- Research Article
- 10.1016/j.jeca.2025.e00448
Regime-switching, fiscal policy shocks and macroeconomic fluctuations in Peru
- Jun 01, 2026
- The Journal of Economic Asymmetries
- Gabriel Rodríguez + 1 more +1
Publications from 2021 to 2026
Showing 10 of 2,150 papers
Regime-switching, fiscal policy shocks and macroeconomic fluctuations in Peru
The order behind disorder: informality, power, and the resilience of a transport policy trap in Lima, Peru
Exploring drivers of organisational attractiveness – the ENATO scale for Peruvian professionals
Purpose This study aims to address a critical gap in organisational attractiveness (OA) research by developing and validating Peru’s first culturally adapted measurement model (ENATO). Design/methodology/approach This study used a mixed-methodological approach that combined qualitative and quantitative analysis. Researchers conducted interviews and expert panels to identify components of organisational attractiveness and develop an item pool. The resulting scale underwent validation through multiple exploratory and confirmatory factor analyses. Findings The results show that OA comprises four dimensions: individual beliefs, organisational beliefs, intentions and actions. The final version of the scale consists of 28 items. Research limitations/implications Although this study is limited by non-probability sampling, the Modelo de medición integral del Atractivo Organizacional (ENATO) model offers a culturally informed, multidimensional framework that extends organisational attractiveness research by integrating beliefs, intentions and actions and highlighting the contextual variability of attitudinal components. Practical implications The final scale provides organisations with a culturally adapted diagnostic tool that helps identify factors shaping employer attractiveness, enabling more targeted recruitment, onboarding and retention strategies. Originality/value To the best of the authors’ knowledge, as the first OA model tailored to Latin America, this study challenges universal assumptions about employer branding and provides organisations with a practical tool to enhance recruitment and retention in emerging markets.
Read moreEffective DC power rating of PV arrays under challenging operating conditions in desert and tropical regions
Melting ice and transforming beliefs
Magma Storage Below Sabancaya Volcano (Southern Peru) Imaged by Broadband Magnetotellurics
Abstract Sabancaya volcano is one of the most active volcanoes in the Central Andes. Its ongoing eruptive process is accompanied by large‐scale deformation, with activation of the Huambo‐Cabanaconde fault system, marked by intense seismicity over an area of about 50 × 30 . We present a pilot magnetotelluric survey performed in 2022, covering the Ampato‐Sabancaya complex, Hualca‐Hualca volcano, as well as the related system of normal faults. Our three‐dimensional electrical resistivity model reveals pronounced vertical gradients and lateral contrasts at elevations above sea level, along with generally low resistivity values at depth. Seismicity at depths km below sea level predominantly occurs in a low resistivity environment: 90% of seismic events occur at resistivity values below 10 m. Two prominent electrical conductors (<0.5 and 2–4 m) are imaged at depths 11–18 km and 3–8 km, respectively. Using petrological constraints, we interpret them as the signature of the magmatic plumbing system, connecting the Hualca‐Hualca and Ampato‐Sabancaya volcanoes. The deeper conductor is inferred to represent a magma reservoir situated beneath the older Hualca‐Hualca volcano, consistent with long‐term deformation and seismicity. It is connected to the laterally offset shallow magma chamber below Sabancaya. At depth 2–10 km, a strong conductor (<0.1 m) is imaged in the Huambo‐Cabanaconde fault zone. The extremely high conductivity of this body is attributed to the abundance of ultra‐saline brines, originating from the deep magma reservoir below. We speculate that the strong seismicity cluster detected in 2013 facilitated the passage of magmatic fluids exsolved from the magma reservoir, and replenished this ultra‐conductive body.
Read morePalaeoglacier reconstruction and dynamics of Cordillera Vilcanota in the tropical high Peruvian Andes
Abstract Tropical glaciers are important indicators of climate change, provide freshwater resources for downstream communities, and form an important component of the hydrological cycle. Understanding the dynamics and patterns of behaviour of tropical palaeoglaciers is important for interpreting their sensitivities and vulnerabilities. Glacier advances in the high tropical Peruvian Andes occurred multiple times during the last glacial cycle and Holocene, leaving complex geomorphological evidence on the landscape. The substantial topographic, geological and climatic variability in this region leads to high geomorphic diversity. However, few detailed geomorphological studies have been conducted to date, leading to considerable uncertainty in the behaviours and drivers of tropical palaeoglaciers. Here, we provide a detailed geomorphological analysis of the Cordillera Vilcanota, Cusco region, southern Peru (71°W, 13.7°S), and use morphostratigraphic principles to reconstruct the former maximum icefield extent and palaeoglacier advances. Across this domain, we mapped ~23,000 features encompassing five key environments: glacier, subglacial, ice‐marginal, fluvial and lacustrine. The mapped features show evidence of both modern‐day polythermal and temperate ice margins, with low meltwater volumes leading to small‐scale glaciofluvial landform formation. However, larger moraines, beyond those well‐dated to the Younger Dryas and Antarctic Cold Reversal, assumed to represent Last Glacial Maximum and earlier advances, suggest that conditions were temperate and drained by more substantial rivers, with coupled flow of ice and till, and evidence of subglacial scouring, drumlin formation and the deposition of substantial moraines and large palaeosandar. Our reconstructed maximum icefield covers 2,660 km 2 and was drained by multiple topographically constrained ice lobes across the region. In the north, these ice lobes reached an elevation of 3,500 m asl, but were limited to above 4,500 m asl in the south, likely reflecting the dominant moisture sources. Our geomorphological mapping reveals seven clear ice margins, morphostratigraphically correlated across the study region, reflecting at least seven palaeoglacier advances during the last glacial cycle, including the Late Glacial period and the Holocene.
