Results 51 to 60 of about 11,088 (144)

On the purchasing power parity for latin-american countries [PDF]

open access: yes
The purpose of this paper is to test the hypothesis of long-run purchasingpower parity (PPP) for all Latin American countries. These countries sharesimilar economic history and contagious effects from currency crises, whichmight lead to comovements in ...
Divino, Jose Angelo   +2 more
core  

On the Relevance of Open Market Operations [PDF]

open access: yes
This paper reexamines the role of open market operations for short-run effects of monetary policy in a New Keynesian framework. The central bank supplies money in exchange for securities that are discounted with the short-run nominal interest rate, while
Andreas Schabert
core  

Customary International Law: An Instrument Choice Perspective [PDF]

open access: yes, 2016
Contemporary international lawmaking is characterized by a rapid growth of “soft law” instruments. Interdisciplinary studies have followed suit, purporting to frame the key question states face as a choice between soft and “hard” law. But this literature
Helfer, Laurence R., Wuerth, Ingrid B.
core   +2 more sources

Crecimiento y financiamiento externo en América Latina [PDF]

open access: yes
(Disponible en idioma inglés únicamente) En este trabajo se trata el desempeño económico de América Latina durante la última década, y se le presta atención especial al crecimiento y al sector financiero.
Carmen Reinhart   +3 more
core  

The Role of Industrial Country Policies in Emerging Market Crises [PDF]

open access: yes
This paper considers policies of the industrialized countries, as they pertain to crises in emerging markets. These fall into three areas: (1) their own macroeconomic policies, which determine the global financial environment; (2) their role in ...
Jeffrey A. Frankel, Nouriel Roubini
core  

The middle way between flexible and fixed exchange rates [PDF]

open access: yes
This paper addresses Ihe new-orthodox view that the choice of exchange rate regime lias been hollowed out to a choice between the two comer solutions of firmly fixed and more or less freely floating exchange rates. While conceding that both these regimes
Deabes, Tosson
core   +1 more source

The elusive welfare economics of price stability as a monetary policy objective: why New Keynesian central bankers should validate core inflation [PDF]

open access: yes
The paper studies the inflation rate associated with optimal monetary and fiscal policy in a number of standard dynamic stochastic general equilibrium models with nominal price rigidities.
Buiter, Willem H.
core  

Forecasting with a Bayesian DSGE model: an application to the euro area [PDF]

open access: yes
In monetary policy strategies geared towards maintaining price stability conditional and unconditional forecasts of inflation and output play an important role. This paper illustrates how modern sticky-price dynamic stochastic general equilibrium models,
Smets, Frank, Wouters, Raf
core  

Tango with the Gringo: the hard peg and real misalignment in Argentina [PDF]

open access: yes
Between 1990 and 2001 the Argentine peso appreciated by 80 percent in real terms, and its overvaluation has been singled out as one of the main suspects in the debate on the causes of the Argentina collapse of late 2001. This paper assesses the degree of
Alberola, Enrique   +2 more
core  

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