Real Rate of Return
Beyond the mincer equation: the internal rate of return to higher education in Colombia
... implications of the IRR that we have estimated we need to make some specific comparisons, considering investment in higher education as a financial project and its potential reward compared with any other ...
19
A spectral perspective on excess volatility
... financial rate of return in our sample is around ...profit rate is around 9.5%, thus the Sharpe ratio of real investment dominates its financial counterpart by one order ...
7
Explaining the Time Series and Cross Section Variations of Returns: The Mexican Stock Market Edición Única
... I found that the excess market return EMR, default risk DEF and US real interest rate TBILLR, better explain the cross-section variations in stock returns when the portfolios are formed [r] ...
166
Escape Clauses and Targeting of the Real Exchange Rate: The Case of Nominal Exchange Rate Pegging
... the real exchange rate has an expected value equal to zero) and the expected value for the real exchange rate is ...value of the real exchange ...observed real exchange ...
46
From the boom in capital inflows to financial traps
... classification of experiences and policies stresses the role of the real exchange rate as a crucial determinant of the difference between the two ...adoption of a floating ...
24
The Struggle Over the Real Wage in the Monetary Production Economy
... logic of the aggregate real wage in the monetary production economy conveys: (i) the deter- mination of the average real wage rate, the level of employment, and the pos- sibility ...
24
Entrepreneurial management in aquaponics
... consumers of fresh water. Estimations reveal that 85% of the global fresh water consumption is for agriculture and nearly one-third of the total water footprint of agriculture in the world is ...
8
Trade Costs and the Open Macroeconomy
... correlations of consumption by more than half compared to a frictionless ...price of imported goods trade costs render domestic goods more attractive to ...effect of trade costs tends to isolate two ...
33
Fiscal policy and the real exchange rate: some evidence from Spain
... number of papers analysing how changes in government expenditure affect the real exchange rate, as a by-product of the literature on the macroeconomic effects of fiscal ...a real ...
24
TítuloA Sharpe ratio based measure for currencies
... interest rate return for the investment currency and 𝑖𝑖 𝑡𝑡 is the investor currency or risk free currency – we may consider these two definitions as equivalent for this ...log of the exchange ...
9
Real Time Early Detection of Allergic Reactions based on Heart Rate Variability
... health of the patients, due to the incremental consumption of the implicated food ...heart rate changes were detected in children experiencing a positive ...existence of a relationship between ...
219
Five years of competitive and stable real exchange rate in Argentina, 2002 2007
... mandate of pursuing low inflation rates as its primary ...effects of the crisis and domestic financial markets had shrunk significantly, the central bank decided not to follow an inflation targeting ...
13
L Complementaria Liquidity Preference and the Theory of Interest and Money Modigliani
... Its position depends on the value of the fixed money wage rate wo: given the wage rate, to any level of money income there corresponds a certain real income and price l[r] ...
45
The oil price and the stock returns when risk premiums vary in time and fix effects by industry
... part of a fondecyt project of Jaime Casassus in which Alberto Tomás Court also ...number of authors has investigated the relationship between the changes in the oil price and the macroeconomic ...the ...
63
Unemployment and the real exchange rate in Latin America
... importance of a competitive RER in the development ...reexamination of development strategies suggests that success- ful paths are based on two ...rates of growth, as a necessary initial condi- ...
16
Long-run effects of commodity prices on the real exchange rate: evidence from Argentina
... out of the ten top export items were raw materials that accounted for 38% of total merchandise ...source of external ...continuous real exchange rate appreciation was observed along ...
31
The Intertemporal Approach to the Current Account: Evidence for Chile
... availability of data for Chile allows us to use quarterly data from 1960:1 to ...measure of the world real interest rate has been computed following the method of Barro and ...
28
Speculative Currency Attacks: Role of Inconsistent Macroeconomic Policies and Real Exchange Rate Overvaluation
... analysis of Kaminsky and Reinhart (1999) (KR), perhaps the most prominent empirical paper on causes of currency ...indicators of KR, both in terms of accuracy and predictive capacity, and ...
25
The impact of financial transactions taxes on money demand in Colombia
... creation of a tax may have two different effects on decision ...use of bank deposits in favor of cash holdings, as the relative cost of the former has ...use of such ...value of ...
24