Two recent papers (Gonçalves and Carvalho, 2009; and Brito, 2010) hold contradictory views regarding the role of inflation targeting during periods of disinflation. The first paper claims that inflation targeting reduces sacrifice ratios-i.e., the ratio of output losses to the change in trend...

Why is that the achievements of some disinflations from low and moderate peaks are longlived, whereas in others the gains in the inflationary front dissipate quickly? Based on an index of the sustainability of disinflations proposed in the paper, various competing explanations of what determines...

Over the last quarter of a century, inflation targeting has become a popular monetary regime. Nevertheless, empirical evaluations of IT have shown contradictory results. Part of the reason is that IT in and of itself constitutes an endogenous decision and thus needs to be properly instrumented....

El Panel Municipal del CEDE es una iniciativa del Centro de Estudios sobre Desarrollo Económico, por consolidar en una sola base de datos, información a nivel municipal. Este panel presenta información sobre características generales de los municipios, variables fiscales, de conflicto y...

Este documento presenta un breve recuento de la legislación minera en el país durante su vida republicana, esto es, desde 1829, fecha en que Simón Bolívar expidió el decreto sobre minas o Ley minera, hasta 2001, cuando se expidió el Código de Minas que rige en la actualidad. El objetivo...