Access Statistics for Ignacio Velez-Pareja

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Note on the Weighted Average Cost of Capital WACC 0 1 4 30 1 6 26 136
A Practical Guide for Consistency in Valuation: Cash Flows, Terminal Value and Cost of Capital 0 0 1 10 1 2 10 76
A new approach to WACC, value of tax savings and value for growing and non growing perpetuities: A clarification 1 1 1 4 2 4 7 24
A new approach to WACC, value of tax savings and value for non growing perpetuities: a clarification 0 0 0 6 1 1 6 33
A step by step guide to construct a finacial model without plugs and circularity for valuation purposes 0 0 1 16 0 1 6 52
Actitudes hacia el riesgo. Teoria de la utilidad cardinal 0 3 6 41 8 13 46 249
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case 0 0 3 335 2 9 42 1,987
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case 0 0 1 7 1 3 12 39
Alguna evidencia sobre los costos de dificultades financieras 0 0 2 21 0 1 12 278
An Embarrassment of Riches: Winning Ways to Value with the WACC 0 0 0 4 1 2 7 31
An Integrated, Consistent Market-based Framework for Valuing Finite Cash Flows 0 0 0 1 0 1 5 22
An introduction to the cost of capital 0 2 4 46 2 6 16 106
Analisis de inversion bajo riesgo: simulacion 0 2 3 23 0 6 11 57
Analisis de portafolio 0 0 0 25 0 0 5 68
Analisis de regresion 0 1 1 67 0 3 9 282
Analisis de sensibilidad 2 6 8 290 3 10 22 954
Analisis financiero y control 1 1 6 48 2 6 22 145
Analisis financiero y control (slides) 0 3 4 33 2 6 19 99
Analytical Solution for Optimal Capital Structure in Perpetuities 0 0 0 6 2 4 5 37
Analytical solution to the circularity problem in the discounted cash flow valuation framework 0 0 1 23 0 5 21 132
Apendice de matermaticas financieras 0 0 0 3 0 2 6 23
Applicability of the Classic WACC Concept in Practice 1 2 6 69 6 7 19 140
Arboles de decision 0 0 15 271 1 3 26 808
Blind Man's Buff: On the Search of the Optimal Capital Structure 0 1 2 22 3 7 12 79
Break-Even Analysis and Operating Leverage (Análisis De Punto De Equilibrio Y Apalancamiento Operativo - in Spanish) 2 3 10 51 2 8 23 125
Calculating Betas 0 0 1 27 1 1 4 61
Calculating Betas (Cálculo De Betas. In Spanish) 0 0 2 20 0 1 7 50
Calculating tax shields from financial expenses with losses carried forward 0 1 2 18 0 1 3 135
Calculo del valor terminal y de la firma 0 0 1 8 0 2 9 72
Cash Flow Valuation in an Inflationary World. The Case of World Bank for Regulated Firms 0 0 0 5 0 2 5 39
Company Valuation in an Emerging Economy - Caldonia: A Case Study 0 0 0 14 0 1 4 41
Computer, Computer, on the Wall, Which Cost of Capital is Fairest, of Them All? 0 0 0 4 0 0 2 21
Conceptos basicos de estadistica 0 10 16 203 1 21 47 1,352
Conceptos basicos de probabilidad 0 6 7 53 6 23 34 219
Conditions for consistent valuation of a growing perpetuity 0 0 0 3 1 1 4 39
Consistency in Chocolate. A Fresh Look at Copeland’s Hershey Foods & Co Case 0 0 0 3 0 2 6 43
Consistency in Valuation: A Practical Guide 0 0 0 4 1 5 8 25
Consistent Valuation of a Finite Stream of Cash Flows with a Terminal Value 0 0 0 4 0 0 5 32
Constant leverage and constant cost of capital: a common knowledge half-truth 0 0 0 7 1 2 5 35
Constant leverage modeling: A reply to "A tutorial to the Mckinsey model for valuation of companies" 0 0 1 23 0 3 8 63
Construccion de los flujos de caja 2 4 6 37 4 6 16 110
Constructing Consistent Financial Planning Models for Valuation 0 0 1 13 0 0 13 56
Construction of Cash Flows Revisited 0 0 1 16 1 2 9 52
