Working Pappers Series
By year of publication



2006

Monetary Policy and the Informal Sector. Atanas Kolev, Jesús E. Morales P. Working Pappers N° 75.
Keywords : Informal sector; Shadow economy; Monetary policy.
JEL clasification: O17, O23, E52

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Macroeconomic Risk Evaluation of International Reserves in Venezuela. Carolina Pagliacci y Elizabeth Ochoa. Working Pappers N° 74.
Keywords: uncertainty and risk, international reserves, currency crisis, optimal reserves, forecasting and simulation
.
JEL clasification: D81, C51, F31, F32, F41, F47

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Income and Consumption Insurance in Latin America: The Role of Transfers, Fiscal Policy and Indebtedness. Adriana Arreaza Coll. Working Pappers N° 74.
Keywords: Latin America, Income Insurance, Risk Sharing, Government
Deficits, International Capital Markets.

JEL clasification: E21, G15, H60, F20

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2005



Interest rate rules Vs money growth rules: some theoretical issues and an empirical application for Venezuela.
Víctor Olivo, Working Pappers N° 68.
Keywords: Monetary policy, Interest rate rules, Monetary aggregates rules, Inflation variance, Output variance.

JEL clasification: E52

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The bank lending channel in venezuela: evidence from bank level data. Adriana Arreaza Coll, Eduardo Torres, Eugenia Santander. Working Pappers N° 67
Keywords: Monetary ransmission mechanism, Bank loan supply, Informational frictions
JEL clasification: E44, E52, C33.

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2004



A new approach to the natural resource curse: growth or income effects?
. Reinier A. Schliesser. Working Pappers N° 58.
Keywords: Natural Resources, Economic growth
JEL clasificationL: O13, Q32, Q33

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Sources of Macroeconomic Fluctuations in Venezuela. Adriana Arreaza, Miguel Dorta. Working Pappers N° 56.
Keywords: Volatilidad y descomposición de varianza
JEL clasification: E32, E37, C32

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Testable implications of subjective expected utility theory. Eduardo Zambrano. Working Pappers, N° 53
Keywords: Intertemporal decision theory under uncertainty, testable implications, Savage-Bayesian rationality.
JEL clasification: C11, D81, D83

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2003


Inconsistency of policies and oil shocks: dynamics according to the monetary regime. Harold Zavarce, Luis A. Sosa. Working Pappers N° 45
Keywords: Consistency, monetary and fiscal policy, rules, debt
JEL clasification: E42, E52, E61, F34, E63.

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Human consumption capital, time preference and dynamics. Harold Zavarce. Working Pappers N° 44.
Keywords: Consumo, Impaciencia observable, Distribución del ingreso, Riqueza, Consumo de capital.
JEL clasification: E20, E21, E22, D31
.

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A small scale macroeconomic Model for Venezuela. Adriana Arreaza, Enid Blanco, Miguel Dorta. Working Pappers N° 43.
Keywords: Macroeconomic models, forecasting and simulation, monetary policy, Central Banking
Clasificación JEL: E1, E17, E50.

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Taylor rules and inflation targeting do not work with systematic foreign exchange market intervention. Víctor Olivo. Working Pappers N° 41.
Keywords: Reglas de Taylor, Inflación objetivo, Mercado cambiario, Régimen de flotación.
JEL clasification: E52, F31, E40, E31

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Investigating the differential impact of real interest rates and credit availability on private investment: Evidence from Venezuela. Omar A. Mendoza Lugo. Working Pappers N° 40.
Keywords: Inversión, Tasas de interés, Crédito privado, Teoría de la liberación financiera, Modelos con transición suave
JEL clasification: O16, E22, C32, C51, C52

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