This paper compares the welfare costs of business cycles in a dollarized economy to those arising in economies with different monetary arrangements. The alternative monetary policy regimes studied belong to three broad families: devaluation rate rules, inflation targeting, and money growth rate...

This review provides an overview of the United States' use of antidumping (AD) and countervailing duty (CVD) laws during the 1980-1994 period. Of particular emphasis in this review is the use of the these laws against Canada and Mexico in comparison with other similar countries. A review of the...

This dissertation is the collection of three essays aimed to evaluate the empirical performance of dynamic stochastic general equilibrium (DSGE) models in explaining the behavior of macroeconomic dynamics in emerging countries. Chapter 1, which is joint work with M. Uribe and R. Pancrazzi,...