There has been a global push to decrease the cost of remittances since at least 2009, which has culminated with its inclusion in the Sustainable Development Goals in 2015. Despite this effort and the emergence of new business models, remittance costs have been decreasing very slowly, disproving...

This paper presents a theoretical framework that allows a taxonomy of hyperinflation, namely: (i) bubble, (ii) weak and (iii) strong hyperinflation. The inflation tax revenue curve is used to characterize each type of hyperinflation and we use this curve to test them. The bubble and strong...

La adopción de regímenes de metas de inflación en los últimos años por parte de un buen número de países en ALC, entre otros, ha dado un fuerte impulso a las tareas de investigación, centrado principalmente en mejorar la modelación del funcionamiento de la economía para lograr un...