Corporation Income Taxes and the Cost of Capital: A Revision 1 1 3 14 3 3 7 51
Cost of Capital and Cash Flows for SMEs 0 0 8 12 2 3 25 36
Cost of Capital for Non-Traded Firms 0 0 0 17 1 2 14 69
Cost of Capital with Levered Cost of Equity as the Risk of Tax Shields 0 0 0 9 0 2 16 52
Cost of Capital, Cost of Equity and Value Without Circularity for Constant Growth Perpetuities 2 2 4 20 3 4 10 56
Cost of Equity and WACC for Perpetuities with Constant Growth 0 0 1 19 0 3 8 76
Cost of capital when dividens are deductible 0 0 0 7 3 7 15 62
Costo De Capital Y Flujos De Caja Para Pymes 1 4 13 22 3 13 37 55
Costo de capital con costo del patrimonio apalancado como el riesgo de los escudos fiscales 0 1 8 30 3 7 35 157
Costo de capital con dividendos deducibles 0 0 0 7 2 4 8 57
Costo de capital para empresas no transadas en bolsa 1 1 7 59 2 5 29 198
Cuentas de cuadre (plugs) y el principio de partida doble: construccion de estados financieros sin cuentas de cuadre y sin circularidad 0 0 2 11 0 1 8 88
Cálculo correcto y sencillo del valor a precios de mercado. Una comparación con otros métodos 0 0 3 18 2 4 14 72
De vuelta a lo basico: el costo de capital depende de los flujos de caja libre 1 1 7 27 5 7 17 72
De vuelta a lo basico: ¿calcula sus ahorros en impuestos en forma apropiada? 0 0 0 6 0 0 2 26
De vuelta a lo fundamental: perpetuidades, conocimiento generalizado y el uso del modelo de crecimiento constante de Gordon 0 1 4 18 0 4 12 65
Decisiones bajo certeza: valor del dinero en el tiempo 5 13 20 45 25 51 86 186
Decisiones bajo incertidumbre 0 3 5 26 0 5 9 66
Decisiones bajo riesgo e incertidumbre 10 21 66 208 21 71 240 733
Dividendos "potenciales" versus pagados: razones teoricas y empiricas para usar dividendos pagados. Casos de America Latina y Argentina 0 0 0 13 0 1 7 154
Do the RIM (Residual Income Model), EVA® and DCF (Discounted Cash Flow) Really Match? 1 2 2 45 2 4 14 174
EVA Performance Measurement is Faulty: So You May Be Persuaded to Switch to a Robust OEVA-TEVA Alternative 0 0 0 49 1 2 7 128
EVA(c) Made Simple: Is it Possible? 0 0 0 5 1 2 6 37
Economic Value Measurement: Investment Recovery and Value Added - IRVA 0 0 1 10 1 1 6 57
El Metodo Delphi 2 3 17 76 5 11 52 314
El mercado de acciones en Colombia: 1930-1998 0 0 0 5 0 1 5 33
El proceso de decision 0 1 5 12 0 1 8 30
El valor del dinero en el tiempo 3 8 16 58 6 17 38 195
Errores frecuentes y soluciones para la proyeccion de estados financieros 2 2 3 31 2 2 9 141
Estimación Flujos de Caja Para Evaluación de Proyectos y Valoración de Empresas 2 7 21 91 2 11 32 172
Estimating Cash Flows for Project Appraisal and Firm Valuation 1 5 10 58 6 15 73 334
Estimating the Appropriate Risk Profile for the Tax Savings: A Contingent Claim Approach 0 0 0 2 1 1 4 25
Evaluacion de proyectos en inflacion 0 0 1 26 0 0 5 77
Financial ratio analysis 4 8 86 601 9 16 136 1,008
For finite cash flows, what is the correct formula for the return to levered equity? 0 0 2 5 2 3 12 55
Forecasting Financial Statements (Slides) 1 1 3 38 2 2 11 96
Guidelines for forecasting historical financial statements for valuation purposes 0 0 1 16 0 0 4 43
Guía para la proyección de estados financieros y valoración financiera de un plan de negocios 1 3 8 82 2 6 28 297
Herramientas de Proyecciones y Proyecciones de los Estados Financieros 1 5 7 46 4 12 24 124
Hershey Chocolate in Two Flavors: Kd and Ku 0 0 0 4 0 1 7 37
How the regulator overpays investor? A simple exposition of the principles of tariff setting 0 0 0 2 0 0 3 24
