dc.creatorValdés, Arturo Lorenzo
dc.date2014-08-19T02:27:40Z
dc.date2014-08-19T02:27:40Z
dc.date2006
dc.date.accessioned2018-04-19T21:04:28Z
dc.date.available2018-04-19T21:04:28Z
dc.identifierRevista de Análisis Económico 21(1): 2006, p. 117-129
dc.identifierhttp://repositorio.uahurtado.cl/handle/11242/1864
dc.identifier.urihttp://repositorioslatinoamericanos.uchile.cl/handle/2250/1370835
dc.descriptionThe 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.languagespa
dc.publisherILADES; Georgetown University; Universidad Alberto Hurtado. Facultad de Economía y Negocios
dc.rightsAttribution 3.0 Unported
dc.rightshttp://creativecommons.org/licenses/by/3.0/
dc.subjectModelos económicos
dc.subjectEstabilidad económica -- América Latina
dc.titleModelos de Corrección de Error no Lineal entre Mercados Accionarios Latinoamericanos y el Mercado Accionario de Estados Unidos
dc.typeArtículos de revistas


Este ítem pertenece a la siguiente institución