Zobrazeno 1 - 10
of 17
pro vyhledávání: '"Gómez Muñoz, Wilman Arturo"'
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: El objetivo de este trabajo fue explicar el mayor o menor ritmo de crecimiento de la productividad total de los factores (PTF) en las principales economías del este asiático y latinoamericanas entre 1960 y 2015. Encontramos evidencia econo
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::6cb1089a224fae2fa60a297e457cecad
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: Este trabajo presenta la aplicación de un modelo de panel de Vectores Autorregresivos (pVAR) para la estimación de un conjunto de coeficientes en un escenario dinámico, con variación en el tiempo de los mismos. Se toma como referencia el
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::64db972587daa1f8805450351d398b79
Publikováno v:
Lecturas de Economía, Iss 62, Pp 37-74 (2005)
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: El período 1994-2001 correspondió al de un ciclo de la economía colombiana especialmente intenso sobre todo en lo que se refiere a la magnitud de la depresión ocurrida entre 1998 y 2001. En el presente documento se describe la construcci
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::eff9ba2f39892aead40df391acfb6230
http://www.redalyc.org/articulo.oa?id=155213358002
http://www.redalyc.org/articulo.oa?id=155213358002
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: La caída de la tasa de ahorro en Colombia se ha consolidado no solo como una tendencia largo plazo, sino que además ha exhibido un cambio estructural de importancia al inicio de los años noventa. Apelando a una hipótesis alternativa, la
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::9eb59c21896940ac68bb6ab31034f182
Autor:
Gómez Muñoz, Wilman Arturo
Publikováno v:
Belaire-Franch and Contreras (2003). “An assessment of international business cycle asymmetries using Clements and Krolzig's Parametric approach”. Studies in nonlinear dynamics and econometrics. Volume 6, issue 4.
Bullard, James and Singh,Aarti (2009). Learning and the Great Moderation. Federal Reserve Bank of St. Louis and University of Sydney respectively
Clements, Michael and Krolzig, Hans-Martin (2003) Business Cycle Asymmetries: Characterisation and Testing based on Markov-Switching Autoregressions, Journal of business and economic statistics, American Statistical Association, vol. 21(1), pp. 196-211, January
Davig, Troy and Leeper, Eric M. (2005). Fluctuating macro policies and the fiscal theory. NBER WP, 11212.
Eo, Yunjong (2009).Bayesian Analysis of DSGE Models with Regime Switching. Department of Economics Washington University in St. Louis, Job Market Paper. This Draft: February 11, 2009.
Gefang and Strachan (2010). Nonlinear impacts of international business cycles on the U.K.-A bayesian smooth transition VAR approach. Studies in nonlinear dynamics and econometrics. Volume 14, issue 1.
Karagedikli, Özer; Matheson, Troy; Smith, Christie and Vahey, Shaun P. (2007). RBCs and DSGEs: The Computational Approach to Business Cycle Theory and Evidence. Reserve bank of Newzeland.
Knüppel, Malte (2014). Can Capacity Constraints Explain Asymmetries of the Business Cycle? Macroeconomic Dynamics, 18, pp.65-92.
Li, Shunyun May and Dressler, Scott (2011). Business cycle asymmetry via occacionally binding international borrowing constraints. Journal of Macroeconomics, No. 33. pp.33-41.
Neftci (1984): “are economic time series asymmetric over the business cycle?” in the journal of political economia, vol 92, No.2, apr.1984.
Pytlarczyk, Ernest (2005). An Estimated DSGE Model for the German Economy within the Euro Area.
Sichel, D. (1993). Business cycle asymmetry. Economic Inquiry, 31:224-236.
Tristani, Oreste and Amisano, Gianni (2010). Anonlinear DSGE modelof the term structure with regime shifts. 2010 meeting papers 234, Society for Econmic Dynamics.
Valderrama, Diego (2002). Nonlinearities in international business cycles. Working paper-2002-23. Federal Reserve Bank of San Fransisco.
Valderrama, Diego (2007). Statistical nonlinearities in the business cycle: a challenge for the canonical RBC model. Journal of Economic dynamics and control (2007). 31, pp. 2957-2983.
Abel, Andrew B; and Eberly, Janice C. (1994). A unified model of investment under uncertainty. The American Economic Review. Vol. 84, No. 5, December. Oo. 1369-1384.
