Vol. 13, No. 2 (1998)

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Reputación Antiinflacionaria y Compromiso Cambiario: La Peseta en el SME

Esteve, Vicente; Sapena, Juan; Tamarit, Cecilio R. (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1998)

In this paper, we analyze the evolution of the counterinflation reputation implied by joining the exchange rate mechanism of the European Monetary System. We apply a Backus and Driffill (1985a, b) type model where maintaining ...
Evaluación Comparada de Modelos de Valoración de Activos: El Caso Del Premio Accionario En Chile

Opazo, Luis A. (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1998)

The purpose of this paper is to evaluate the following asset pricing models: i) time separable constant relative risk aversion (TS-CRRA); ii) generalized expected utility; iii) cash-in advance; and iv) discrete-state ...
Una Aplicación de la Teoría de Two-sided Matching al Proceso de Admisión a las Universidades en Chile

Roldán, Flavia (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1998)

This paper analyzes the National System of Admissions as the mechanism employed in Chile to match universities and students. This process has three stages. The first one allows matching which are individually rational. The ...
Money Demand and Seigniorage-maximizing Inflation in Latin America: Approximation, Learning, and Estimation with Neural Networks

McNelis, Paul D. (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1998)

This paper examines money demand and the seigniorage-maximizing inflation rates in Chile, Colombia, Mexico, and Peru with error-correction models (ECM) and artificial neural network (ANN) methods. The purpose is to approximate ...
Health Care Services Utilization and Health Insurance Coverage: Evidence from Argentina

Bertranou, Fabio (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1998)

This study is the first comprehensive analysis of the relationship between health care services utilization and health insurance coverage for Argentina. Using data from a 1989 household survey, a two equation model is ...

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