Aug 2018
Author(s): Muñoz, Ercio; Rucci, Graciana; Saltiel, Fernando; Urzúa, Sergio
Inequality in Latin America fell substantially in the early 2000s. In this paper, we take advantage of administrative matched employee-employed data in Brazil, Chile and Ecuador to examine whether…
May 2017
Author(s): Gallagher, Kevin; Lagarda, Guillermo; Linares, Jennifer
The 2008 Financial Crisis and subsequent financial turbulence has triggered economists and policymakers to revisit the extent to which capital account liberalization is optimal for all countries at…
Sep 1995
Author(s): Gavin, Michael; Hausmann, Ricardo; Leiderman, Leonardo
This paper reviews recent experience with international capital flows in Latin America, and discusses the policy issues that surround them. The paper is predicated on three basic premises. Capital…
Oct 1994
Author(s): Calvo, Guillermo A.; Leiderman, Leonardo; Reinhart, Carmen M.
This paper discusses the changing pattern of capital flows to developing countries. The analysis is heavily colored by recent events. It concentrates on the principal facts, developments, and…