Showing 1 - 10 of 538
Persistent link: https://www.econbiz.de/10005013118
undiversified portfolios might no longer be systemic from the standpoint of large international banks. ; Argentina's experience … depositors. The "bad news" from Argentina, this article argues, is that depositors in emerging markets may not reap the full … behind the limited-liability feature. The authors examine the new evidence that Argentina's recent experiences provide and …
Persistent link: https://www.econbiz.de/10005360996
Currently, Argentina is experiencing what the government describes as a "great depression." Using the "Great … of both the boom in Argentina in the 1990s and the subsequent depression were changes in productivity, rather than …
Persistent link: https://www.econbiz.de/10005367659
The Tequila Effect hypothesis states that the economic crisis that affected several South American countries in 1995 was caused by an exogenous capital flight triggered by the loss of confidence of foreign investors after the collapse of the Mexican peso in December 1994. I analyze the recent...
Persistent link: https://www.econbiz.de/10005368479
.S. dollar. Since 1991, Argentina has backed its currency with 100 percent reserves and successfully pegged it to the dollar. In …-fledged dollarization might offer a solution to recurring crises that are partly driven by expectations that Argentina might abandon its peg. …
Persistent link: https://www.econbiz.de/10005373293
In the midst of a serious macroeconomic crisis Argentina implemented a large social program – the Programa Jefes de …
Persistent link: https://www.econbiz.de/10005384960
In this paper I argue that political-economy considerations –and in particular the identity of the reformers- are central to understanding the Argentine crisis. During the 90´s the main political parties remained attached to populism, and no strong party emerged at the center of the political...
Persistent link: https://www.econbiz.de/10005207892
We identify characteristics that affect firms' ability to learn from their export activities. Our analysis is based on a panel of Argentinian firms spanning 1992-2001 and we employ Granger causality tests, propensity score matching techniques and GMM regressions. The characteristics we find to...
Persistent link: https://www.econbiz.de/10005086706
explain the failure of the Argentina CB? We test, in a co-integration model adapted for panel data, the efficiency of the CB … rule to run the monetary policy. We conclude that in some situations, as Argentina bi-monetarism, the monetary policy could …
Persistent link: https://www.econbiz.de/10005016615
This paper documents the income distribution changes experienced by Argentina during the last decades. Inequality … have shaped Argentina’s income distribution: deep macroeconomic crisis and periods of openness and integration. The … particular severity of the income distribution changes in Argentina. …
Persistent link: https://www.econbiz.de/10005021996