Browsing Vol. 03, Issue 01 by Title
Now showing items 1-7 of 7
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Benchmarking Malaysia in the Global Information Society: Regressing or Progressing?
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)The purpose of this paper is to elucidate how the Dalenius-Hodges stratification methodology typically used in sampling, when combined with ranking and index standardization procedures, becomes a powerful policy tool for ... -
The Effect of Health Insurance on Health Care Utilization: Evidence from The Medical Expenditure Panel Survey 2000-2005
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)This paper exploits the fact that insurance eligibility in the United States changes abruptly at age 65 due to universal coverage provided by Medicare. In that way, we adopt a regression discontinuity design to analyze the ... -
Firms’ Financing, Contract Enforcement, and Liability Dollarization
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)This paper analyzes how the presence of liability dollarization, different degrees of contract enforcement, and the possibility to default on debts affect firms’ financing decisions. The framework is a dynamic model of ... -
Forecasting Commodity Prices with Switching Regimes: The Case of Fishmeal Prices
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)The objective of this paper is to present a parsimonious forecasting model of the fishmeal price. The focus is on the impact of the soybean meal market on the fishmeal price together with the stocks-to-use as an indicator ... -
How Investors Face Financial Risk: Loss Aversion and Wealth Allocation
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)We studied how the capital allocation decisions and the loss version of nonprofessional investors change subject to behavioral factors. The optimal wealth allocation between risky and risk-free assets results within a ... -
Skewed Forward-Looking Monetary Policy Behavior: A Look at the Latin American Inflation Targeting Practice
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)Estimation of forward-looking interest rate rules is ubiquitous in the context of developed-economy central banks. In this paper, the five countries in Latin America that have adopted the Inflation Targeting framework are ... -
Towards Sustainable Offshore Outsourcing: A Case Study of Quebec Manufacturing Firms Outsourcing to China
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)The offshore-outsourcing choice is viewed as a source of factory closures and job losses in many developed countries including Canada. The current exploratory paper using qualitative case study methods presents experiences ...
