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The legacy of Milton and Rose Friedman's Free to choose : economic liberalism at the turn of the 21st century ; proceedings of a conference sponsored by the Federal Reserve Bank of...

Wynne, Mark A. (contributor); Rosenblum, Harvey (contributor) - 2004

Persistent link: https://www.econbiz.de/10002632308

Argentina's lost decade

Kydland, Finn E.; Zarazaga, Carlos E.J.M. - Federal Reserve Bank of Dallas - 2001

Argentina suffered a depression in the 1980s that was as severe as the Great Depression experienced in the United States and Germany in the interwar period. Our paper examines this depression from the perspective of growth theory, taking total factor productivity as exogenous. The predictions of...

Persistent link: https://www.econbiz.de/10005368124

Banking and finance in Argentina in the period 1900-35

Nakamura, Leonard; Zarazaga, Carlos E.J.M. - Federal Reserve Bank of Dallas - 2001

From 1900 to 1935, Argentina evolved from an economy highly dependent on external, primarily British, finance to one more nearly self-sufficient. We examine the failure of domestic finance to adequately fill the void left by the decline of London and the breakdown of the world financial system...

Persistent link: https://www.econbiz.de/10005498719

The credibility and performance of unilateral target zones: a comparison of the Mexican and Chilean cases

Feliz, Raul A.; Welch, John H. - Federal Reserve Bank of Dallas - 1993

Persistent link: https://www.econbiz.de/10005394373

Exchange rate uncertainty and economic growth in Latin America

McLeod, Darryl; Welch, John H. - Federal Reserve Bank of Dallas - 1993

Persistent link: https://www.econbiz.de/10005394394

Problems of testing fiscal solvency in high inflation economies: evidence from Argentina, Brazil, and Mexico

Welch, John H. - Federal Reserve Bank of Dallas - 1993

Persistent link: https://www.econbiz.de/10005514287

Is openness inflationary? Imperfect competition and monetary market power

Evans, Richard W. - Federal Reserve Bank of Dallas - 2007

Much empirical work has documented a negative correlation between different measures of globalization or openness and …

Persistent link: https://www.econbiz.de/10005367952

Globalization and monetary policy: an introduction

Martinez-Garcia, Enrique - Federal Reserve Bank of Dallas - 2008

Greater openness has become an almost universal feature of modern, developed economies. This paper develops a workhorse international model, and explores the role of standard monetary policy rules applied to an open economy. For this purpose, I build a two-country DSGE model with monopolistic...

Persistent link: https://www.econbiz.de/10005367953

Some preliminary evidence on the globalization-inflation nexus

Guilloux, Sophie; Kharroubi, Enisse - Federal Reserve Bank of Dallas - 2008

The aim of this paper is to evaluate the impact of globalization, if any, on inflation and the inflation process. We … concluded that globalization has had no significant impact, this paper highlights that trying to capture globalization effects … trade volume statistics to properly describe the impact of globalization. This leads us to adopt a more systematic approach …

Persistent link: https://www.econbiz.de/10005367957

The real exchange rate in sticky price models: does investment matter?

Martinez-Garcia, Enrique; Søndergaard, Jens - Federal Reserve Bank of Dallas - 2008

This paper re-examines the ability of sticky-price models to generate volatile and persistent real exchange rates. We use a DSGE framework with pricing-to-market akin to those in Chari, et al. (2002) and Steinsson (2008) to illustrate the link between real exchange rate dynamics and what the...

Persistent link: https://www.econbiz.de/10005367958