Showing 1 - 10 of 107,742
suggests an additional factor influencing money demand in Mexico. The second result is evidence against my convertibility risk …
Persistent link: https://www.econbiz.de/10005368349
This paper presents a dynamic general equilibrium model of a small, open, monetary economy in order to analyze the short-run effects of credible stabilization plans that fix the nominal exchange rate in a regime of free convertibility. In this model inflation acts as a tax on domestic market...
Persistent link: https://www.econbiz.de/10005372571
This article documents a delay in the public release of Mexican international reserve data in the months before Mexico …
Persistent link: https://www.econbiz.de/10005360852
Five years of economic reforms had made Mexico a model for other developing nations by the end of 1993, when Mexico was … later, in December 1994, Mexico experienced a severe financial crisis, forcing it to borrow from the IMF and the United … Mexico, with some calling for renegotiation or even repeal of the agreement. Author Christopher J. Neely examines the …
Persistent link: https://www.econbiz.de/10005414835
This report provides an evaluation of the community-level effects of the Programa Nacional de Educacion, Salud, y Alimentacion (PROGRESA) using household-level data from various rounds of PROGRESA's evaluation sample (the Encuesta de Evaluacion de los Hogares [ENCEL] surveys).Other reports in...
Persistent link: https://www.econbiz.de/10004997223
This report provides an evaluation of the community-level effects of the Programa Nacional de Educacion, Salud, y Alimentacion (PROGRESA) using household-level data from various rounds of PROGRESA's evaluation sample (the Encuesta de Evaluacion de los Hogares [ENCEL] surveys).Other reports in...
Persistent link: https://www.econbiz.de/10005037823
Inflation targeting (IT)--a policy framework that directly targets an explicit inflation goal--has gained widespread attention recently as it has been adopted by several OECD countries. There is a growing body of literature on the ultimate long-term benefits of price stability and on theoretical...
Persistent link: https://www.econbiz.de/10005368189
We argue that the Great Inflation experienced by both the United Kingdom and the United States in the 1970s has an explanation valid for both countries. The explanation does not appeal to common shocks or to exchange rate linkages, but to the common doctrine underlying the systematic monetary...
Persistent link: https://www.econbiz.de/10004973896
Persistent link: https://www.econbiz.de/10005490379
Persistent link: https://www.econbiz.de/10005415162