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From the 1930s to the 1980s, economic policies in Latin America epitomized the inward-looking model of development. The model emerged in the Depression, and was later codified in unorthodox economic theories. Even though economic performance was seen as disappointing by the 1960s, the...
Persistent link: https://www.econbiz.de/10012473432
From the 1930s to the 1980s, economic policies in Latin America epitomized the inward-looking model of development. The model emerged in the Depression, and was later codified in unorthodox economic theories. Even though economic performance was seen as disappointing by the 1960s, the...
Persistent link: https://www.econbiz.de/10013229349
combines the uncertainty shock idea of Bloom (2009) with a model of trade, extending the idea to the open economy. Firms import … international trade flows than in domestic activity. We confront the model with newly-compiled U.S. import data and industrial …
Persistent link: https://www.econbiz.de/10010484416
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. Firms import intermediate inputs from home or foreign suppliers, but with higher costs in the latter case. Due to fixed … the model with newly-compiled monthly aggregate U.S. import data and industrial production data going back to 1962, and …
Persistent link: https://www.econbiz.de/10010358978
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