Showing 1 - 10 of 24
De acuerdo a la literatura el precio de un activo (financiero o real) experimenta una burbuja si su precio de mercado se encuentra desajustado de manera persistente en el tiempo con respecto a su valor intrínseco o fundamental. En un contexto de racionalidad y eficiencia es difícil aceptar la...
Persistent link: https://www.econbiz.de/10010323175
This paper presents an analysis of the implications it has on standard growth models assume an alternative hypothesis to the exponential growth of the population and how modeling time can alter the dynamic behavior of these models. An extension (in continuous time and discrete time) of the...
Persistent link: https://www.econbiz.de/10014494511
Persistent link: https://www.econbiz.de/10011417931
A tool that has been widely used to identify the state of financial conditions in a country are the financial conditions indexes, since they synthesize information from different variables in a single indicator allowing to identify the general behavior of financial conditions in a timely and...
Persistent link: https://www.econbiz.de/10011445077
In this article, we carry out a study about one of the most disruptive topics in recent times: cryptocurrencies. Whether as a revolution in payment methods, because it is a speculative asset or because of the particularities of the technology on which it is supported, cryptocurrencies are...
Persistent link: https://www.econbiz.de/10014494394
In recent years, some authors have warned of the increasingly widespread use of risk management techniques by financial institutions, arguing that this can cause the market to become more unstable. To analyse these claims, we present a model based on evolutionary game theory of a financial...
Persistent link: https://www.econbiz.de/10014494552
Financial literature and empirical evidence in global markets indicate that those companies that adequately manage their stakeholders, strengthen and disclose their corporate governance policies, achieve greater effectiveness in their institutional operation. In the context of an emerging...
Persistent link: https://www.econbiz.de/10014494558
The aim of this paper is to examine the impact of financial development on economic growth. The contribution of both capital and credit market movements on the dynamics of Mexico's gross domestic product (GDP) over the period 1996-2017 is empirically tested using an Autoregressive Distributive...
Persistent link: https://www.econbiz.de/10012217604
The low liquidity showed in the evolution of Alternative Markets for expanding firms has caused a great concern among practitioners. The debate arises: Is it this lack of liquidity a market maturity matter? Would liquidity arise itself with more companies going public and more investors trading?...
Persistent link: https://www.econbiz.de/10011536948
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