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Macroeconomic Policy

Business cycles and macroeconomic policy coordination in Mercosur

Business cycles and macroeconomic policy coordination in Mercosur

... Mercosur macroeconomic setting indicate that focus- ing exclusively on the problem of the symmetry of business cycles may not be the best research ...monetary policy in favor of a common one with the ...

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Macroeconomic policy for full and productive employment and decent work for all: an analysis of the Argentine experience

Macroeconomic policy for full and productive employment and decent work for all: an analysis of the Argentine experience

... The default in Argentina took place one year after the IMF gave considerable support to sustain the Convertibility program in crisis. In August 2001, four months before the default, the IMF expanded by 8 billion dollars ...

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Notes on macroeconomic policy regimes in Latin America

Notes on macroeconomic policy regimes in Latin America

... orthodox macroeconomic regimes led to a paradoxical ...the macroeconomic policy regimes became to be mainly focused on inflation control and on the prevention of balance of payments crises, in a ...

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Macroeconomic policy changes in Argentina at the turn of the century

Macroeconomic policy changes in Argentina at the turn of the century

... economic policy, the Central Bank does not make any reference to the existence of a real exchange rate target, neither in the short run or in the long ...floating policy intended to maintain a competitive ...

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Essays on labor markets and macroeconomic policy

Essays on labor markets and macroeconomic policy

... monetary policy in an economy char- acterized by distortions from monopolistic competition, quadratic costs of price adjustment, and matching frictions in the labor market under deviations from the Hosios ...

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Unemployment, macroeconomic policy and labor market flexibility: Argentina and México in the 1990s

Unemployment, macroeconomic policy and labor market flexibility: Argentina and México in the 1990s

... Argentina and Mexico constitute polar opposites in the adjustment of their labor markets to the macroeconomic policies and external economic shocks of the 1990s. The most striking difference between the two ...

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Macroeconomic Policy Reforms and Economic Performance in Malawi 1960-2013

Macroeconomic Policy Reforms and Economic Performance in Malawi 1960-2013

... Government interventions are expected to address market failures; and from the viewpoint of a classical economist, the Government is expected to limit its activities to creating an enabling environment for private ...

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The real exchange rate as a target of macroeconomic policy

The real exchange rate as a target of macroeconomic policy

... Even if circumventing the trilemma is feasible in cases of excess supply of foreign currency, one may wonder about the sustainability of such a strategy. This depends on the potential cost that the central bank faces ...

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Macroeconomic fluctuations and bank behavior in Chile

Macroeconomic fluctuations and bank behavior in Chile

... in macroeconomic policy: a shift in the exchange rate regime from a pre-announced band to a float in 1999, the opening of the capital account, the full implementation of inflation targeting, as well as the ...

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... for policy-makers to avoid financing excesses with large budget deficits and imprudent expansion of the monetary base ...increased macroeconomic discipline, which would ultimately limit the size of public ...

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Essays on Macroeconomic Policies and Redistribution

Essays on Macroeconomic Policies and Redistribution

... fiscal policy by taxation and government ...monetary policy. Economic activities are regulated by macroeconomic policies, which include both fiscal and monetary ...different macroeconomic ...

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Three essays on computational finance and credit risk measurement and management.

Three essays on computational finance and credit risk measurement and management.

... based macroeconomic factors shift extensions allow for a faster and more accurate risk ...based macroeconomic factors shift enables a better sampling process and therefore it also reduces the number of ...

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MACROECONOMIC INSTABILITY IN ARGENTINA 1963-2003

MACROECONOMIC INSTABILITY IN ARGENTINA 1963-2003

... Illia was obliged to step down in June 1966 as the result of a military coup, the self-styled Argentinean Revolution. Three military regimes were successively in power over the next seven years. The first was that of ...

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Microeconomic Foundations for Macroeconomic Structure

Microeconomic Foundations for Macroeconomic Structure

... Whatever the modeling approach, the macroeconomic level allows for only the most course characterization and that applies in the present case. My analysis of Leontief’s (1958) model of growth is the first ...

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Argentina: macroeconomic performance and crisis

Argentina: macroeconomic performance and crisis

... with macroeconomic systems involving pre-set exchange rates and a passive monetary ...the macroeconomic dynamics points to the same cycle of boom, shrinkage and ...

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Essays on Monetary Policy, Wage Bargaining and Fiscal Policy

Essays on Monetary Policy, Wage Bargaining and Fiscal Policy

... fiscal policy are conducted by two in- dependent authorities, sharing the same ...fiscal policy maker chooses the fiscal gap sequen- tially, ...the policy problem in each period, in order to ...

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How Schools Do Policy. Policy Enactments in Secondary Schools

How Schools Do Policy. Policy Enactments in Secondary Schools

... En un segundo momento, los autores nos invitan a considerar el aspecto interpretativo o hermenéutico de las políticas educativas, sin reducirlas por ello a un proceso de construcción de sentido. Distinguen, así, la ...

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Financial and currency crisis in Latin America

Financial and currency crisis in Latin America

... rate policy has also had an explicit goal of FX reserve accumulation meant to protect against volatility in international financial ...This macroeconomic configuration was undoubtedly a key factor in ...

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CEPR Responds to the IMF’s Reply and Defense of Its Policies During the World Recession

CEPR Responds to the IMF’s Reply and Defense of Its Policies During the World Recession

... The countries where this occurred are shown in Figure 16, page 25 of its Review. This list turns out to include eight of the 15 countries reviewed in the paper: Ukraine, Belarus, Romania, Serbia, Bosnia and Herzegovina, ...

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OECD ECONOMIC OUTLOOK: DECEMBER 1998

OECD ECONOMIC OUTLOOK: DECEMBER 1998

... monetary policy in most of the ...of macroeconomic instruments to rebuild confidence while smoothing the worst of the current hardships faced by the populations in these ...

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