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Evaluación del impacto de la política de incentivos sectoriales en el desarrollo de los municipios mineros de Castilla y León
Es objeto de discusión si la política de incentivos destinada al sector minero es o no conveniente. Los partidarios defienden que gracias a esta los municipios tienen mayores oportunidades para desarrollarse, mientras que los detractores argumentan que no tiene sentido orientar recursos hacia un sector sin futuro. En este trabajo nos hemos planteado hacer una
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Es objeto de discusión si la política de incentivos destinada al sector minero es o no conveniente. Los partidarios defienden que gracias a esta los municipios tienen mayores oportunidades para desarrollarse, mientras que los detractores argumentan que no tiene sentido orientar recursos hacia un sector sin futuro. En este trabajo nos hemos planteado hacer una
Rendimiento ex-dividendo como indicador de eficiencia en un mercado emergente: caso colombiano 1999-2007
Se evalúa el rendimiento ex-dividendo en acciones colombianas entre 1999 y 2007, periodo que incluye la conformación en julio de 2001 de la Bolsa de Valores de Colombia, resultado de la integración de tres bolsas previamente existentes. Contrario a la hipótesis de eficiencia de mercado, se encontraron rendimientos exdividendo positivos y estadísticamente significativos, similares a
Spillovers between cryptocurrencies, gold and stock markets: implication for hedging strategies and portfolio diversification under the COVID-19 pandemic
Abstract Purpose: This study analyzes the static and dynamic risk spillover between US/Chinese stock markets, cryptocurrencies and gold using daily data from August 24, 2018, to January 29, 2021. This study provides practical policy implications for investors and portfolio managers. Design/methodology/approach: The authors use the Diebold and Yilmaz (2012) spillover indices based on the forecast
Do credit risks deter FDI? Empirical evidence from the SAARC countries
Abstract Purpose: This paper makes a novel attempt to estimate the potential impact of credit risk on foreign direct investment (FDI hereafter), thereby focusing on a completely unexplored area in the existing empirical literature. Design/methodology/approach: To provide a comprehensive understanding of the relationship between credit risk and FDI inflows, the study incorporates all the eight-member
Do credit risks deter FDI? Empirical evidence from the SAARC countries Read More »
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Abstract Purpose: This paper makes a novel attempt to estimate the potential impact of credit risk on foreign direct investment (FDI hereafter), thereby focusing on a completely unexplored area in the existing empirical literature. Design/methodology/approach: To provide a comprehensive understanding of the relationship between credit risk and FDI inflows, the study incorporates all the eight-member
The specific factors of heterogeneity characterizing investors’ beliefs
Abstract Purpose: A separate study of the different behavioral biases does not allow for a full understanding of the complexity and stability of the heterogeneity of beliefs. Therefore, through a more global view of these anomalies, the authors wish to show that they can converge on a single concept, which is the heterogeneity of beliefs.
The specific factors of heterogeneity characterizing investors’ beliefs Read More »
Post Title
Abstract Purpose: A separate study of the different behavioral biases does not allow for a full understanding of the complexity and stability of the heterogeneity of beliefs. Therefore, through a more global view of these anomalies, the authors wish to show that they can converge on a single concept, which is the heterogeneity of beliefs.