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Institutional causes of macroeconomic volatility

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Stabilization and its discontents : Argentina's economic restructuring in the 1990s

Pastor, Manuel; Wise, Carol - In: World development : the multi-disciplinary … 27 (1999) 3, pp. 477-503

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Economic recovery from the Argentine Great Depression : institutions, expectations, and the change of macroeconomic regime

Della Paolera, Gerardo; Taylor, Alan M. - 1998

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Economic Recovery from the Argentine Great Depression : Institutions, Expectations, and the Change of Macroeconomic Regime

Paolera, Gerardo della - 2000

This work explores how Argentina overcame the Great Depression and asks whether active macroeconomic interventions made …-standard orthodoxy after the final suspension of convertibility in 1929. As elsewhere, fiscal policy in Argentina was conservative, and …

Persistent link: https://www.econbiz.de/10012471138

Economic Recovery from the Argentine Great Depression : Institutions, Expectations, and the Change of Macroeconomic Regime

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Persistent link: https://www.econbiz.de/10013221515

Institutional Causes of Macroeconomic Volatility

Barseghyan, Levon; DiCecio, Riccardo - 2008

We investigate the relation between the quality of institutions and macroeconomic volatility. Using instrumental variable regressions, we show that higher barriers to entry lead to higher volatility. In particular, a one standard deviation increase in entry costs increases the standard deviation...

Persistent link: https://www.econbiz.de/10014216941