IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Una aproximación al impacto del “efecto portafolio” en los resultados de una muestra de empresas cotizantes

Listed author(s):
  • José Pablo Dapena
  • Patricio Villavicencio

Contextos inflacionarios pueden dar lugar a fuentes de ganancias o renta que no se encuentran directamente vinculadas a los aspectos operativos del foco de negocios de una firma sino más bien a los aspectos financieros, y que surgen de la administración del portafolio de activos y pasivos de la empresa. Esta renta financiera puede provenir del efecto de la inflación en los activos y pasivos monetarios, de intereses financieros por créditos a los clientes, y del efecto de la tenencia por apreciación o depreciación relativa del valor de bienes con precios propios respecto de la inflación. En el presente trabajo resumimos los principales aspectos del “efecto portafolio” y procedemos a estimar el monto de dicho efecto para un conjunto de seis empresas cotizantes en el mercado local de capitales a partir de la información contenida en los balances por el período 2012.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 530.

in new window

Length: 15 pages
Date of creation: Dec 2013
Handle: RePEc:cem:doctra:530
Contact details of provider: Postal:
Av. Córdoba 374, (C1054AAP) Capital Federal

Phone: (5411) 6314-3000
Fax: (5411) 4314-1654
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:cem:doctra:530. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Valeria Dowding)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.