Departamentos

URI permanente para esta comunidadhttp://54.81.141.168/handle/123456789/124122

En esta comunidad encontramos libros, fotografías, cuadernos de trabajo, y otros documentos generados en los distintas Departamentos Académicos de la universidad. Entre otros podemos encontrar la colección de revistas históricas deportivas del Perú (Ciencias Sociales), el Archivo Digital de Lenguas Peruanas (humanidades) las Guías del Grupo de Investigación en Adquisición del Lenguaje (GRIAL), libros de la Red Internacional de Estudios Interculturales (RIDEI); la colección Voces Peruanas del Vaticano II (Teología) y diversos libros, entrevistas y conferencias de interes en otro departamentos

Explorar

Filtros

20191

Ajustes

Autorsearch.filters.applied.operator.equals: search.filters.author.Boca, AlexanderTemasearch.filters.applied.operator.equals: search.filters.subject.Peru

Resultados de búsqueda

Mostrando 1 - 1 de 1
  • Miniatura
    ÍtemAcceso Abierto
    Presidential Approval in Peru: An Empirical Analysis Using a Fractionally Cointegrated VAR
    (Pontificia Universidad Católica del Perú. Departamento de Economía, 2019-12) Boca, Alexander; Rodríguez, Gabriel
    Presidential approval in Peru depends on economic outcomes. However, voters are unable to distinguish between outcomes resulting from economic policies and those caused by exogenous shocks. Estimation results from seven Fractional Cointegrated VAR (FCVAR) models suggest that presidential approval increases with the monetary policy interest rate, the terms of trade, and manufacturing employment; and decreases with the nominal PEN/USD exchange rate and ináation volatility. Additionally, a Principal Components Analysis (PCA) conducted over a large set of macroeconomic indicators points to a greater ináuence of external over domestic factors in explaining presidential approval; i.e., economic outcomes that determine the dynamics of presidential approval are not under presidential control in Peru. It can be argued that these Öndings identify a signiÖcant source of political instability and a considerable challenge to democratic governance. To the authorsíbest knowledge, this is the Örst application of fractional cointegration analysis to political economy in Latin America