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The rise and fall of Argentina's currency board illustrates the extent to which the advantages of hard pegs have been …-growth-debt trap, into which Argentina fell at the end of the 1990s, precipitated a run on the currency and the banks, followed by the …
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or on the general acceptance by society of the distributional status quo of assets and/or income. Although Argentina … task for Argentina …
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remedies for Argentina …
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- Argentina and Hong Kong. Despite the presumed rigidity of currency boards, currency premium is almost always positive and at …
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In this paper I discuss in what way, if any, the collapse of Argentina's experience with a currency board has affected …
Persistent link: https://www.econbiz.de/10013323989
This paper provides an overview of the major economic events in Argentina from the adoption of the convertibility plan … currency board and capital flows, and the inescapable link between fiscal and monetary policy. Argentina inadvertently entered … the late 1990s, when Argentina went into recession, it required some sort of stimulus -- either a loosening of monetary …
Persistent link: https://www.econbiz.de/10013309250
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patterns and determinants of the currency risk premium in two currency boards -- Argentina and Hong Kong. Despite the presumed …
Persistent link: https://www.econbiz.de/10013238692
and chronic inflation such as Argentina. Interestingly, it is rarely known that one of the earliest debates on the …
Persistent link: https://www.econbiz.de/10013349951