differs from the prevailing wisdom in its stress on the key roles played by convertibility and an independent Central Bank …

Argentina's economic crisis has strong similarities with previous crises stretching back to the nineteenth century. A … interacts with a convertibility plan? We compare the 1929 and 2001 crises the two instances where rigid convertibility plans …-conceived approach to the problems of internal and external convertibility (or, to rephrase Gresham, bad inside money drives out good …

convertibility. It also suggests a methodology for the interpretation of monetary behavior during historical periods of … revenue by generating an inflation, but the terminal condition of a return to convertibility implies that the price level must … drop at the point of suspension of convertibility, so that there is no discontinuity at the date of resumption. We then …

Argentina and Democrat and Republican voters in the US. While income and education suggest that Peronists (in relative terms …

large-scale, natural field experiment in Argentina testing the effectiveness of information, social and economic incentives …