DSpace Repository

Vol. 12, No. 1 (1997)

Vol. 12, No. 1 (1997)

 

Recent Submissions

  • Budnevich, Carlos; Jara, Alejandro (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    The purpose of the paper is to analyze firms decisions about using profits as a financing source. In particular, we are interested in the consequence of changes of tax incentives on that behavior, Following a revision of ...
  • Raineri, Ricardo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    In the present decade the Chilean economy has witnessed a vigorous development in the natural gas industry, with cruel battles among competing corporations that look for the success of their gas pipeline projects. This ...
  • Elbadawi, Ibrahim; Soto, Raimundo (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    This paper examines. in the context of an empirical model. the impact of capital flows. among other fundamentals, on long-term real exchange rates in Chile. The real exchange rate and its fundamentals, which can be ...
  • Hussey, Robert; Quiroz, Jorge (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    Large financial losses associated with transactions in futures markets has become a common story in the news media. This paper studies the economic dynamics associated with the optimal use of these markets, using the case ...
  • Claessens, Stijn (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    This paper presents estimates of capital flight using eight alternative methodologies, with a focus on Latinoamerica. While these methodologies differ in approach, I show that the identities used in balance-of-payments ...
  • Johnson, Christian (ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios; 1997)
    The traditional cash in advance macroeconomic models are characterized by a constant velocity of money, Based on the Lucas and Stokey (1987) model, this paper studies the behavior of velocity and money demand for the U.S., ...