In this paper we revisit three hypotheses, which we had proposed before, in an attempt to explain the long-run pattern of Argentine real GDP growth: (i) distributional conflicts (between the government and the private sector, and between entrepreneurs and trade unions), (ii) a permissive...

This paper explores the labor market, poverty, inequality and pro-poor growth dynamics in the recent economic crisis and recovery in Argentina. In the labor market it is possible to see the diverging experience of the economic crisis and recovery. For instance, the unemployed were more likely to...

What is the relationship between economic growth and its volatility? Does political instability affect growth directly or indirectly, through volatility? This paper tries to answer such questions using a power-ARCH framework with annual time series data for Argentina from 1896 to 2000. We show...

This paper examines changes in individual earnings during positive and negative growth periods in three Latin American economies: Argentina, Mexico, and Venezuela. We ask whether those individuals who start in the best economic position are those who experience the largest earnings gains or the...

This paper investigates the effects of financial development and political instability on economic growth in a power-ARCH framework with data for Argentina from 1896 to 2000. Our findings suggest that (i) informal or unanticipated political instability (e.g., guerrilla warfare) has a direct...

Las causas de la explosión de desempleo y de la escasa creación de empleos ocurridas en la Argentina hasta 1995 y sus perspectivas futuras son los dos hilos conductores de este documento. Aquí se presenta una interpretación que se profundiza para el caso de la Argentina.