Browsing Vol. 06, Issue 01 by Issue Date

Now showing items 1-7 of 7

    • Public Pension Governance and Asset Allocation 

      Dobra, Matt; Lubich, Bruce (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      This paper analyses the relationship between governance, asset allocation, and risk among state and local government-operated pension systems in the United States of America. It is argued that governance influences investment ...

    • Efficiency Determinants and Dynamic Efficiency Changes in Latin American Banking Industries 

      Hassan, M. Kabir; Sanchez, Benito (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      This paper investigates the determinants of efficiency and dynamic efficiency changes across Latin American banking industries during recent periods of financial liberalization. Allocative, technical, pure technical, and ...

    • The Lending Interest Rates in the Microfinance Sector: Searching for its Determinants 

      Cotler, Pablo; Almazan, Deyanira (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      Using data from 1299 microfinance institutions (MFIs) in 84 countries and following different approaches, it was found the lending interest rate is determined by the funding cost, the loan size, and the efficiency level ...

    • Entrepreneurial Skills, Significant Differences between Serbian and German Entrepreneurs 

      Morales, Carlos E.; Feldman, Percy Marquina (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      An extensive literature review reveals various authors acknowledge skills have an impact on entrepreneurial success. However, a lack of consensus regarding the main skills an entrepreneur needs is apparent. In this study, ...

    • Evaluating the Efficiency of Turkish Banks: A Risk and Profitability Approach 

      Eken, Mehmet Hasan; Kale, Süleyman (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      Conventional performance indicators, especially after recent financial restructuring initiatives, are criticized more than ever for not associating performance and risk. The purpose of this study is to benchmark performance ...

    • The Evolving Role of Reserve Requirements in Monetary Policy 

      Carrera, César (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      The design of monetary policy has been a subject of debate in the specialized literature. Over the last three decades, this literature has moved from questioning the very existence of reserve requirements (RRs) to analyzing ...

    • The Effects of Trade Expansion: Poverty and Inequality in Post-NAFTA Mexico 

      Navarro, De Hoyos; E, Rafael (Pontificia Universidad Católica del Perú. CENTRUMPE, 2013)
      This paper illustrates how microeconometric techniques can be used to uncover the micro dynamics behind macro shocks. Our model’s results are used to generate a scenario where the Mexican economy experienced the negative ...