Read moreDrivers of drought and its propagation in the Southern Peruvian Andes
The southern Peruvian Andes is vulnerable to droughts, with impacts on agriculture and hydropower production, and wildfire frequency. Previous research has focussed on the processes controlling precipitation variability in the region, while the drivers of drought propagation, from meteorological drought to soil moisture, vegetation and hydrological drought, remain unconstrained. We analyse large-scale climate variability and daily atmospheric circulation patterns to gain new insights into the spatial-temporal variation of the processes that enhance or inhibit the development of drought and its propagation during the period 1985-2020. Across all seasons, meteorological drought is broadly driven by an upper tropospheric westerly wind anomaly and weaker convection in the western Amazon. However, the climatic processes that cause these anomalies vary in time and space. During the onset of the wet season drought is driven by La Niña, while during the termination of the wet season drought typically occurs under El Niño. Droughts are more likely when the Pacific Decadal Oscillation is in phase with the El Niño-Southern Oscillation, while the influence of tropical Atlantic sea surface temperature is variable and often weak. The propagation to soil moisture drought occurs on short timescales, typically less than a month, and is enhanced by favourable climatic conditions, while hydrological drought is buffered by catchment-scale processes. The modulation of drought propagation by vegetation cover and local hydrological processes in the southern Peruvian Andes suggests that the region may see notable benefits from a localised impact-focussed drought forecasting system.
Read moreIncorporating river morphodynamics in the characterization of key ecological system units for conservation in the western Amazon.
This study presents a novel methodology for developing a conservation Blueprint in the western Amazon, focusing on the Marañón, Napo, and Ucayali basins. Our approach highlights the critical role of fluvial integrity in shaping ecological functions and biodiversity through floodplain reshaping, habitat interconnecting across forests, and the transport and distribution of sediments, nutrients, and minerals throughout the region. We introduced two ecological attributes, the Modern Morphodynamics Index (MOR) and the Suspended Sediment Index (SSI), which together provide an improved representation of the temporal dynamics and connectivity that rivers impart to the landscape, as well as their influence on biotic dynamics. Our methodology integrates quantification and classification of biotic (five taxa) and abiotic variables across spatially nested hierarchies to assess ecological conditions and human-induced pressure. The resulting Ecological System (ES) units prioritizes areas with high ecological condition scores (i.e., high integrity) and low anthropogenic impact, enabling the development of more targeted conservation strategies. Our findings underscore (1) the value of incorporating MOR and SSI, which identify regions characterized by high dynamism and substantial sediment and nutrient loads as major drivers of biotic patterns; and (2) the urgent need for expanded species diversity surveys to better understand spatiotemporal distribution patterns across these complex river systems. Overall, this comprehensive framework offers a robust foundation for informing conservation planning and infrastructure development, supporting the long-term sustainable management of these critical Amazonian ecosystems.
Read moreEl sacrificio autoficcional como medio para la construcción del cuerpo poético
El presente trabajo pretende demostrar que una característica autoficcional supone el sacrificio como elemento clave y que culmina en la conformación de un cuerpo poético. Para ello, se ha buscado responder a la pregunta en torno a cómo la autoficción funciona como medio para generar cuerpos poéticos a partir del sacrificio en el caso de la obra de María Velasco, Talaré a los hombres de sobre la faz de la tierra. Para ello, el análisis toma la idea de que la autora brinda un personaje a partir de ella misma en la historia. Con esto se puede afirmar que la autoficción funciona como herramienta de reconocimiento impulsada por la idea de entrega a situaciones poco favorables para la construcción identitaria, lo cual permite llegar a un producto poético como resultado de una afectación artística. De esta manera, la narración de María Velasco en la obra es un ejemplo relevante y característico de este tipo de sacrificio. Así, el resultado es un cuerpo sacrificado en sentido metafórico que se hace presente a través de los procesos de escritura, la rememoración de hechos y la conformación identitaria.
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