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The role of model uncertainty and learning in the U.S. postwar policy response to oil prices

Rondina, Francesca - Departament d'Economia i Història Econòmica, … - 2010

This paper studies optimal monetary policy in a framework that explicitly accounts for policymakers' uncertainty about the channels of transmission of oil prices into the economy. More specfically, I examine the robust response to the real price of oil that US monetary authorities would have...

Persistent link: https://www.econbiz.de/10008574229

Inward FDI and economic growth nexus : a case of emerging Brazil from Latin America

Kayani, Farrukh Nawaz; Al-Ammary, Omar Mahmoud; Misbah Sadiq - In: Scientific papers of the University of Pardubice 29 (2021) 3, pp. 1-7

. Inward FDI is considered as one of the important catalysts of economic development particularly for the resource and capital … poor countries. In this article we have examined the relationship between inward FDI and economic growth in case of one of … variables like inward FDI, per capita Gross Domestic Product (GDP), employment, capital formation, and exports for the period …

Persistent link: https://www.econbiz.de/10013205977

The Argentina Paradox: Microexplanations and macropuzzles

Taylor, Alan M. - In: Latin American Economic Review 28 (2018) 1, pp. 1-17

The economic history of Argentina presents one of the most dramatic examples of divergence in the modern era. What happened and why? This paper reviews the wide range of competing explanations in the literature and argues that, setting aside deeper social and political determinants, the various...

Persistent link: https://www.econbiz.de/10011994330

Progreso tecnológico, acumulación de capital y crecimiento en América Latina

Vázquez Muñoz, Juan Alberto; Camacho Acevo, José Fernando - In: Investigación Económica 78 (2019) 307, pp. 3-32

This paper displays an analysis of the economic growth rates of Argentina, Brazil, Chile and Mexico during the period 1961-2017. Explanations related to total factor productivity and to capital ac- cumulation are here contrasted in a context of growth external constraint. The following...

Persistent link: https://www.econbiz.de/10012217593

Latin America and the Global Financial Crisis

Ocampo, José Antonio - 2010

The current world economic crisis has hit Latin America very hard. Although financial conditions have deteriorated, particularly since September 2008, the financial shock has been less severe than during the two previous crises. Thanks to improvements in external balance sheets, there has been...

Persistent link: https://www.econbiz.de/10013152285

Launching Export Accelerations in Latin America and the World

Cerra, Valerie - 2017

This paper investigates the determinants of sustained accelerations in goods and services exports. Strong predictors of export takeoffs include domestic and structural indicators such as lower macroeconomic uncertainty, improved quality of institutions, a depreciated exchange rate, and...

Persistent link: https://www.econbiz.de/10012957850

Structural Change and the BOP-Constraint : Why Did Latin America Fail to Converge?

Cimoli, Mario - 2010

This paper discusses why Latin America failed to achieve sustainable convergence with the developed world since 1960 and analyses different phases of convergence and divergence using a structuralist-Keynesian approach. First, it is argued that there are critical differences between Latin...

Persistent link: https://www.econbiz.de/10013147425

Progreso tecnológico, acumulación de capital y crecimiento en América Latina

Vázquez Muñoz, Juan Alberto; Camacho Acevo, José Fernando - In: Investigación económica : revista de la Faculdad de … 78 (2019) 307, pp. 3-32

Persistent link: https://www.econbiz.de/10012000902

The Argentina Paradox : microexplanations and macropuzzles

Taylor, Alan M. - In: Latin American economic review : LAER ; official … 27 (2018), pp. 1-17

Persistent link: https://www.econbiz.de/10011885743

Croissance et inflation en Argentine sous les mandatures Kirchner

Salama, Pierre - UN - RCE - CID - 2011

Depuis 2003, le taux de croissance du PIB a été plus élevé en Argentine qu’au Brésil. L’Argentine renoue avec une industrialisation soutenue alors que Brésil connait une tendance à la désindustrialisation. Le taux d’investissement a augmenté, mais insuffisamment, les pressions sur...

Persistent link: https://www.econbiz.de/10011276504