Browsing Artículos y borradores de administración – Working papers by Subject "Venezuela"
Now showing items 1-1 of 1
-
Positive asymmetric information in volatile environments : the black market dollar and sovereign bond yields in Venezuela
(Elsevier Inc., 2017-10)Purpose We test the informational efficiency of Venezuelan USD sovereign bond yields when the black market exchange-rate premium (BMERP) changes. Design We use a non-parametric, asymmetric, Granger causality test to ...