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Superstar firms: Capital structure and effects on the distribution of corporate leverage ratios
(2022-05-11)
In this doctoral dissertation we investigate the capital structure of superstar firms and how the same forces behind their creation differentially affect peer industry firms. Using a quintile distribution of industry ...
Nominal rigidities and economic fluctuations: The case of Puerto Rico
(2022-05-10)
This paper studies the importance and impact of price and wage rigidities on economic fluctuations in Puerto Rico. To this end, a DSGE model with nominal rigidities and monopolistic competition is estimated with macroeconomic ...
Measuring the impact of oil supply and demand shocks in Puerto Rio’s economic growth
(2024-05-15)
This study measures the impact of oil supply and demand shock, and global aggregate demand shock on Puerto Rico’s economic growth. This was achieved using a four-variable Structural Vector Autoregression. Through the impulse ...