Examinando por Materia "Price indexes"

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    Estimation of real estate asset pricing models
    (Universidad EAFIT, 2016) Arias Arbeláez, Felipe Alonso; Zuluaga Díaz, Francisco Iván
    In this project we aim to develop 4 different methods in order to estimate the real market price of 380 properties owned by Midtown Realty Group in Miami, Florida -- We used the ordinary least squares, generalized method of moments, artificial neural networks and fuzzy inference systems -- The comparison between the 4 models was made using the root mean squared errors (RMSE) with an interesting result showing that the best method to estimate housing price given our data set is the artificial neural network using the correct network architecture -- Some further work is proposed in order to make more comparison between the models and dene the best model for housing price
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    Pass-through of International food prices to domestic ination during and after the great recession: evidence from a set of Latin American economies
    (Universidad EAFIT, 2011) Tamayo Zea, Esteban; Jalil, Munir
    We examined how international food price shocks have impacted local ination processes in Brazil, Chile, Colombia, Mexico, and Peru in the past decade -- Using impulse-response analysis coming from cointegrated VARs, we wind that international food ination shocks take from one to six quarters to pass through to domestic head-line ination, depending on the country -- In addition, by calculating the elasticity of local prices to an international food price shock, we found that this pass-through is not complete -- We also take a closer look at how this type of shock affects local food and core prices separately, and asses the possibility second round effects over core ination stemming from the shock -- We wind that a transmission to headline prices does occur, and that part of the transmission is associated with rising core prices both directly and through possible second round effects, which implies a role for monetary policy when such a shock takes place -- This is especially relevant given that international food prices have recently been on an upward trend after falling considerably during the Great Recession