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El Sistema Financiero Venezolano. ¿Que Compromete Su Desempeño?

Economic Analysis Review

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Field Value
 
Title El Sistema Financiero Venezolano. ¿Que Compromete Su Desempeño?
 
Creator A. Chirinos L, Ana Maria
Pagliacci, Carolina
 
Subject Dynamic factor model, macroeconomic shocks, sign restrictions, financial risk.
 
Description The objective of this paper is to empirically test the deleveraging of the Venezuelan financial system at the event of two contractive shocks, a monetary and an oil shock, and to characterize the types of risks that arise in each case. Although these shocks have similar effects on interest rates and deposits, the adverse consequences and implicit risks for the oil shock are greater, due to its shrivelling effect on real activity and public finances.
 
Publisher Universidad Alberto Hurtado - Facultad de Economía y Negocios
 
Contributor
 
Date 2014-11-03
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion


 
Format application/pdf
 
Identifier http://www.rae-ear.org/index.php/rae/article/view/412
 
Source Revista de Análisis Económico - Economic Analysis Review; Vol 29, No 2 (2014); 47-74
Revista de Análisis Económico – Economic Analysis Review; Vol 29, No 2 (2014); 47-74
0718-8870
0716-5927
 
Language spa
 
Relation http://www.rae-ear.org/index.php/rae/article/view/412/556