillermo Arosemena
Ineptocracia, Guillermo Arosemena
Legado De Friedman, Guillermo Arosemena
Choque De Culturas, Guillermo Arosemena
Political Markets And Regulatory Uncertainty: Insights And Implications For Integrated Strategy, Alisson Kingsley, Rick Vanden Bergh, Jean-Philippe Bonardi
Political Markets And Regulatory Uncertainty: Insights And Implications For Integrated Strategy, Alisson Kingsley, Rick Vanden Bergh, Jean-Philippe Bonardi
Jean-Philippe Bonardi
Managers can craft effective integrated strategy by properly assessing regulatory uncertainty. Leveraging the existing political markets literature, we predict regulatory uncertainty from the novel interaction of demand and supply side rivalries across a range of political markets. We argue for two primary drivers of regulatory uncertainty: ideology-motivated interests opposed to the firm and a lack of competition for power among political actors supplying public policy. We align three, previously disparate dimensions of nonmarket strategy – profile level, coalition breadth, and pivotal target – to levels of regulatory uncertainty. Through this framework, we demonstrate how and when firms employ different nonmarket …
El Banco Central De Ecuador Y El Desarrollo Económico De Guayaquil Y Resto Del País Desde 1927, Guillermo Arosemena
El Banco Central De Ecuador Y El Desarrollo Económico De Guayaquil Y Resto Del País Desde 1927, Guillermo Arosemena
Guillermo Arosemena
No abstract provided.
Soberanía A La Carta, Guillermo Arosemena
Incongruencia, Guillermo Arosemena
Buscar La Excelencia, Guillermo Arosemena