Análisis Económico最新文献

{"title":"Best hedging strategies in MexDer stocks during the first year of COVID-19","authors":"Olivares Aguayo, H. Alonso, Medina Conde, Analaura","doi":"10.24275/UAM/AZC/DCSH/AE/2021V36N92/OLIVARES","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2021V36N92/OLIVARES","url":null,"abstract":"Derivatives are financial instruments that provide competitive advantages and financial options provide a margin of protection such as financial insurance The objective of the paper is to determine the best risk hedging strategy with American financial options on the shares: AMX-L, CEMEX-CPO, GMEXICO-B, TLEVISACPO and WALMEX-V that are listed on the MexDer, fifty strategies are analyzed during the first year of the COVID-19 pandemic The main limitation is constant volatility using the Cox-Ross-Rubinstein model, future research it is recommended to break this assumption by considering more robust models The results show that regardless of whether the share price rises, falls, or remains at the expiration date of the contract, it is possible to obtain profits during the pandemic (English) [ABSTRACT FROM AUTHOR] Los derivados son instrumentos financieros que proporcionan ventajas competitivas y las opciones financieras proporcionan un margen de proteccion como seguro financiero El objetivo del trabajo es determinar la mejor estrategia de cobertura de riesgos con opciones financieras americanas sobre las acciones: AMX-L, CEMEXCPO, GMEXICO-B, TLEVISA-CPO y WALMEX-V que cotizan en el MexDer, se analizan cincuenta estrategias durante el primer ano de la pandemia COVID-19 Como principal limitacion se asume volatilidad constante mediante el modelo de Cox-Ross-Rubinstein, por lo que para futuras investigaciones se recomienda romper este supuesto considerando modelos mas robustos Los resultados muestran que independientemente si sube, baja o se mantiene el precio de la accion a la fecha de vencimiento del contrato es posible obtener ganancias durante la pandemia (Spanish) [ABSTRACT FROM AUTHOR] Copyright of Analisis Economico is the property of Universidad Autonoma Metropolitana, Unidad Azcapotzalco and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission However, users may print, download, or email articles for individual use This abstract may be abridged No warranty is given about the accuracy of the copy Users should refer to the original published version of the material for the full abstract (Copyright applies to all Abstracts )","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"34 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-05-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125093577","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Las Aduanas de México: Un Análisis de Eficiencia a través de la Metodología DEA Network","authors":"Idalid Alamilla-Gachuz","doi":"10.24275/UAM/AZC/DCSH/AE/2021V36N91/ALAMILLA","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2021V36N91/ALAMILLA","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"21 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121229633","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Las Aduanas de México: Un Análisis de Eficiencia a través de la Metodología DEA Network","authors":"América I. Zamora-Torres, Irvin Gilberto Paz-Castro","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N90/ZAMORA","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N90/ZAMORA","url":null,"abstract":"The purpose of this study is to determine the efficiency with which Mexican customs operate in the framework of international trade for the period of 2017 given the outputs they generate. For which DEA Network methodology is used in two stages, presenting three models in order to identify if there is a difference in the performance of the activities corresponding to the customs services. The results show that the customs that had efficiency values given the variables considered are Acapulco, Agua Prieta, Altamira, Ciudad Camargo, Ciudad del Carmen, Coatzacoalcos, Colombia, Ensenada, Lázaro Cárdenas, Naco, Nuevo Laredo, Puebla, Puerto Palomas, Querétaro, Salina Cruz, San Luis Rio Colorado, Sonoyta, Subte. López, Torreón and Veracruz.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129082909","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Relación entre Informalidad e Integración en Cadenas Globales de Valor. El caso de Argentina(2004-2015)","authors":"Pablo Ignacio Chena, D. Noguera","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N90/CHENA","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N90/CHENA","url":null,"abstract":"Fil: Chena, Pablo Ignacio. Consejo Nacional de Investigaciones Cientificas y Tecnicas. Centro Cientifico Tecnologico Conicet - La Plata. Instituto de Investigaciones en Humanidades y Ciencias Sociales. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educacion. Instituto de Investigaciones en Humanidades y Ciencias Sociales; Argentina. Universidad Nacional de La Plata. Facultad de Humanidades y Ciencias de la Educacion. Laboratorio de Estudios en Sociologia y Economia del Trabajo; Argentina","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-08-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124006689","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Causas económicas de morosidad en la carterahipotecaria titulizada en México","authors":"Margarita María Mosso-Martínez","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/MOSSO","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/MOSSO","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"26 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130009240","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Causas, evolución y perspectivas de la guerra comercial para China","authors":"J. García","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/GONZALEZ","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/GONZALEZ","url":null,"abstract":"In the text it has analyzed the trade conflict between the United States (US) and China, its antecedents, recent evolution and the prospects for the third decade of this century, in which it * Profesor investigador titular C de tiempo completo de la Universidad de Colima. Colima, México. Correo electrónico: jgogar@ucol.mx 92 Análisis Económico, vol. XXXV, núm. 89, mayo-agosto de 2020, ISSN: 0185-3937, eISSN: 2448-6655 is considered, China will establish the bases to consolidate its long-term economic development model, supported by the economy oriented to the strengthening of its internal market. From this perspective, the economic impact that the trade war between the US and China has generated on the global Gross Domestic Product (GDP) international trade and particularly on the Chinese economy is analyzed, with a view to its goal of becoming an economic power in the XXI century. It is suggested that, in the short term, China has been more affected than the US, but in the long term, it will establish the basis for becoming a developed economy.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129382309","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Determinantes macroeconómicos de la inversión extranjera directa en México 2000-2016","authors":"H. E. Guzmán, Colegio de Postgraduados","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/ELIZALDE","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/ELIZALDE","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"133 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"127363856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Diseño de un mapa cognitivo difuso como aproximación a una estructura socioeconómica contemporánea: aportaciones desde el institucionalismo","authors":"Elsy Lizbeth Gómez Ramos","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/GOMEZ","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/GOMEZ","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"3 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128617804","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Una ilustración en el modelo MF estocásticode Mark (2000): simulación y estimación del efecto desbordamiento","authors":"Eddy Lizarazu Alanez","doi":"10.24275/UAM/AZC/DCSH/AE/2020V35N89/LIZARAZU","DOIUrl":"https://doi.org/10.24275/UAM/AZC/DCSH/AE/2020V35N89/LIZARAZU","url":null,"abstract":"By iterating the expectations, we verify that the solution of rational expectations reported by Mark (2000) is unique for the stochastic Mundell-Fleming (MF) model. In addition, with simulated data and R software, we estimate the overshooting’s Dornbusch (1976) on the stochastic MF model. In particular, the exercise suggests using some variants of the VAR estimate due to collinearity in exogenous unit root processes.","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124001108","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Diseño de un mapa cognitivo difuso como aproximación a una estructura socioeconómica contemporánea: aportaciones desde el institucionalismo","authors":"E. L. Gómez Ramos","doi":"10.24275/uam/azc/dcsh/ae/2020v35n2/gomez","DOIUrl":"https://doi.org/10.24275/uam/azc/dcsh/ae/2020v35n2/gomez","url":null,"abstract":"","PeriodicalId":127265,"journal":{"name":"Análisis Económico","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121155407","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}