Stéphane Adjemian, Houtan Bastani, Michel Juillard, Ferhat Mihoubi, George Perendia, Marco Ratto and Sébastien Villemot (2011), “Dynare: Reference Manual, Version 4,” Dynare Working Papers, 1, CEPREMAP
Amisano, Gianni and Tristani, Oreste (2008). A DSGE model of the term structure with regime shifts.
An, Sungbae and Schorfheide,Frank (2007). BAYESIAN ANALYSIS OF DSGE MODELS. Econometric Reviews, 26 (2-4): Pp. 113-172
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (2006a). Lumpy investment in dynamic general equilibrium. Cowles foundation discussion paper No.1566. June 2006.
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (200ba). Aggregate implications of lumpy investment: new evidence and a DSGE model. NBER working paper 12336, june 2006.
Barseghyan, Levon, Molinari, Francesca, O'Donoghue, Ted and Teitelbaum, Joshua (2010). The nature of risk preferences: evidence from insurance choices. July 21 2010.
Caballero, Ricardo J. and Engel, Eduardo (1991). Dynamic (S,s) economies. Econometrica, vol59, No.6, november. Pp. 1659-1686.
Caballero, Ricardo J. and Engel, Eduardo (1994). Explaining investment dynamics in U.S, manufacturin: a generalized (S.s) approach. NBER Working Paper 4887
Caballero, Ricardo J., Engel, Eduardo and Haltiwanger, John C. (1995). Plant-level adjustment and aggregate investment dynamics. Brookings papers on economic activity, vol. 1995, No. 2. Pp 1-54.
Cooper, Russell W. and Haltiwanger, John C. (2000). On the nature of capital adjustment costs. NBER Working Paper 7925.
Doms, Mark and Dunne, Timothy (1998). Capital adjustment patterns in manufacturing plants. Review of economic dynamics 1, pp.409-429.
Hamermesh, D.S., Pfann, G.A. (1996). Turnover and the dynamics of labor demand. Economica 63, 359-368.
Jaramillo, F., Shciantarelli, F., Sembenelli, A. (1993). Are adjustment costs for labor asymmetric? An econometric test on panel data for Italy. Review of economics and statistics 75, 640-648.
Jordà, Òscar (2005). Estimation and inference of impulse responses by local projections. The american economic review, Vol.95, No. 1, pp.161-183.
Khan, Aubhik and Thomas, Julia K. (2003). Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter? Journal of Monetary Economics 50, pp 331-360.
Khan, Aubhik and Thomas, Julia K. (2004). Idionsyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics. Federal Reserve Bank of Minneapolis, Research Department Staff Report 352.
King, Robert G., Ploseer, Charles I., and Rebelo, Sergio T. (1988). Production, Growth and business cycles. I the Basic Neoclassical Model. Journal of Monetary Economics, 21, pp. 195-232, North-Holland.
Koop, Gary; Pesaran, M. Hasem; and Potter, Simon M. (1996). Impulse response analysis in nonlinear multivariate models. Journal of Econometrics, 74, pp. 119-147.
Maliar, Lilia and Serguei (2003.) Parameterized Expectations Algorithm and the Moving Bounds. Journal of Busuness and Economic Statistics. Juanuary, Vol. 21, No. 1.
Marcet, A. and Marshall, D. A. (1994). solving nonlinear rational expectations models by parameterized expectations: convergence and stationary solutions. Economics Working paper 76.
Marcet, A. and Lorenzoni, G. (2001). Parameterized Expectations Approach; some practical issues. Chapter book in: Computational methods for the study of dynamic economies. Edited by Ramon Marimon and Adrew Scott. Oxford University Press.
Miao, Jianjun and Wang, pengfei (2009). Does lumpy investment matter for business cycles? Working paper.
Obstfeld, Maurice and Kenneth, Rogoff (1996). Foundations of International Macroeconomics. The MIT Press.
Pfann, G.A., Palam, F.C., (1993). Asymmetric adjustment costs in nonlinear labour demand models for the Netherlands and U.K. manufacturing sectors. Review of Economic Studies 60, 297-312.
