| dc.creator | Valdés, Arturo Lorenzo | |
| dc.date | 2014-08-19T02:27:40Z | |
| dc.date | 2014-08-19T02:27:40Z | |
| dc.date | 2006 | |
| dc.date.accessioned | 2018-04-19T21:04:28Z | |
| dc.date.available | 2018-04-19T21:04:28Z | |
| dc.identifier | Revista de Análisis Económico 21(1): 2006, p. 117-129 | |
| dc.identifier | http://repositorio.uahurtado.cl/handle/11242/1864 | |
| dc.identifier.uri | http://repositorioslatinoamericanos.uchile.cl/handle/2250/1370835 | |
| dc.description | The intention of the present work is to evaluate long-run relations in the stock markets of six Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico and Peru) and the United States stock market, by means of a model in which a cointegration relation exists between the principals prices stock indexes but allowing that the movements towards the long-run equilibrium only happen in some periods. For the previous thing threshold autoregressive models are considered. The idea is that the movements towards the long-run equilibrium need not occur every period but in a specific regime. We find that the specification is better in nonlinear than linear models and the cointegration relation only appears in four of the six analyzed Latin American countries. | |
| dc.language | spa | |
| dc.publisher | ILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios | |
| dc.rights | Attribution 3.0 Unported | |
| dc.rights | http://creativecommons.org/licenses/by/3.0/ | |
| dc.subject | Modelos económicos | |
| dc.subject | Estabilidad económica -- América Latina | |
| dc.title | Modelos de Corrección de Error no Lineal entre Mercados Accionarios Latinoamericanos y el Mercado Accionario de Estados Unidos | |
| dc.type | Artículos de revistas | |
