14 research outputs found
Monetary Policy Rules and Inflation Targets in Emerging Economies Evidence for Mexico and Israel
The Effect of the Exchange Rates on Investment in Mexican Manufacturing Industry
This paper, considering revenue and cost exposure channels, investigates the effects of exchange rate behaviour on fixed capital investment in Mexican manufacturing sector over 1994-2002. We find that i) currency depreciation has a positive (negative) effect on fixed investment through the export (import) channel; ii) exchange rate volatility impacts mostly export oriented sectors ; iii) the sensitivity of investment to exchange rate movements is stronger in non-durable goods sectors and industries with low mark-up ratios.Exchange rate volatility ; investment ; external exposure ; market structure
Monetary Policy Rules with PID Control Features: Evidence from the UK, USA and EU
This paper considers the extent to which the monetary policy operations of three major central banks can be regarded as an application of Proportional-Integral-Derivative (PID) control rules. The paper outlines the general PID framework and estimates a series of dynamic models to identify how interest rate policy adjustments are affected by the rate of inflation and the level of macroeconomic activity. The paper examines data for the UK, the USA and the Eurozone. The results suggest that the PID rules can provide a useful theoretical and empirical framework for estimating central bank responses to the inflation and macroeconomic activity variables by improving the explanatory power of the Taylor rule model and determining the effect of the parameters
Economy and Divorces: Their Impact Over Time on the Self-Employment Rates in Spain
The paper used time-series data and examined the effect of economic and social variables on the male and female self-employment rates in Spain. We also employed cointegration analysis (with and without) structural breaks. We thus find strong evidence that long run relationships exist among the variables. More precisely, we find that the unemployment rates and the ratio of self-employment to employeesâ earnings have a positive effect on self-employment, whereas, economic development and divorce rates have a negative effect. Importantly, we find that the economic variables have equal or stronger long run impact on females than males, with both groups reacting to changes in family circumstances. Finally, we show that the short run family circumstances are better predictors of self-employment choices rather than economic factors, with self-employment being a means of adjustment to new personal circumstances and economic needs
VIII Encuentro de Docentes e Investigadores en Historia del Diseño, la Arquitectura y la Ciudad
Acta de congresoLa conmemoraciĂłn de los cien años de la Reforma Universitaria de 1918 se presentĂł como una ocasiĂłn propicia para debatir el rol de la historia, la teorĂa y la crĂtica en la formaciĂłn y en la prĂĄctica profesional de diseñadores, arquitectos y urbanistas.
En ese marco el VIII Encuentro de Docentes e Investigadores en Historia del Diseño, la Arquitectura y la Ciudad constituyĂł un espacio de intercambio y reflexiĂłn cuya realizaciĂłn ha sido posible gracias a la colaboraciĂłn entre Facultades de Arquitectura, Urbanismo y Diseño de la Universidad Nacional y la Facultad de Arquitectura de la Universidad CatĂłlica de CĂłrdoba, contando ademĂĄs con la activa participaciĂłn de mayorĂa de las Facultades, Centros e Institutos de Historia de la Arquitectura del paĂs y la regiĂłn.
Orientado en su convocatoria tanto a docentes como a estudiantes de Arquitectura y Diseño Industrial de todos los niveles de la FAUD-UNC promovió el debate de ideas a partir de experiencias concretas en instancias tales como mesas temåticas de caråcter interdisciplinario, que adoptaron la modalidad de presentación de ponencias, entre otras actividades.
En el ĂĄmbito de VIII Encuentro, desarrollado en la sede Ciudad Universitaria de CĂłrdoba, se desplegaron numerosas posiciones sobre la enseñanza, la investigaciĂłn y la formaciĂłn en historia, teorĂa y crĂtica del diseño, la arquitectura y la ciudad; sumĂĄndose el aporte realizado a travĂ©s de sus respectivas conferencias de Ana Clarisa AgĂŒero, Bibiana Cicutti, Fernando Aliata y Alberto Petrina. El conjunto de ponencias que se publican en este Repositorio de la UNC son el resultado de dos intensas jornadas de exposiciones, cuyos contenidos han posibilitado actualizar viejos dilemas y promover nuevos debates.
El evento recibiĂł el apoyo de las autoridades de la FAUD-UNC, en especial de la SecretarĂa de InvestigaciĂłn y de la Biblioteca de nuestra casa, como asĂ tambiĂ©n de la Facultad de Arquitectura de la UCC; va para todos ellos un especial agradecimiento
The Effect of the Exchange Rates on Investment in Mexican Manufacturing Industry
This paper, considering revenue and cost exposure channels, investigates the effects of exchange rate behaviour on fixed capital investment in Mexican manufacturing sector over 1994-2002. We find that i) currency depreciation has a positive (negative) effect on fixed investment through the export (import) channel; ii) exchange rate volatility impacts mostly export oriented sectors; iii) the sensitivity of investment to exchange rate movements is stronger in non-durable goods sectors and industries with low mark-up ratios
From subsistence farming to agribusiness and nonfarm entrepreneurship: Does it improve economic conditions and well-being?
To eradicate poverty, governments across developing countries have adopted programs to promote business ownership, with varying levels of success. The mixed success of such programs underscores the importance of local business and economic conditions. Yet, empirical evidence on how local context shapes outcomes of entrepreneurship-focused poverty initiatives is sparse. In this paper, we use data from the 2015 Smallholder Survey to examine the impact of farming as a business (agribusiness) and nonfarm entrepreneurship (NFE) on household income and economic well-being in Uganda. We find that, in comparison to subsistence farming, engaging in agribusiness and NFE boosts household income and economic well-being, especially in rural areas with high poverty rates. Our research
contributes to the literature by offering new evidence on the efficacy of entrepreneurial initiatives in the specific context of a developing country with a large rural and agricultural economy. In terms of policy, our analysis provides support for the promotion of agribusiness and NFE initiatives to reduce poverty and overcome disparities between urban and rural settings
Impact of Covid-19 Policies on Women Self-employment Rates: An Integrated Conceptual Framework
The Effect of the Exchange Rates on Investment in Mexican Manufacturing Industry
Exchange rate volatility, Investment, External exposure, Market structure, E22,