Palm, Franz C. and Pfann, Gerard A. (1997). Sources of asymmetry in production factor dynamics. Journal of Econometrics, 82, pp.361-392
Thomas, Julia K. (2002). Is lumpy investment relevant for the business cycle? Federal Reserve Bank of Minneapolis, Research Department Staff Report 302. March 2002.
Veracierto, Marcelo L. (2002). Plant-level irreversible investment and equilibrium business cycles. The American Economic Review. Vol 92,No 1.
Andries, Marianne (2011). Consupmtion-based asset pricing with loss aversion. Chicago booth school of business, PhD student.
Booij, A. S., G. van de Kuilen. 2006. A parameter-free analysis of the utility of money for the general population under prospect theory. Working paper, University of Amsterdam, Amsterdam, The Netherlands.
Bowman, David, Minehart, Deborah and Rabin, Matthew (1999). Loss aversion in a consumption-savings model. Journal of economic behavior and organization. Vol. 38, pp.155-178.
Carrol, Christopher D. and Weil, David N. (2000). Saving and Growth with Habit Formation. American Economic Review.
Gaffeo, Edoardo, Pretella, Ivan, Pjajfar, Damjan and Santoro, Emiliano (2010). Loss-aversion and the transmission of monetary policy.
Flavin, Marjorie (1991). The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation. National Bureau of Economic Research (Cambridge, MA), Working Paper No. 3802, August.
Foellmi, Reto, Rosenblatt-Wisch. Rina and Schenk-Hoppé, Klauss Reiner (2010). Consumption paths under prospects utility in an optimal growth model. Discussion papers, august 2010.
Grinblatt, M., and M. Keloharju. “What Makes Investors Trade?” Journal of Finance, 56 (2001), 589-616.
Han, Bing and Hsu; Jason (2004). Prospect theory and its applications in finance. Recovered from file:///C:/Users/138560/Downloads/00b7d532f328fbb5ae000000.pdf
Heath, C., Huddart, S., Lang, M., 1999. Psychological factors and stock option exercise. Quarterly Journal of Economics 114, 601–627. Benartzi, S., Thaler, R.H., 1995. Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics 110, 73–92.
Kahneman, Daniel and Tversky, Amos (1979). Prospect theory: an analysis of decision under risk. Econometrica, vol. 47, No. 2, mar.1979, pp. 263-292.
Kavkler, Alenka; Mikek, Peter; Böhm, Bernhard and Borsic, Darja (undated document). Nonlinear econometríc models: the smooth transition regression approach.
King, Robert, Plosser, Charles and Rebelo, Sergio (2001). Production, growth and business cycles: technical appendix, june 6.
Köbberling, Veronika and Wakker, Peter P. (2005). An index of loss aversion. Journal of economic theory, 122. pp. 119-131.
Koszegi, Botond and Rabin, Matthew (2006). A model of reference-dependent preferences. The quarterly journal of economics. Vol. CXXI November 2006 Issue 4. pp. 1133-1165.
Mehra, Rajnish and Prescott, Edward C. (1985). “The equity premium”: A puzzle. Journal of Monetary Economics, XV. pp145-162.
Odean, T. (1998): “Are Investors Reluctant to Realize Their Losses?,” Mimeo, UC Davis.
Rosenblatt-Wisch. Rina (2005). Optimal capital accumulation in a stochastic growth model under loss aversion. Working paper 222, National centre of competence in research, financial valuation and risk management. September.
Rosenblatt-Wisch. Rina (2008). Loss aversion in aggregate macroeconomic time series. European economic review, 52, pp. 1140-1159.
Shea, J., 1995a. Union contracts and the life-cycle/permanent-income hypothesis. American Economic Review 85, 186-200.
Shapira, Z., and I. Venezia. “Patterns of Behavior of Professionally Managed and Independent Investors.” Journal of Banking and Finance, 25 (2001), 1573-1587.
Tversky, Amos and Kahneman, Daniel (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of risk and uncertainty, 5:279-323.
Zeldes, S.P. (1989), Consumption and liquidity constraints: an empirical investigation, Journal of Political Economy 97(2):305-46.
Baxter, M. and Farr, Dorsey D. (2005). Variable capital utilization and international business cycles. Journal of International Economics, 65. pp. 335-347.
