This paper develops a simple structuralist model to deal with the relationships between inflation and external adjustment policies in foreign-indebted economies facing strong reversals in capital inflows. Taking Latin American experiences in the eighties as a reference, the model attempts to...

This paper assesses the impacts of the Mercosul Preferential Trade Agreement on Brazil's regions and their industries between 1990 and 2000 by means of a gravity model, extended to include dummy variables for Mercosul, for a Brazilian region and for a industry within a region. The results show...

In this paper we assess the impacts of the Mercosul preferential trade agreement on Brazil's regional trade flows by means of a gravity model, extended to include dummy variables for Mercosul and for a Brazilian region. Using panel data, we implement the model in three different ways: a pooled...

This paper develops a simple structuralist model to deal with the relationships between inflation and external adjustment policies in foreign-indebted economies facing strong reversals in capital inflows. Taking Latin American experiences in the eighties as a reference, the model attempts to...

This review-paper deals with different factors that have an effect on location decisions made by financial institutions. Emphasis is given to those factors that are specific to the financial sector and not applicable to economic activity in general.