Introduction to Financial Management (Introducción a la Gerencia Financiera) (Spanish) 0 3 6 31 2 12 23 83
Inversiones y presupuesto de capital 4 13 22 69 16 56 96 205
La creacion de valor y su medida 1 1 1 31 2 5 9 95
La subvencion financiera del coste de la deuda: la importancia de la pregunta en la investigacion financiera 0 0 0 2 1 1 13 43
La tasa de descuento: el costo promedio ponderado del capital 0 10 16 59 1 22 33 225
Las decisiones de inversion en la firma 0 2 4 29 0 2 7 91
Looking Forward Financial Ratio and Value Analysis (Valor de la firma y razones financieras para el análisis financiero) 0 0 3 37 2 2 12 134
Mas Alla de Las Proyecciones: El valor Terminal 0 2 8 36 1 5 23 116
Mejora de la Medición del Desempeño con el VEA (EVA) Operativo Y Total (Sharpening Performance Measurement with the Operating and Total EVA) 0 1 2 41 0 4 14 127
Metodos de pronostico 2 3 5 50 2 9 13 135
Modeling Cash Flows with Constant Leverage: A Note 0 1 2 14 1 2 10 61
Modeling the Financial Impact of Regulatory Policy: Practical Recommendations and Suggestions. The Case of World Bank 0 0 0 1 1 2 4 31
Modeling the Impacts of Inflation in Investment Appraisal 0 1 3 16 1 2 9 53
Nota sobre la elasticidad precio-demanda 0 1 1 15 1 4 20 79
Once More, the Correct Definition for the Cash Flows to Value a Firm. (Free Cash Flow and Cash Flow to Equity) 1 4 15 54 3 7 34 133
Opciones reales 0 1 4 26 0 2 7 59
Operational and Financial Leverage (Slides) 0 0 3 31 0 1 10 82
Optimal Capital Structure for Finite Cash Flows 0 0 1 17 0 2 9 67
Optimal Portfolio Selection: A Note 0 0 2 17 0 2 6 46
Optimal Portfolio Selection: A Note with a VBA Solution 2 4 7 57 3 7 13 149
Pautas para el pronostico de los estados financieros a partir de estados financieros historicos para la valoracion 1 4 11 54 2 8 35 161
Potential Dividends and Actual Cash Flows. Theoretical and Empirical Reasons for Using 'Actual' and Dismissing 'Potential'. Or: How Not to Pull Pot 0 0 0 3 1 1 4 30
Potential dividends and actual cash flows. A regional latin american analysis 0 0 0 1 0 0 6 46
Potential dividends and actual cash flows. Theoretical and empirical reasons for using ‘actual’ and dismissing ‘potential’, Or: How not to pull potential rabbits out of actual hats 0 0 0 41 1 3 8 212
Potential dividends versus actual cash flows in firm valuation 0 0 1 3 0 3 15 56
Potential dividends versus actual cash flows in firm valuation 0 0 0 53 0 1 2 175
Practical sensitivity analysis 1 2 5 25 3 10 37 110
Problemas especiales de los metodos para valorar el dinero en el tiempo 0 0 1 12 0 1 2 49
Project Evaluation in an Inflationary Environment 0 0 0 19 0 2 3 62
Proper Determination of the Growth Rate for Growing Perpetuities: The Growth Rate for the Terminal Value 0 0 7 29 0 0 11 76
Proper Solution of Circularity in the Interactions of Corporate Financing and Investment Decisions: A Reply to the Financing Present Value A 0 0 0 1 0 1 6 28
Proper valuation of perpetuities in an inflationary environment without real growth 0 0 0 1 0 0 2 25
Prospective analysis: guidelines for forecasting financial statements 0 0 4 56 6 7 22 181
Proyeccion de datos para la construccion de estados financieros 0 0 0 20 1 2 8 84
Proyeccion de la tasa de cambio de Colombia bajo condiciones de PPA: evidencia empirica y demostracion econometrica mediante VAR 0 0 2 134 1 2 11 1,101
Proyeccion de los estados financieros 0 1 4 47 1 6 23 121
Ranking Investments with Internal Rate of Return and Benefit - Cost Ratio: A Revision 0 0 0 20 0 0 3 58
