Jul 2016
Author(s): Borensztein, Eduardo; Queijo Von Heideken, Virginia
The effectiveness of exchange rate adjustments depends critically on the extent to which depreciations "pass through" to inflation, an effect that is known as exchange rate pass-through (…
Sep 2012
Author(s): Borensztein, Eduardo; Castilleja, Liliana; Hernaiz, Daniel; Rasteletti, Alejandro
This document analyzes the patterns of fiscal and monetary policy in five economies of the Latin American Southern Cone (Argentina, Brazil, Chile, Paraguay and Uruguay) during four episodes of…