Brazil and Mexico. Using vector error-correction models, we find that the U.S. 10-year bond yield was a key driver of long …-13. Remarkably, the propagation of shocks from U.S. long-term yields was amplified by changes in the policy rate in Brazil, but not … in Mexico. Our counterfactual analysis suggests that yields in both countries temporarily overshot the values predicted …

the long term. We illustrate its features by applying it to the LAC5 (Argentina, Brazil, Chile, Colombia and Mexico …

-income Latin American countries: Argentina, Brazil, Chile, Colombia, Mexico, and Peru. It explores the role played by several …"" within Brazil and Peru- the estimated speeds of convergence for these countries more than double after controlling for …

This paper highlights that central banks from Brazil, Chile, Colombia, Mexico, and Peru (the LA5 countries) reaped the …

This paper examines the sustainability of fiscal policy under uncertainty in three emerging market countries, Brazil …, Mexico, and Turkey. For each country, we estimate a vector autoregression (VAR) that includes fiscal and macroeconomic …

of fiscal policy on the other. Applications to Argentina, Brazil, Mexico, South Africa, and Turkey are used to illustrate …

This paper constructs new business cycle indices for Argentina, Brazil, Chile, and Mexico based on common dynamic …