Connectedness between Sustainable Investment Indexes: The QVAR Approach DOI Creative Commons
Nini Johana Marín‐Rodríguez, Juan David González-Ruíz, Sergio Botero-Botero

и другие.

Economies, Год журнала: 2024, Номер 12(7), С. 170 - 170

Опубликована: Июль 2, 2024

We studied the relationship between sustainable investment indexes and examine whether this varies in bullish, bearish, stable financial markets. To understand issue more deeply, we analyzed connectedness three indexes—the Sustainable Impact investments, Paris-aligned stocks, green bonds indexes—using daily closing prices from 1 June 2017 to 15 April 2024, encompassing 1793 observations. used a quantile vector autoregressive (QVAR) model dynamic among considered indices. The findings indicate that investments are strongly interconnected both high low quantiles, but connection weakens significantly during periods of market stability. stocks net transmitters impacts other alternatives, while index is receiver. also observed an increase interconnectedness across all quantiles pandemic, Russia–Ukraine military conflict, changes European Union United States’ monetary policies.

Язык: Английский

Análisis tiempo-frecuencia de la incertidumbre de la política económica y su relación con los tipos de cambio: aplicación para países latinoamericanos, 2010 – 2022 DOI Creative Commons
José Aicardo Rúa, Nini Johana Marín‐Rodríguez

Lecturas de Economía, Год журнала: 2025, Номер 102

Опубликована: Янв. 1, 2025

Este artículo aporta una nueva perspectiva sobre la relación entre el índice de incertidumbre política económica (EPU) y las tasas cambio en países latinoamericanos (Brasil, Chile, Colombia México), utilizando análisis espectral Wavelet (WPS) coherencia (WCA) con datos mensuales enero 2010 a mayo 2022. Los resultados indican correlación positiva consistente EPU corto, mediano largo plazo. Estos hallazgos destacan conexión cambio, subrayando necesidad gestión cuidadosa consideración eventos políticos para promover estabilidad crecimiento económico estas naciones latinoamericanas

Процитировано

0
Dynamic Linkages Between Economic Policy Uncertainty and External Variables in Latin America: Wavelet Analysis DOI Creative Commons
Nini Johana Marín‐Rodríguez, Juan David González-Ruíz, Sergio Botero-Botero

и другие.

Economies, Год журнала: 2025, Номер 13(2), С. 22 - 22

Опубликована: Янв. 21, 2025

Wavelet coherence analysis (WCA) examines the dynamic interactions between economic policy uncertainty (EPU) in Brazil, Chile, Colombia, and Mexico key external variables, using monthly data from 2010 to 2022. The findings reveal following: (i) medium-term co-movements (4–16 months) EPU global financial indicators, including Chicago Board Options Exchange (CBOE) Market Volatility Index (RVIX), Merrill Lynch Option Estimate (RMOVE), Global (RGEPU), emphasizing sustained influence of volatility on domestic environments, particularly during turbulence; (ii) significant Climate Policy Uncertainty (RCPU) resource-dependent economies like Brazil with pronounced effects medium- long-term horizons; (iii) bidirectional relationships Brent crude oil prices (RBRENT) Mexico, where price fluctuations shape uncertainty, especially market disruptions; (iv) notable Dow Jones Sustainability World (RW1SGI) highlighting sensitivity shifts sustainability-driven markets. These results underscore need for diversification, strengthened safeguards, integrated climate risk management mitigate shocks. By exploring time–frequency dynamics uncertainties this study provides actionable insights fostering resilience stability Latin America’s interconnected while addressing vulnerabilities sustainability transitions.

Язык: Английский

Процитировано

0
Analyzing Fiscal Sustainability in Latin American Countries: A Time–Frequency Perspective DOI Creative Commons
Nini Johana Marín‐Rodríguez, Juan David González-Ruíz, Alejandro Peña

и другие.

Economies, Год журнала: 2024, Номер 12(5), С. 111 - 111

Опубликована: Май 8, 2024

This study examines fiscal sustainability in Latin American countries from a unique time–frequency perspective, focusing on Brazil, Chile, Colombia, Peru, and Mexico 1997 to 2022. Using wavelet coherence analysis, it uncovers dynamic relationships between government revenue expenditure over different time horizons, revealing varying causality patterns across periods. The findings underscore the importance of balanced planning resource allocation ensure support economic growth. research contributes deeper understanding America’s landscape provides valuable insights for policymakers, economists, stakeholders concerned with region’s stability development.

Язык: Английский

Процитировано

3
Connectedness between Sustainable Investment Indexes: The QVAR Approach DOI Creative Commons
Nini Johana Marín‐Rodríguez, Juan David González-Ruíz, Sergio Botero-Botero

и другие.

Economies, Год журнала: 2024, Номер 12(7), С. 170 - 170

Опубликована: Июль 2, 2024

We studied the relationship between sustainable investment indexes and examine whether this varies in bullish, bearish, stable financial markets. To understand issue more deeply, we analyzed connectedness three indexes—the Sustainable Impact investments, Paris-aligned stocks, green bonds indexes—using daily closing prices from 1 June 2017 to 15 April 2024, encompassing 1793 observations. used a quantile vector autoregressive (QVAR) model dynamic among considered indices. The findings indicate that investments are strongly interconnected both high low quantiles, but connection weakens significantly during periods of market stability. stocks net transmitters impacts other alternatives, while index is receiver. also observed an increase interconnectedness across all quantiles pandemic, Russia–Ukraine military conflict, changes European Union United States’ monetary policies.

Язык: Английский

Процитировано

2