Showing 1 - 10 of 327
We use new manufacturing GDP time series to examine the industrialization in Argentina, Brazil, Chile, and Colombia …
Persistent link: https://www.econbiz.de/10012926416
Argentina, Chile, Uruguay and Greece. The results suggest that the haircut imposed by Argentina in its 2005 restructuring (75 …
Persistent link: https://www.econbiz.de/10013027684
statement, we compare the polar cases of Chile and Argentina. While Chile exhibited a significant economic slowdown after August …. We attribute their difference to the fact that Chile is more open to trade than Argentina, and that it appears to suffer … 1998, it did not suffer the excruciating collapse suffered by Argentina, where even the payments system came to a full stop …
Persistent link: https://www.econbiz.de/10013222318
the type Chile implemented throughout most of the 1990s reduce a country's vulnerability to contagion. I also deal, albeit … presented in this paper shows that the effectiveness of Chile's controls on inflows has often been overstated. Indeed, Chile was …
Persistent link: https://www.econbiz.de/10013231414
In this paper I analyze, within the context of the new 'financial architecture,' the relationship between exchange rate regimes, capital flows and currency crises in emerging economies. The paper draws on lessons learned during the 1990s, and deals with some of the most important policy...
Persistent link: https://www.econbiz.de/10013231996
This paper reviews recent developments in the theoretical and empirical analysis of balance-of-payments crises. A simple analytical model highlighting the process leading to such crises is first developed. The basic framework is then extended to deal with a variety of issues, such as:...
Persistent link: https://www.econbiz.de/10013239338
borrowing and renegotiation experience of five Latin borrowers (Argentina, Bolivia, Chile, Colombia, and Peru). Another goal is …
Persistent link: https://www.econbiz.de/10013239970
better economic environment. In this paper I review these sources through the recent experiences of Argentina, Chile and …
Persistent link: https://www.econbiz.de/10013324598
This study investigates the role of social networks in aligning the incentives of economic agents in settings with incomplete contracts. We study the New York City taxi industry where taxis are often leased and lessee-drivers have worse driving outcomes than owner-drivers as a result of a moral...
Persistent link: https://www.econbiz.de/10013139137
We develop a macroeconomic model with physical and human capital, human capital risk, and limited contract enforcement. We show analytically that young (high-return) households are the most exposed to human capital risk and are also the least insured. We document this risk-insurance pattern in...
Persistent link: https://www.econbiz.de/10013117121