Browsing Eventos (Congresos, Conferencias, Jornadas, Coloquios, etc) by Author "Arrufat, José Luis"
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Economic activity and the terms of trade. Argentina, a case study
Buzzi, Sergio Martín; Catalano, María Victoria; Arrufat, José Luis; Díaz Cafferata, Alberto M. (2015-11)We address the influence of terms of trade (TOT) on GDP in Argentina using an 1810-2014 annual database. Eighteen multivariate VAR econometric models are estimated under diverse hypotheses for the relationship among economic ... -
Ex-ante volatility measures based on agents' expectations. An application to Argentina's tems of trade
Buzzi, Sergio Martín; Arrufat, José Luis (2017-10)In this paper we discuss the construction of volatility measures aimed to reflect the ex-ante uncertainty faced by economic agents. The most widely used volatility measure is the standard deviation of the original time ... -
Standard vs. expectation-based indices of TOT volatility in Argentina and other land-abundant countries
Arrufat, José Luis; Buzzi, Sergio Martín; Díaz Cafferata, Alberto M. (2014-11)We mean to improve upon a standing ambiguity in the meaning of "volatility", building an indicator that possesses desirable properties: it reflects unobserved ex ante uncertainty, makes reference to a time process, and ...