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Skills, exports, and the wages of five million Latin American workers

Brambilla, Irene - 2010

linking the skill premium to the emerging literature on the structure of trade and development. Using data on employment and …

Persistent link: https://www.econbiz.de/10011394540

Interest Rate Volatility and Contagion in Emerging Markets : Evidence from the 1990s

Edwards, Sebastian - 2000

In this paper we use high frequency interest rate data for a group of Latin American countries to analyze the behavior of volatility through time. We are particularly interested in understanding whether periods of high volatility spillover across countries. Our analysis relies both on univariate...

Persistent link: https://www.econbiz.de/10012470937

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

Caballero, Ricardo J. - 2000

After decades of trial, error, and occasional regress the pieces of a successful Latin American economic model can be seen scattered among the leading economies of the region. The most traditional macroeconomic maladies of the emerging world - such as chronic fiscal imbalances and monetary...

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

The Cost of Job Security Regulation : Evidence from Latin American Labor Markets

Heckman, James J. - 2000

This paper documents the high level of job security protection in Latin American labor markets and analyzes its impact on employment. We show that job security policies have substantial impact on the level and the distribution of employment in Latin America. They reduce employment and promote...

Persistent link: https://www.econbiz.de/10012470977

Monetary Policy Strategies for Latin America

Mishkin, Frederic S. - 2000

The paper examines possible monetary policy strategies for Latin America that may help lock-in the gains in the fight against inflation attained by the region during the 1990s. We start by calling for a refocus of the debate about the conduct of monetary policy away from thinking that it is...

Persistent link: https://www.econbiz.de/10012471153

Latin America and Foreign Capital in the Twentieth Century : Economics, Politics, and Institutional Change

Taylor, Alan M. - 1999

Latin America began the twentieth century as a relatively poor region on the periphery of the world economy. One cause of a low level of income per person was capital scarcity. Long run growth via capital deepening requires either the mobilization of domestic capital through savings, or large...

Persistent link: https://www.econbiz.de/10012471391

International Trade and Factor Mobility : An Empirical Investigation

Goldberg, Linda S. - 1999

Foreign Direct Investment (FDI) has been growing rapidly, at a pace far exceeding the growth in international trade. Thus, a full understanding of the relationship between trade in goods and FDI is important for obtaining a complete picture of the extent and sources of international linkages. We...

Persistent link: https://www.econbiz.de/10012471592

Latin America and East Asia in the Context of an Insurance Model of Currency Crises

Chinn, Menzie D. - 1999

This paper focuses on the 1995 Latin American and 1997 East Asian crises using an insurance-based model of financial crises. First the model of Dooley (forthcoming) is described. Second, some empirical evidence for an insurance model is presented. The key variables in this approach include the...

Persistent link: https://www.econbiz.de/10012471706

Political Constraints and Sovereign Default

Azzimonti, Marina; Mitra, Nirvana - National Bureau of Economic Research - 2022

We study how political constraints, characterized by the degree of flexibility to choose fiscal policy, affect the probability of sovereign default. To that end, we relax the assumption that policymakers always repay their debt in the dynamic model of fiscal policy developed by Battaglini and...

Persistent link: https://www.econbiz.de/10012814442

Economic Development, Infant Mortality, and Their Dynamics in Latin America

Yamada, Tadashi - 1983

product of economic development in Latin American countries?Surprisingly enough, there is significant variation of economic … childhood in Latin America.The Cranger-Sims dynamic system shows that economic development in Latin America does not have strong … to support the view that medical and health technological development is the major cause of the reduction in infant …

Persistent link: https://www.econbiz.de/10012477893

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