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Do populismo às bandas cambiais: a evolução da política cambial no Chile de 1970 a 1999
(Editora 34, 2009-09-01)
We discuss in this paper the evolution of exchange rate policy in Chile since the seventies, with special attention to overvaluation and undervaluation cycles. Following a recent literature that argues in favor of competitive ...
New-Structuralist Exchange-Rate Policy and the Pattern of Specialization in Latin American Countries
(Roma Tre Università degli studi. Centro di Ricerche e Documentazione Piero Sraffa, 2018-02)
The present article critically examines the transmission channels between the real ex-change rate and output growth adduced by the so-called New-Structuralist doctrine. It is shown that the assumptions under which the ...
Economic growth regimes in Brazil: empirical evidence and policy implications
(2012)
This article investigates the growth regime prevailing in the Brazilian economy from 2001 to 2009 by presenting a theoretical model that underpins the empirical research concerning the Brazilian economy. The results show ...
Why Does Monetary Policy Respond to the Real Exchange Rate in Small Open Economies? A Bayesian Perspective
(Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2015)
Institutions, credibility and crisis: The inconsistencies of Argentine exchange rate policy (1991-2006)
(Centro de Economia Política, 2014-12)
The purpose of this article is twofold. The first is to explain the time inconsistencies of the convertibility regime that led to the 2001 crisis. The argument suggests that the credibility requirements for convertibility ...
Hybrid Inflation Targeting Regimes
(Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2015)