manufacturing affiliates of U.S. multinationals in Argentina, Brazil, and Mexico. The results of these tests show that the …

This paper surveys the development and operation of the parallel exchange market in Argentina during the 1980s, and … evaluates its impact upon macroeconomic performance and policy. The historical evolution of Argentina's exchange market policies … effective enough in Argentina to allow the authorities to set the commercial exchange rate independently of the parallel market …

experiences of disinflation in Argentina and Israel. To better understand this behavior, we develop a very general model of … framework described above is used to examine the response of real interest rates to Argentina's disinflation in 1985. We show …

Argentina became highly "dollarized" during its hyperinflations of 1989 and early 1990. Although inflation has returned …­pirically, these components of dollar assets for Argentina have responded differently to recent macroeconomic shocks. ; Second …, cointegration analysis of peso money demand in Argentina finds a negative "ratchet effect" from inflation on the demand for pesos …