Results 91 to 100 of about 33,704 (274)
ABSTRACT We show that FX interventions can be effective, particularly in attenuating global financial spillovers. We exploit global financial shocks and Brazilian central bank interventions in FX derivatives using three matched administrative registers: bank credit (to firms), foreign credit to banks, and employer‐employees. After the U.S.
RODRIGO BARBONE GONZALEZ +3 more
wiley +1 more source
MEDIDAS DE NÚCLEO INFLACIONARIO PARA COSTA RICA
En este documento se elaboran y evalúan medidas alternativas de núcleo inflacionario para Costa Rica. La idea fundamental contempla al núcleo inflacionario como un indicador de la tendencia subyacente de la inflación capaz de capturar el componente del ...
Gabriela Saborío Muñoz +2 more
doaj
The Sounds of Trust: The Bouba–Kiki Effect in Political Leaders' Names
ABSTRACT Prior research has found evidence for the bouba–kiki effect according to which individuals associate sounds related to “bouba” and “kiki” with shapes and feelings. Using individual data from the World Values Survey, we investigate whether political leaders with names that sound “bouba” or “kiki” are associated with higher or lower trust.
Caroline Perrin, Laurent Weill
wiley +1 more source
Surpresas na política monetária e a estrutura a termo da taxa de juros brasileira
This paper empirically assesses the monetary policy's surprise effect over the interest rate curve, testing the impacts of COPOM's (monetary policy Committee) decisions over the interest rates curve (Swaps rates with maturity to 1, 2, 3, 6 and 12 months)
Benjamin Miranda Tabak, Alícia Tabata
doaj
Assessing climate risks in Uruguay’s banks using NGFS short-term scenarios
The agricultural sector is a key driver of the Uruguayan economy, making it particularly vulnerable to hydrometeorological events. This paper assesses the impact of severe physical risk events — combining droughts, heatwaves, and wildfires — on the ...
Andrea Barón +3 more
doaj +1 more source
Foreign currency invoicing of domestic transactions as a hedging strategy: evidence for Uruguay
This study is an empirical analysis of the factors associated with the use of the US dollar for the invoicing of domestic transactions, which is a common practice of Uruguayan firms. Using a novel dataset we find that both the input and debt structure of
Gerardo Licandro, Miguel Mello
doaj +1 more source
Large‐Dimensional Cointegrated Threshold Factor Models: The Global Term Structure of Interest Rates
ABSTRACT In this paper we extend the two‐level factor model to account for cointegration between group‐specific factors in large datasets. We propose two nonlinear specifications: (i) a threshold vector error correction model (VECM) that allows for asymmetric adjustment across regimes; and (ii) a band VECM that captures state‐dependent adjustment which
Daniel Abreu, Paulo M. M. Rodrigues
wiley +1 more source

