Now showing items 41-43 of 43

    • The sustainability of monetary sterilization policies 

      Frenkel, Roberto (2007-12)
      The focus of this paper is on policies that set out simultaneously tocontrol the exchange rate and monetary conditions (an instrument interestrate, for example); in situations where capital mobility is unrestricted, thereis an excess supply of international currency and the central bank setstargets for the exchange rate and interest rate. The paper ...
    • United States interest rates, Latin American debt and financial contagion 

      Velloso, Helvia | Bustillo, Inés (2002-12)
      This article analyses the way in which Latin American bond spreads were affected by the changes in United States interest rates in the second half of the 1990s. Empirical analysis shows that, contrary to theory, in this period the spreads of emerging market bonds and United States interest rates moved in opposite directions; that there was financial ...
    • Wages and employment in international recessions: recent Latin American experience 

      Tokman, Víctor E. (1983-08)
      Revisa la relacion entre las variables que sintetizan el efecto de la recesion internacional en la economia de diversos paises de la region; y las politicas de ajuste seguidas por ellos, especialmente en el comportamiento de los salarios y del empleo.