Nov 2017
Author(s): Sosa, Mariano; Powell, Andrew
The July 2017 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2017 for the eight countries covered by…
Jun 2017
Author(s): Sosa, Mariano; Powell, Andrew
The February 2017 surveys of expectations conducted by Central Banks in the region, simple average growth expectations for2017 for the eight countries covered by Revela fell by 0.1% from 2.4% to 2.3…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The October 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Dec 2016
Author(s): Sosa, Mariano; Powell, Andrew
The September 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered…
Nov 2016
Author(s): Sosa, Mariano; Powell, Andrew
The August 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Oct 2016
Author(s): Sosa, Mariano; Powell, Andrew
The July 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Aug 2016
Author(s): Sosa, Mariano; Powell, Andrew
The June 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth rate expected for 2016 for the eight countries covered by…
Aug 2016
Author(s): Sosa, Mariano; Powell, Andrew
The May 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that simple average growth expectations for 2016 for the eight countries covered by REVELA…
Jun 2016
Author(s): Sosa, Mariano; Powell, Andrew
The April 2016 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that simple average growth expectations for 2016 for the eight countries covered by REVELA…
May 2016
Author(s): Sosa, Mariano; Powell, Andrew
According to the surveys conducted by Central Banks in the region, 2016 growth expectations fell by 0.1% in March compared to the previous month and inflation expectations rose by 0.1%. At the…
Mar 2016
Author(s): Sosa, Mariano; Powell, Andrew
According to the surveys conducted by Central Banks in the region, 2016 growth expectations decreased by 0.1% and inflation expectations increased by 0.2% in February. At the individual country level…
Mar 2016
Author(s): Sosa, Mariano; Powell, Andrew
According to surveys conducted by Central Banks in the region, 2016 growth expectations have decreased by 0.2% and inflation expectations have increased by 0.2% in January. At the individual country…
Feb 2016
Author(s): Sosa, Mariano; Powell, Andrew
The November 2015 surveys of expectations conducted by Central Banks with inflation targeting regimes indicate that the simple average growth expectations for 2015 for the eight countries covered by…
Aug 2013
Author(s): Tavella, Pilar; Pedemonte, Mathieu; Powell, Andrew; Cavallo, Eduardo A.
This paper proposes a new taxonomy of Sudden Stops comprised of seven categories with definitions depending on the behavior of gross and net capital flows. The incidence of different types of Sudden…
Jun 2012
Author(s): Powell, Andrew; Tavella, Pilar
This paper analyzes capital inflow surges in emerging economies from 1980 to 2005. Estimated probit models are used, which discriminate well between surges associated with banking crises or…
Nov 2011
Author(s): Powell, Andrew; Miller, Marcus; Maier, Antonia
The recent financial crisis has forced a rethink of banking regulation and supervision and the role of financial innovation. This paper develops a model where prudent banks may signal their type…
Apr 2010
Author(s): Durante, Juan José; Focke, Kurt S.; Collich, Guillermo J.; Marcel, Mario; Andersen, Torben
The Latin American and Caribbean region is highly exposed to natural disasters. The social and economic impact of these events has been historically very significant and it is showing an increasingly…
Nov 2008
Author(s): Cavallo, Eduardo A.; Powell, Andrew; Rigobón, Roberto
If rating agencies add no new information to markets, their actions are not a public policy concern. But as rating changes may be anticipated, testing whether ratings add value is not straightforward…
Dec 2007
Author(s): Powell, Andrew; Martínez, Juan Francisco
This paper analyzes alternative models for emerging sovereign ratings. Although a small number of economic fundamentals explain ratings reasonably well, variations in those economic fundamentals are…
May 2007
Author(s): Bobba, Matteo; Powell, Andrew; Della Corte, Giuseppe
Money is used as a store of value, a medium of exchange and a unit of account. Most recent analyses of currency choice in an international setting have focused on the denomination of reservesthe…