Artículo de revista

Artículo de revista ; La creciente integración real y financiera de las economías a escala mundial hace necesaria la existencia de mecanismos supranacionales para hacer frente a situaciones de crisis. El Fondo Monetario Internacional (FMI) es la institución multilateral que está en el...

Artículo de revista ; Given the growing real and financial integration of economies worldwide, there is a need for the presence of supranational mechanisms to address crisis situations. The International Monetary Fund (IMF) is the multilateral institution at the core of the global financial...

Do laws to protect borrowers curb foreclosures? This question is addressed by analysing the impact of foreclosure laws on default rates at state level in the US mortgage market. Using panel data techniques, we find a statistically significant effect of regulation on the different stages of the...

Given the growing real and financial integration of economies worldwide, there is a need for the presence of supranational mechanisms to address crisis situations. The International Monetary Fund (IMF) is the multilateral institution at the core of the global financial safety net (GFSN). The...

In this paper we compare the determinants of loan dollarisation in two emerging market regions, namely Central, Eastern and Southeastern Europe (CESEE) and Latin America, by means of a meta-analysis of 32 studies that provide around 1,200 estimated coefficients for six drivers of foreign...

Macroeconomic policy in Latin America underwent significant changes in the late nineties. Brazil is an outstanding example: inflation targeting was introduced in 1999 and a new fiscal policy framework was set up in 2000 with the Fiscal Responsibility Law. However, two elements of the Brazilian...

Do trade agreements with labor provisions affect trade differently from those without such provisions? Are their effects heterogeneous with respect to the level of development of the countries involved and the labor intensity of goods traded? In this paper we implement a state-of-the-art...