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This paper examines the context of the spread of the new coronavirus, the correlation with the instability of world financial markets and the fall in oil prices, and concerns about the future of neorealist capitalism. The first part addresses several questions: was the pandemic caused by nature or by man? Can scientific research help to separate the truth from the conspiracy theses? The second part suggests that the coronavirus has imposed a de facto trickle-down economy on Reagan's trickledown economy, and shows the economic disruptions it has caused in developed and developing countries. It is concluded that a tiny virus is forcing the dominant neoliberal system to review reality by force. [ABSTRACT FROM AUTHOR]

Chamber risk of central counterpart have become one of the most important structural pillars of the financial markets in the world, both stand as a central counterparty for all transactions in capital markets and some OTC, establish schedules for operating the highly weighted Systems Robust Risk Management. This paper aims to outline the structure of this system, emphasizing on how to model the risk that these institutions take in pursuit of its objects. In this sense, the establishment of margins is established as a critical step and function of a schematic approach that integrates securities risk, stress scenarios, the most recent behavior of volatility, collateral formation, and the financial capacity of operators to settle its obligations on time. As a result, the margin / collateral, and limits on open positions is the end product of a Risk Management System to guarantee the integrity of the market. [ABSTRACT FROM AUTHOR]

The development of transactional platforms, has enabled the study of ever larger financial markets from the intraday perspective. However, we found a problem of high frequency data: the accumulation of microeconomic-noise. The following document develops, based on the methodology of Bandi and Russell 2002 and Barndorff-Nielsen and Shephard 2002, a theoretical and practical framework for tackling the problems of microeconomic noise in the estimation of diary volatility in the market for USP / COP. The conclusions of the paper point to an optimal intraday sampling spacing for 10 minutes. [ABSTRACT FROM AUTHOR]

To obtain benefits from capital globalization, it is necessary for the domestic financial market to be well-developed and regulated. This paper analyzes the effect of capital globalization on the financial system from an institutional perspective. Institutional change is produced by the market and the government and non-government agreements introduced by the financial integration. The empiric evidence suggests that capital globalization has a positive relationship with the institutional development of the financial system, because it reinforces private property rights and reduces monopolist financial markets. [ABSTRACT FROM AUTHOR]

This paper inquires into the flexibility of real assets as a quality that determines the existence of real options. It establishes an association between the types of real options and flexibility and also determines that the innovation is the dynamic force that creates new forms of flexibility. [ABSTRACT FROM AUTHOR]