This paper models an inflation density forecast framework that closely resembles policymakers' actual behavior regarding the determination of the modal point, the uncertainty and asymmetry in inflation forecasts. The ...

Peru is currently undergoing negotiations for free trade agreements with the United States and various East Asian countries. Subscribing to these agreements will give Peru the opportunity to consolidate and deepen the ...

Strategic Environmental Assessment (SEA) is a tool applied ever more frequently in developed countries to take on board environmental impacts in a timely way so asto impact on decision making. lt is applied mainly to ...

This paper analyses the evidence about the impact of adopting inflation targeting (IT) on inflation dynamics in a wide range of countries. ln particular, it reports on the econometric evaluation undertaken by Vega and ...

The paper essay deals with broad issues in dealing with the historical and contemporary development of academic disciplines in the social sciences. lt draws a distinction between economics and the other “social sciences“. ...

This paper studies the interactions between majority and minority shareholders and the managers and administrators of Peruvian firms. lt focuses on these interactions by means of the principal-agent problem within a corporate ...

In this paper I study the dynamic implications of household decisions that determine fertility and human capital accumulation with a theoretical model built on that of Hazan and Berdugo (2002). The links between the ...

The paper illustrates the pro-cyclical behavior of strikes in the Peruvian private sector with the number of strikes rising with economic growth and falling in periods when the economy is in recession. In the first scenario, ...

The Peruvian government's lack of commitment in promoting the development of energy projects between 1935 and 1990 resulted in budget deficits and a scarcity of priva te investment in that sector. In the 1990s, this situation ...

The average growth of Peru GDP reached 6 per cent during the 2001-2007 period. However this growth was not in parallel with the microeconomic wellbeing. During this years, the poverty rate decreased 2.7 percentage points ...