Dec 2010
Author(s): Marcel, Mario; Tapia Troncoso, Waldo
Los efectos de la reciente crisis financiera internacional en los fondos de pensiones de América Latina muestran que ésta no solo ha afectado su rentabilidad sino que también la densidad de las…
Feb 2008
Author(s): Mednik, Matias; Rodríguez, César; Ruprah, Inder J.
This paper tests the hysteresis hypothesis in unemployment for 13 Latin American countries covering the period 1980-2005. The tests exploit the time series and the cross sectional variation of the…
Jul 1995
Author(s): Stein, Ernesto H.; Streb, Jorge M.
High inflation economies often do not exhibit smooth inflationary processes, but rather stop-go cycles. This paper relates these stop-go episodes of inflation to a political cycle. The government can…