Relationships with Shareholders and Creditors Financial Leverage (Relaciones con Accionistas y Acreedores. Apalancamiento Financiero) (Spanish) 0 0 0 11 0 2 7 61
Return to basics: are you properly calculating tax shields? 0 0 0 0 2 2 5 22
Return to basics: cost of capital depends on free cash flow 0 0 0 17 1 1 2 40
Return to fundamentals: perpetuities, common wisdom and the use of the gordon constant growth model 0 0 0 16 1 1 3 32
Risky Tax Shields and Risky Debt: A Monte Carlo Approach 0 0 0 5 0 0 1 33
Seleccion del Portafolio Optimo: Una Nota 1 1 1 5 1 1 5 19
Simple errors or myths in dealing with perpetuities 0 0 0 0 0 1 3 18
Solución Analítica al Problema de la Circularidad Usando Flujos de Caja Descontados 0 0 3 18 0 0 5 68
Some evidence on financial distress costs and their effect on cash flows 0 0 2 8 1 1 5 28
Some frequent mistakes and solutions when forecasting financial statements 0 0 0 6 1 1 4 43
Subsidized loan financing and its impact on the cost of capital and levered firm value 0 1 1 14 1 2 10 57
Subsidized loan financing and its impact on the cost of capital and levered firm value. A non-technical reply to "Adjustment of the WACC with subsi 0 0 1 11 2 4 15 73
Tasas de interés efectivas y nominales: el calvario de los estudiantes de finanzas 1 2 5 14 5 9 21 55
The Colombian Stock Market: 1930-1998 0 0 1 12 1 2 5 70
The Correct Definition for the Cash Flows to Value a Firm (Free Cash Flow and Cash Flow to Equity) 1 9 23 63 2 11 47 170
The Correct Discount Rate for the Tax Shield: The N-period Case 0 0 0 5 2 3 5 55
The Correct Formula for the Return to Levered Equity (for Finite Cash Flows with Zero Growth) with Respect to the M&E WACC 0 0 0 4 0 1 10 34
The Holy Grail in the Quest for Value (with Alpha Methods and Omega Theories) 0 0 1 2 3 4 5 26
The Use of Capital Cash Flow and an Alternate Formulation for WACC with Foreign Currency Debt 0 0 1 1 1 2 7 25
The Weighted Average Cost of Capital (WACC) for firm valuation calculations: A reply 1 3 6 54 1 7 22 119
The Weighted Internal Rate of Return (WIRR) and Expanded Benefit-Cost Ratio (EB/CR) 0 0 1 4 0 0 4 22
The mismatching of APV and the DCF in Brealey, Myers and Allen 8th edition of Principles of corporate finance, 2006 1 1 8 38 2 2 20 100
The tyranny of rounding errors: the mismatching of APV and the DCF in perpetuities in Brealey and Myers 6th and 7th edition of Principles of Corporate 0 0 1 5 2 3 10 53
The zero growth model with expected inflation: further insights. A consistent and inflation neutral formulation for the cost of equity 0 0 0 6 1 2 4 27
There exists circularity between WACC and value? Another solution 0 0 0 4 1 1 5 41
Timanco S. A.: Impuestos por pagar, pérdidas amortizadas, deuda en divisas, renta presuntiva y ajustes por inflación. Su tratamiento con Flu 0 0 2 12 2 3 11 87
Timanco S.A.: Unpaid Taxes, Losses Carried Forward, Foreign Debt, Presumptive Income and Adjustment for Inflation: Matching DCF and EVA© 0 0 0 4 3 3 7 52
To plug or not to plug, that is the question. No plugs, no circularity: A better way to forecast financial statements 0 0 0 7 1 2 7 26
Top 9 (Unnecessary and Avoidable) Mistakes in Cash Flow Valuation 0 0 1 7 0 1 6 36
Una Introducción Al Costo De Capital 0 3 11 80 16 48 161 493
Una aproximacion a los metodos de pronostico 0 0 1 22 1 1 7 64
Una nota sobre el costo promedio de capital 1 2 8 67 1 6 34 270
Una nota sobre el cálculo del valor con endeudamiento constante 0 0 0 7 0 1 4 23
Use of Inflation as the Basis to Estimate Nominal Increases in Prices 1 1 4 7 1 1 11 45
Valor De Los Ahorros En Impuestos Por Deuda En Colombia: Un Estudio Empírico 0 0 0 7 0 0 4 120