Christiano, Lawrence J., Eichenbaum, Martin and Evans, Charles L. (2005). Nominal rigidities and the dynamic effects of a shock to monetary policy. Journal of Political Economy. vol. 113, no. 1.
Eliasson, Ann-Charlotte (1999). Is the short-run Phillips curve nonlinear? Empirical evidence for Australia, Sweden and the United states. Stockholm School of Economics, Department of Economics Statistics.
Flaschel, Peter; Gong, Gang; Semmler,Willi (2003). Nonlinear Phillips Curve and Monetary Policy in a Keynesian Macroeconometric Model. Center for empirical macroeconomics, Working paper #18.
Goffinet, Pierre; Ryoishi, Hayashi and Sisi, Yuan (2003). A Dynare simulation of a dynamic general equilibrium model of the euro area. Mimeo, 20 June.
Gómez, Javier and Julio, Juan Manuel (2000). An estimation of the nonlinear Phillips curve in Colombia. Borradores de Economía 160, january. Banco de la República de Colombia.
Huh, Hyeon-seung (2009). Nonlinear Phillips curve, NAIRU and monetary policy rules. Yonsei University, Department of Economics. Recovered from: http://www.apeaweb.org/confer/hito05/papers/huh.pdf
López, Enrique and Misas, Martha (1999). Un examen empírico de la curva de Phillips en Colombia. Borradores de Economía “117, Banco de la República, Colombia.
Pyyhtiä, Ilmo (1999). The Nonlinearity of the Phillips Curve and European Monetary Policy. BANK OF FINLAND DISCUSSION PAPERS 17/1999.
Smets, Frank and Wouters, Raf (2003). An estimated dynamic stochastic general equilibrium model of the euro area. Journal of the European Economic association. September, 1(5):1123--1175.
Repositorio EdocUR-U. Rosario
Universidad del Rosario
instacron:Universidad del Rosario
Bullard, James and Singh,Aarti (2009). Learning and the Great Moderation. Federal Reserve Bank of St. Louis and University of Sydney respectively
Clements, Michael and Krolzig, Hans-Martin (2003) Business Cycle Asymmetries: Characterisation and Testing based on Markov-Switching Autoregressions, Journal of business and economic statistics, American Statistical Association, vol. 21(1), pp. 196-211, January
Davig, Troy and Leeper, Eric M. (2005). Fluctuating macro policies and the fiscal theory. NBER WP, 11212.
Eo, Yunjong (2009).Bayesian Analysis of DSGE Models with Regime Switching. Department of Economics Washington University in St. Louis, Job Market Paper. This Draft: February 11, 2009.
Gefang and Strachan (2010). Nonlinear impacts of international business cycles on the U.K.-A bayesian smooth transition VAR approach. Studies in nonlinear dynamics and econometrics. Volume 14, issue 1.
Karagedikli, Özer; Matheson, Troy; Smith, Christie and Vahey, Shaun P. (2007). RBCs and DSGEs: The Computational Approach to Business Cycle Theory and Evidence. Reserve bank of Newzeland.
Knüppel, Malte (2014). Can Capacity Constraints Explain Asymmetries of the Business Cycle? Macroeconomic Dynamics, 18, pp.65-92.
Li, Shunyun May and Dressler, Scott (2011). Business cycle asymmetry via occacionally binding international borrowing constraints. Journal of Macroeconomics, No. 33. pp.33-41.
Neftci (1984): “are economic time series asymmetric over the business cycle?” in the journal of political economia, vol 92, No.2, apr.1984.
Pytlarczyk, Ernest (2005). An Estimated DSGE Model for the German Economy within the Euro Area.
Sichel, D. (1993). Business cycle asymmetry. Economic Inquiry, 31:224-236.
Tristani, Oreste and Amisano, Gianni (2010). Anonlinear DSGE modelof the term structure with regime shifts. 2010 meeting papers 234, Society for Econmic Dynamics.
Valderrama, Diego (2002). Nonlinearities in international business cycles. Working paper-2002-23. Federal Reserve Bank of San Fransisco.
Valderrama, Diego (2007). Statistical nonlinearities in the business cycle: a challenge for the canonical RBC model. Journal of Economic dynamics and control (2007). 31, pp. 2957-2983.
Abel, Andrew B; and Eberly, Janice C. (1994). A unified model of investment under uncertainty. The American Economic Review. Vol. 84, No. 5, December. Oo. 1369-1384.
