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"This paper analyzes the effects of monetary policy and fiscal adjustment on output and unemployment in Turkey. The model on which the analysis is based accounts for rural-urban migration, a large urban informal sector, flexible exchange rates, a dollarized banking system, and interactions...
Persistent link: https://www.econbiz.de/10010522256
In 1994-98, Brazil's domestic debt grew very rapidly while remaining short in maturity. The main policy recommendations for managing this domestic debt situation: maintain a tighter fiscal stance and consider the use of inflation-linked bonds
Persistent link: https://www.econbiz.de/10010524316
), focusing on the role of competition and the institutional framework. Using a survey of banks in Argentina and Chile, the paper …
Persistent link: https://www.econbiz.de/10010520971
"This paper relaxes some key assumptions in the probabilistic approach to fiscal sustainability. First, the authors identify structural breaks over the sample period used to estimate the covariance matrix of the shocks to the debt ratios. Second, the assumption of normality of the shocks is...
Persistent link: https://www.econbiz.de/10010521050
"The authors estimate returns to schooling in urban Argentina for a 10-year period. In addition to comparable earnings …
Persistent link: https://www.econbiz.de/10010522485
driving the returns to schooling, which increased significantly in Argentina from 1992 to 2002. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522486
model. "Nonrobustness" checks (which purposely exclude some indicators) support this argument. Using data from Argentina in …
Persistent link: https://www.econbiz.de/10010522568
"Beginning in the late 1980s, Argentina implemented a series of reforms that were revolutionary in speed and scope …
Persistent link: https://www.econbiz.de/10010522613
primary school in two Latin American countries, Argentina and Colombia, as well as several comparison countries. The database …,300 students in Argentina and 5,131 students in Colombia. The emerging general pattern of results is that educational performance …' resource endowments. In an international perspective, estimated family background effects are relatively large in Argentina …
Persistent link: https://www.econbiz.de/10010522662
in Argentina and Uruguay, the authors show that market discipline is indeed quite robust once systemic risk is factored …
Persistent link: https://www.econbiz.de/10010522895