Search
Now showing items 1-3 of 3
The Role of Loan Supply Shocks in Pacific Alliance Countries: A TVP-VAR-SV Approach
(Pontificia Universidad Católica del Peru. Departamento de Economía, 2018-11)
This paper analyzes the e§ect of loan supply shocks on the real economic activity of PaciÖc Alliance
countries. The econometric approach is a Time-Varying Parameter VAR with Stochastic Volatility
(TVP-VAR-SV), which is ...
An Empirical Application of a Random Level Shifts Model with Time-Varying Probability and Mean Reversion to the Volatility of Latin-American Forex Markets Returns
(Pontificia Universidad Católica del Perú. Departamento de Economía, 2016-03)
Following Xu and Perron (2014), this paper uses daily data for six Forex Latin American markets. Four models of the family of the Random Level Shift (RLS) model are estimated: a basic model where probabilities of level ...
Time use in the city and labor productivity: Distribution patterns of work, transportation and leisure
(CENTRUM Publishing, 2015)
The study examines the patterns of time use in Metropolitan Lima, its deciding factors and the reciprocal influence among times, based on the National Time Use Survey. A typology of working hours in the city is identified, ...