Stéphane Adjemian, Houtan Bastani, Michel Juillard, Ferhat Mihoubi, George Perendia, Marco Ratto and Sébastien Villemot (2011), “Dynare: Reference Manual, Version 4,” Dynare Working Papers, 1, CEPREMAP
Amisano, Gianni and Tristani, Oreste (2008). A DSGE model of the term structure with regime shifts.
An, Sungbae and Schorfheide,Frank (2007). BAYESIAN ANALYSIS OF DSGE MODELS. Econometric Reviews, 26 (2-4): Pp. 113-172
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (2006a). Lumpy investment in dynamic general equilibrium. Cowles foundation discussion paper No.1566. June 2006.
Bachman, Ruediger, Caballero, Ricardo J. and Engle, Eduardo M.R.A. (200ba). Aggregate implications of lumpy investment: new evidence and a DSGE model. NBER working paper 12336, june 2006.
Barseghyan, Levon, Molinari, Francesca, O'Donoghue, Ted and Teitelbaum, Joshua (2010). The nature of risk preferences: evidence from insurance choices. July 21 2010.
Caballero, Ricardo J. and Engel, Eduardo (1991). Dynamic (S,s) economies. Econometrica, vol59, No.6, november. Pp. 1659-1686.
Caballero, Ricardo J. and Engel, Eduardo (1994). Explaining investment dynamics in U.S, manufacturin: a generalized (S.s) approach. NBER Working Paper 4887
Caballero, Ricardo J., Engel, Eduardo and Haltiwanger, John C. (1995). Plant-level adjustment and aggregate investment dynamics. Brookings papers on economic activity, vol. 1995, No. 2. Pp 1-54.
Cooper, Russell W. and Haltiwanger, John C. (2000). On the nature of capital adjustment costs. NBER Working Paper 7925.
Doms, Mark and Dunne, Timothy (1998). Capital adjustment patterns in manufacturing plants. Review of economic dynamics 1, pp.409-429.
Hamermesh, D.S., Pfann, G.A. (1996). Turnover and the dynamics of labor demand. Economica 63, 359-368.
Jaramillo, F., Shciantarelli, F., Sembenelli, A. (1993). Are adjustment costs for labor asymmetric? An econometric test on panel data for Italy. Review of economics and statistics 75, 640-648.
Jordà, Òscar (2005). Estimation and inference of impulse responses by local projections. The american economic review, Vol.95, No. 1, pp.161-183.
Khan, Aubhik and Thomas, Julia K. (2003). Nonconvex factor adjustments in equilibrium business cycle models: do nonlinearities matter? Journal of Monetary Economics 50, pp 331-360.
Khan, Aubhik and Thomas, Julia K. (2004). Idionsyncratic shocks and the role of nonconvexities in plant and aggregate investment dynamics. Federal Reserve Bank of Minneapolis, Research Department Staff Report 352.
King, Robert G., Ploseer, Charles I., and Rebelo, Sergio T. (1988). Production, Growth and business cycles. I the Basic Neoclassical Model. Journal of Monetary Economics, 21, pp. 195-232, North-Holland.
Koop, Gary; Pesaran, M. Hasem; and Potter, Simon M. (1996). Impulse response analysis in nonlinear multivariate models. Journal of Econometrics, 74, pp. 119-147.
Maliar, Lilia and Serguei (2003.) Parameterized Expectations Algorithm and the Moving Bounds. Journal of Busuness and Economic Statistics. Juanuary, Vol. 21, No. 1.
Marcet, A. and Marshall, D. A. (1994). solving nonlinear rational expectations models by parameterized expectations: convergence and stationary solutions. Economics Working paper 76.
Marcet, A. and Lorenzoni, G. (2001). Parameterized Expectations Approach; some practical issues. Chapter book in: Computational methods for the study of dynamic economies. Edited by Ramon Marimon and Adrew Scott. Oxford University Press.
Miao, Jianjun and Wang, pengfei (2009). Does lumpy investment matter for business cycles? Working paper.
Obstfeld, Maurice and Kenneth, Rogoff (1996). Foundations of International Macroeconomics. The MIT Press.
