Aspectos macro e microeconômicos das reformas

Incluye Bibliografía

Macro- and microeconomic aspects of the reforms

Includes bibliography

Determinants of ownership concentration in the Chilean stock market

Includes bibliography.

Jamaica: Report of the macro socio-economic effects of the events in western Kingston area 22 May- 7 June 2010

.--I. Background.--II. The affected population.--III. Sectoral analysis of damage and loss.--IV. The macro socio economic effect of the event.--V. Conclusions and recommendations

Belize: Macro socio-economic assessment of the damage and losses caused by tropical depression 16

Tropical Depression 16 (TD16) crept up on disparate populations in Belize over a period 8-16 October 2008. TD16 struck less than five months after the first named tropical storm of the 2008 Atlantic season, Arthur. The storm had been forecasted to dump up to 10 inches of rain over Belize and up to 15 inches in isolated areas. Arthur had devastating effects on Belize, particularly the southern regions where bridges collapsed and lives were lost. It was in the aftermath of such devastation that Belize faced TD16. The consequence of TD16 is what falls under the purview of this assessment.

Pricing and spread components at the Lima Stock Exchange

This paper analyses three aspects of the share market operated by the Lima Stock Exchange: (i) the short-term relationship between the pricing, direction and volume of order flows; (ii) the components of the spread and the equilibrium point of the limit order book per share, and (iii) the pricing, order direction and trading volume dynamic resulting from shocks in the same variables when lagged. The econometric results for intraday data from 2012 show that the short-run dynamic of the most and least liquid shares in the General Index of the Lima Stock Exchange is explained by the direction of order flow, whose price impact is temporary in both cases.

Jamaica: Macro-socio-economic assessment of the damage done by flood rains and landslides May 2002

This assessment was prepared for the Government of Jamaica following the significant damages to social and economic infrastructure and productive sectors as a result of a period of sustained and unusual rainfall associated with the convergence of a tropical wave over Jamaica and an area of high pressure to the north of the island resulting in periods of heavy and sustained rainfall over the period May 22 – June 2, 2002. A request for technical assistance was directed to the Economic Commission for Latin America and the Caribbean (ECLAC) Subregional Headquarters for the Caribbean, on May 31, by the Planning Institute of Jamaica. In view of the recent training provided by the ECLAC Caribbean team in the use of the ECLAC methodology to a multi-disciplinary group of 58 persons spanning several sectors, it was felt that this event, while most unfortunate, nonetheless provided an opportune moment for the Jamaican “trainees” to utilize the skills transferred and to apply the methodology which had been taught. Consequently, ECLAC fielded a team of five persons a few days after the request had been made , to give the Jamaican counterpart team the opportunity to collect data of the type and using an approach well suited to the preparation of assessments such as this.

Estructura productiva y vulnerabilidad externa: un modelo estructuralista stock-flujo consistente

En este trabajo se reúnen los aportes de diferentes escuelas de pensamiento para construir un modelo que permita representar la dinámica macroeconómica de los países latinoamericanos. Para ello se parte de la estructura provista por los modelos stock-flujo consistentes de la tradición post keynesiana, a la cual se incorpora una matriz insumo producto y una serie de aportes de naturaleza estructuralista. Una vez construido el modelo, se introducen las modificaciones necesarias para describir cuatro tipos de estructuras productivas presentes en la región: países agroindustriales, petroleros, mineros y maquiladores. Luego, se simulan una serie de shocks a fin de evaluar el impacto diferencial de los mismos sobre el crecimiento, la distribución del ingreso y la sustentabilidad externa, bajo la sospecha de que la estructura productiva determina en gran parte la vulnerabilidad de cada país frente a los eventuales shocks a los que se exponen en un mundo globalizado. En función de los resultados hallados, se pueden pensar mecanismos que contribuyan a mitigar el impacto de los shocks o en estrategias que promuevan el cambio estructural.