Valoracion de flujos de caja en inflacion. El caso de la regulacion en el Banco Mundial 0 0 0 12 0 1 6 78
Valoración de flujos de caja en inflación. El caso de la regulación en el Banco Mundial 0 0 0 24 0 0 3 134
Valoración de intangibles 0 1 1 47 2 3 4 121
Valuation of cash flows with constant leverage: Further insights 0 0 0 2 1 2 5 22
Value Added to Invested Capital (VAIC): New Financial Performance Metric and Valuation Tool 0 0 0 29 1 5 10 103
Value Creation and its Measurement: A Critical Look at EVA 0 0 1 23 0 0 8 82
WACC, Value of Tax Savings and Terminal Value for Growing and Non Growing Perpetuities 1 1 2 10 1 1 5 35
Which cost of debt should be used in forecasting cash flows? 0 1 1 6 1 5 6 31
Why We Subtract the Change in Working Capital when Defining Cash Flows? A Pedagogical Note 0 0 0 8 3 4 10 53
Will the deflated WACC please stand up? And the real WACC should sit down 0 0 1 27 2 4 14 99
With Subsidized Debt How do we Adjust the WACC? 0 0 3 19 1 3 9 65
Working Capital Management (Slides) 0 1 6 54 1 5 31 172
Working Capital Management and Financial Planning (Administración del Capital de Trabajo y Planeación Financiera) (Spanish) 1 4 11 43 3 6 16 87
¿Coinciden EVA(R) y Utilidad Economica (UE) con los metodos de Flujo de Caja Descontado en valoracion de empresas? 0 0 1 50 8 9 16 248
Total Working Papers 69 225 700 5,813 310 867 2,855 22,585


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
A Practical Guide for Consistency in Valuation: Cash Flows, Terminal Value and Cost of Capital 0 0 0 11 0 1 5 95
Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: The N-Period Case 0 0 0 16 0 1 3 133
An Embarrassment of Riches: Winning Ways to Value with the WACC 0 0 0 11 0 1 6 82
CONSTANT LEVERAGE AND CONSTANT COST OF CAPITAL: A COMMON KNOWLEDGE HALF-TRUTH 0 0 0 36 1 5 11 264
Cash Flow Valuation in an Inflactionary World. The Case of World Bank for Regulated Firms 0 0 0 10 0 1 5 94
Comment on "The value of tax shields is NOT equal to the present value of tax shields" 0 0 0 35 0 0 0 123
Company's Valuation in an Emerging Economy - Case Study TIMANCO S.A 0 0 0 0 1 4 9 57
Cost of Capital when Dividends are Deductible 0 0 0 1 1 1 4 23
Cost of Equity and Weighted Average Cost of Capital for Perpetuities, with Constant Growth 0 0 0 0 0 0 5 53
Do Personal Taxes Destroy Tax Shields? A Critique to Miller’s (1977) Proposal 1 1 1 2 2 2 3 12
Forecasting Financial Statements with No Plugs and No Circularity 0 0 0 0 1 2 7 174
POTENTIAL DIVIDENDS AND ACTUAL CASH FLOW. A REGIONAL LATIN AMERICAN ANALYSIS 0 0 0 10 0 1 4 105
POTENTIAL DIVIDENDS AND ACTUAL CASH FLOWS IN EQUITY VALUATION. A CRITICAL ANALYSIS 0 0 0 6 1 1 3 92
PROYECCIÓN DE LA TASA DE CAMBIO DE COLOMBIA BAJO CONDICIONES DE PPA: EVIDENCIA EMPÍRICA USANDO VAR 0 1 2 25 0 4 8 164
Proper Valuation of Perpetuities in an Inflationary Environment without Real Growth 0 0 0 9 0 1 4 66
Ranking and optimal selection of investments with internal rate of return and benefit-cost ratio: a revision 0 0 1 5 2 2 7 53
Tax shields, financial expenses and losses carried forward 0 0 1 5 1 1 10 26
There exists circularity between WACC and value? Another solution 0 0 0 28 1 2 7 194
WHICH COST OF DEBT SHOULD BE USED IN FORECASTING CASH FLOWS? 0 0 0 26 1 3 6 174
Total Journal Articles 1 2 5 236 12 33 107 1,984


Book File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Principles of Cash Flow Valuation 0 2 9 19 5 13 41 82
Total Books 0 2 9 19 5 13 41 82


Statistics updated 2020-11-03