Desde mediados del año pasado, la crisis del mercado de las hipotecas subprime (de baja calidad) mantiene en vilo a la economía mundial. Al calor de la burbuja inmobiliaria en Estados Unidos, bancos de este país y de ...

La crisis desatada en el mercado de hipotecas de Estados Unidos ya ha dejado algunas lecciones. En realidad,como suele ocurrir en estos casos, se trata de cuestiones que, vistas ex post parecen bastante obvias, ...

Firms’ early internationalisation (EI) is a complex process derived from uncertain market conditions, entrepreneurial vision, and strategic entry decisions. Academic debates still require deepening and broadening the ...

This paper is aimed at developing a business-cycle model for a small open emerging economy (SOEE). The model is parameterized, calibrated, and simulated to rationalize two important stylized facts in a SOEE. The first one ...

Course Description Once one of the richest and fastest growing economies in the world, Argentina is now entrenched in the rankings of the less developed countries. Nevertheless, in the last decade it has grown at a ...

This article discusses Chile's entry into the international economy, the performance of the national economy and institutional change during the 1810-1830s. It argues that the country consolidated a successful process of ...