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Integration to international capital markets is one of the key pillars of development. However, capital flows also bring volatility to emerging markets. Are there mechanisms to reap the benefits of capital flows without being hurt by their volatility? Are current practices, such as large...
Persistent link: https://www.econbiz.de/10014054224
This paper examines the reasons behind the sudden increase and the slow recovery of unemployment in Chile after the … wages to this economic shock and show that Chile exhibits substantial wage rigidity. We argue that a large increase in …
Persistent link: https://www.econbiz.de/10009021293
en la rigidez de los salarios en Chile. …
Persistent link: https://www.econbiz.de/10009367242
en la rigidez de los salarios en Chile. …
Persistent link: https://www.econbiz.de/10010653263
, drawing lessons from a detailed comparison of the response of Chile and Australia to recent external shocks and from Australia …
Persistent link: https://www.econbiz.de/10010327063
consequences of currency mismatches in Chilean non-financial firms. As in previous firm level studies for Chile, we find that in … Chile actively reduce the risks associated with exchange rate exposure by matching the currency composition of their debt …
Persistent link: https://www.econbiz.de/10010327083
vulnerability, drawing lessons from a detailed comparison of the response of Chile and Australia to recent external shocks and from …
Persistent link: https://www.econbiz.de/10005423565
detailed comparison of the response of Chile and Australia to recent external shocks and from Australia's historical experience …
Persistent link: https://www.econbiz.de/10005495328
Persistent link: https://www.econbiz.de/10005078017
Persistent link: https://www.econbiz.de/10001303602