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Interest Rates, Contagion and Capital Controls

Edwards, Sebastian - 2000

In this paper I analyze several issues related to contagion,' including its definition, recent experiences, alternative channels at work, and possible prevention mechanisms. The discussion deals with the macroeconomics implications of contagion, and concentrates on the relationship between the...

Persistent link: https://www.econbiz.de/10012470949

Macroeconomic Volatility in Latin America : A View and Three Case Studies

Caballero, Ricardo J. - 2000

Mexico …

Persistent link: https://www.econbiz.de/10012470968

Globalization, Labor Income, and Poverty in Mexico

Hanson, Gordon H. - 2005

In this paper, I examine changes in the distribution of labor income across regions of Mexico during the country …

Persistent link: https://www.econbiz.de/10012467660

Is Mexico A Lumpy Country?

Bernard, Andrew B. - 2004

Mexico's experience before and after trade liberalization presents a challenge to neoclassical trade theory. Though … industries. This heterogeneity helps to both undermine Mexico's aggregate labor abundance and motivate behavior that is more …

Persistent link: https://www.econbiz.de/10012467789

Policy-Driven Productivity in Chile and Mexico in the 1980s and 1990s

Bergoeing, Raphael - 2002

Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did … Mexico. Using growth accounting and a calibrated dynamic general equilibrium model, we conclude that the crucial determinant …

Persistent link: https://www.econbiz.de/10012469822

Exchange Rate Regimes, Capital Flows and Crisis Prevention

Edwards, Sebastian - 2001

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/10012470189

A Decade Lost and Found : Mexico and Chile in the 1980s

Bergoeing, Raphael - 2001

Chile and Mexico experienced severe economic crises in the early 1980s. This paper analyzes four possible explanations … for why Chile recovered much faster than did Mexico. Comparing data from the two countries allows us to rule out a …

Persistent link: https://www.econbiz.de/10012470198

Reform from Within

Tornell, Aaron - 1998

We present a model of endogenous institutional change that rationalizes reforms that have taken place in the context of economic crisis and drastic political change. Most of the reforms have been initiated by powerholders, even though they have ended worse off relative to the status quo. The...

Persistent link: https://www.econbiz.de/10012472305

Banks and Macroeconomics Disturbances under Predetermined Exchange Rates

Edwards, Sebastian - 1997

evidence for Chile and Mexico supports the main predictions of the model …

Persistent link: https://www.econbiz.de/10012472844

A Tale of Two Crises : Chile and Mexico

Edwards, Sebastian - 1996

observers were shocked by this turn of events. Mexico had a remarkable historical precedent: merely a dozen years earlier Chile … suffered a prophetically similar crisis. Like Mexico during the 1980s, Chile during the 1970s undertook major structural … aimed at creating a modern financial sector. In Chile, as in Mexico more than a decade later, the use of a predetermined …

Persistent link: https://www.econbiz.de/10012473039