Aug 2018
Author(s): Rossi, José Luiz
This paper studies the predictive power of several proxies for liquidity in forecasting exchange rates for a set of countries from January 2001 to April 2013. The results indicate that changes in…
Oct 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…