Pfann, G.A., Palam, F.C., (1993). Asymmetric adjustment costs in nonlinear labour demand models for the Netherlands and U.K. manufacturing sectors. Review of Economic Studies 60, 297-312.
Palm, Franz C. and Pfann, Gerard A. (1997). Sources of asymmetry in production factor dynamics. Journal of Econometrics, 82, pp.361-392
Thomas, Julia K. (2002). Is lumpy investment relevant for the business cycle? Federal Reserve Bank of Minneapolis, Research Department Staff Report 302. March 2002.
Veracierto, Marcelo L. (2002). Plant-level irreversible investment and equilibrium business cycles. The American Economic Review. Vol 92,No 1.
Andries, Marianne (2011). Consupmtion-based asset pricing with loss aversion. Chicago booth school of business, PhD student.
Booij, A. S., G. van de Kuilen. 2006. A parameter-free analysis of the utility of money for the general population under prospect theory. Working paper, University of Amsterdam, Amsterdam, The Netherlands.
Bowman, David, Minehart, Deborah and Rabin, Matthew (1999). Loss aversion in a consumption-savings model. Journal of economic behavior and organization. Vol. 38, pp.155-178.
Carrol, Christopher D. and Weil, David N. (2000). Saving and Growth with Habit Formation. American Economic Review.
Gaffeo, Edoardo, Pretella, Ivan, Pjajfar, Damjan and Santoro, Emiliano (2010). Loss-aversion and the transmission of monetary policy.
Flavin, Marjorie (1991). The Joint Consumption/Asset Demand Decision: A Case Study in Robust Estimation. National Bureau of Economic Research (Cambridge, MA), Working Paper No. 3802, August.
Foellmi, Reto, Rosenblatt-Wisch. Rina and Schenk-Hoppé, Klauss Reiner (2010). Consumption paths under prospects utility in an optimal growth model. Discussion papers, august 2010.
Grinblatt, M., and M. Keloharju. “What Makes Investors Trade?” Journal of Finance, 56 (2001), 589-616.
Han, Bing and Hsu; Jason (2004). Prospect theory and its applications in finance. Recovered from file:///C:/Users/138560/Downloads/00b7d532f328fbb5ae000000.pdf
Heath, C., Huddart, S., Lang, M., 1999. Psychological factors and stock option exercise. Quarterly Journal of Economics 114, 601–627. Benartzi, S., Thaler, R.H., 1995. Myopic loss aversion and the equity premium puzzle. Quarterly Journal of Economics 110, 73–92.
Kahneman, Daniel and Tversky, Amos (1979). Prospect theory: an analysis of decision under risk. Econometrica, vol. 47, No. 2, mar.1979, pp. 263-292.
Kavkler, Alenka; Mikek, Peter; Böhm, Bernhard and Borsic, Darja (undated document). Nonlinear econometríc models: the smooth transition regression approach.
King, Robert, Plosser, Charles and Rebelo, Sergio (2001). Production, growth and business cycles: technical appendix, june 6.
Köbberling, Veronika and Wakker, Peter P. (2005). An index of loss aversion. Journal of economic theory, 122. pp. 119-131.
Koszegi, Botond and Rabin, Matthew (2006). A model of reference-dependent preferences. The quarterly journal of economics. Vol. CXXI November 2006 Issue 4. pp. 1133-1165.
Mehra, Rajnish and Prescott, Edward C. (1985). “The equity premium”: A puzzle. Journal of Monetary Economics, XV. pp145-162.
Odean, T. (1998): “Are Investors Reluctant to Realize Their Losses?,” Mimeo, UC Davis.
Rosenblatt-Wisch. Rina (2005). Optimal capital accumulation in a stochastic growth model under loss aversion. Working paper 222, National centre of competence in research, financial valuation and risk management. September.
Rosenblatt-Wisch. Rina (2008). Loss aversion in aggregate macroeconomic time series. European economic review, 52, pp. 1140-1159.
Shea, J., 1995a. Union contracts and the life-cycle/permanent-income hypothesis. American Economic Review 85, 186-200.
Shapira, Z., and I. Venezia. “Patterns of Behavior of Professionally Managed and Independent Investors.” Journal of Banking and Finance, 25 (2001), 1573-1587.
