Jul 2012
Author(s): Ramos Martínez, Alejandro; Gayá, Romina; Campos, Rosario; Michalczewsky, Kathia
El objetivo de este trabajo es reseñar distintos marcos teóricos para el análisis de las zonas de procesamiento de exportaciones (ZPE). Como no existe una teoría específica de esta herramienta de…
Dec 1998
Author(s): Stein, Ernesto H.; Streb, Jorge M.
This paper presents a rational political budget cycle model for an open economy, in which devaluations are delayed in the pre-election period so as to increase the electoral chances of the party in…
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…