Showing 1 - 10 of 162
We infer determinants of Latin American hyperinflations and stabilizations by using the method of maximum likelihood to estimate a hidden Markov model that potentially assigns roles both to fundamentals in the form of government deficits that are financed by money creation and to destabilizing...
Persistent link: https://www.econbiz.de/10010292362
This Working Paper investigates the possible link between gender inequalities in the labour market and significant economic outcomes such as income growth, poverty and inequality indicators. Our analysis is based on microsimulations for eight Latin American countries. We consider four aspects of...
Persistent link: https://www.econbiz.de/10010293303
During the 1990s, conditional cash transfers (CCTs) were adopted by countries across Latin America as central elements of their poverty reduction strategies. Alongside other developments in the area of social assistance, CCTs represent an opportunity for countries to develop an integrated and...
Persistent link: https://www.econbiz.de/10010293307
This paper challenges the conventional view according to which disinflations in LAC-even from low and moderate peaks-have been carried out at no cost to output. After suggesting a new methodology that allows for long-lived effects and inflation inertia when measuring costs of disinflations,...
Persistent link: https://www.econbiz.de/10010293509
Latin American countries have always been characterised by relatively high levels of income inequality, even taking into account their degree of economic development. If such 'excess inequality' is combined with the fact that these are mostly middle-income and low-income countries, it can be...
Persistent link: https://www.econbiz.de/10011335901
El desempleo es uno de los fenómenos más temidos de nuestros tiempos. Pocos fenómenos económicos son reportados tan amplia y sistemáticamente por la prensa, y menos aún generan tal nivel de debate en la opinión pública. Hay razones para este nivel de interés. Los costos económicos de...
Persistent link: https://www.econbiz.de/10010326945
In this paper detailed information on the budget institutions of Latin American countries is collected. These institutions are classified on a hierarchical/collegial scale, as a function of the existence of constraints on the deficit and voting rules.
Persistent link: https://www.econbiz.de/10010326949
The effects of market and policy reforms on poverty and inequality in Latin America have been of considerable concern. The region continues to have relatively great income inequalities. Two different societies with the same income distribution may have different levels of social welfare because...
Persistent link: https://www.econbiz.de/10010326954
Financial turmoil is becoming a fact of life in Latin America. The 1990s have been characterized by enormous volatility in the magnitude and cost of capital flows. The correlation of capital swings across disparate countries suggests that the quality of emerging market policies in addition to...
Persistent link: https://www.econbiz.de/10010326956
This paper was prepared for the 1998 IDB/IIC Annual Meeting entitled: The Employment in Latin America: What is the Problem and Should it be Addressed? held in Cartagena, Colombia in March 1998. Despite macroeconomic stabilization and structural reforms, employment problems have persisted in...
Persistent link: https://www.econbiz.de/10010326961