Tversky, Amos and Kahneman, Daniel (1992). Advances in prospect theory: Cumulative representation of uncertainty. Journal of risk and uncertainty, 5:279-323.
Zeldes, S.P. (1989), Consumption and liquidity constraints: an empirical investigation, Journal of Political Economy 97(2):305-46.
Baxter, M. and Farr, Dorsey D. (2005). Variable capital utilization and international business cycles. Journal of International Economics, 65. pp. 335-347.
Christiano, Lawrence J., Eichenbaum, Martin and Evans, Charles L. (2005). Nominal rigidities and the dynamic effects of a shock to monetary policy. Journal of Political Economy. vol. 113, no. 1.
Eliasson, Ann-Charlotte (1999). Is the short-run Phillips curve nonlinear? Empirical evidence for Australia, Sweden and the United states. Stockholm School of Economics, Department of Economics Statistics.
Flaschel, Peter; Gong, Gang; Semmler,Willi (2003). Nonlinear Phillips Curve and Monetary Policy in a Keynesian Macroeconometric Model. Center for empirical macroeconomics, Working paper #18.
Goffinet, Pierre; Ryoishi, Hayashi and Sisi, Yuan (2003). A Dynare simulation of a dynamic general equilibrium model of the euro area. Mimeo, 20 June.
Gómez, Javier and Julio, Juan Manuel (2000). An estimation of the nonlinear Phillips curve in Colombia. Borradores de Economía 160, january. Banco de la República de Colombia.
Huh, Hyeon-seung (2009). Nonlinear Phillips curve, NAIRU and monetary policy rules. Yonsei University, Department of Economics. Recovered from: http://www.apeaweb.org/confer/hito05/papers/huh.pdf
López, Enrique and Misas, Martha (1999). Un examen empírico de la curva de Phillips en Colombia. Borradores de Economía “117, Banco de la República, Colombia.
Pyyhtiä, Ilmo (1999). The Nonlinearity of the Phillips Curve and European Monetary Policy. BANK OF FINLAND DISCUSSION PAPERS 17/1999.
Smets, Frank and Wouters, Raf (2003). An estimated dynamic stochastic general equilibrium model of the euro area. Journal of the European Economic association. September, 1(5):1123--1175.
Repositorio EdocUR-U. Rosario
Universidad del Rosario
instacron:Universidad del Rosario
Esta disertación busca estudiar los mecanismos de transmisión que vinculan el comportamiento de agentes y firmas con las asimetrías presentes en los ciclos económicos. Para lograr esto, se construyeron tres modelos DSGE. El en primer capítulo, e
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e6c1e82e5ba87769421a2897bf52c956
http://repository.urosario.edu.co/handle/10336/8912
http://repository.urosario.edu.co/handle/10336/8912
Autor:
Gómez Muñoz, Wilman Arturo
In this chapter, an asymmetric DSGE model is built in order to account for asymmetries in business cycles. One of the most important contributions of this work is the construction of a general utility function which nests loss aversion, risk aversion
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::505ff88deb7bb81d14e7878442ae1e4b
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: Este artículo presenta una visión de la coyuntura económica del pasado reciente en América Latina y Colombia. Se hace especial énfasis en los aspectos determinantes de la buena situación en la región y se somete a discusión si los bu
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::7fbba1496dcfe6f40dc8fd84d87fd949
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: Este documento presenta un indicador de vulnerabilidad financiera que da cuenta de situaciones donde la economía o el sistema bancario y financiero pueden enfrentar el riesgo de desarrollar una crisis financiera, como consecuencia de cambio
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::9115c782e1274a8b89f00aab84b96874
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: La actual crisis financiera internacional iniciada en 2008 en Estados Unidos ha puesto de nuevo en el debate académico y político la importancia del sistema financiero en la economía, las posibilidades de política económica disponibles
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::964325c1a5aa027e8688945b44d16a43
Publikováno v:
Repositorio UdeA
Universidad de Antioquia
instacron:Universidad de Antioquia
Universidad de Antioquia
instacron:Universidad de Antioquia
RESUMEN: En este artículo se hace una breve revisión de la literatura acerca de la relación entre distribución del ingreso, pobreza y crecimiento económico. A demás, se revisan algunos trabajos sobre los experimentos populistas en América Lati
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od______3056::5bb231eb74227395932c340eadcfb86b