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Date issued:
11月 1995
Generative AI enabled
Generative AI enabled
Baumol (1967) showed that the rate of growth of an economy slows down if a sector has lower productivity than others and the demand between goods is inelastic. This paper points out that trade is…
Date issued:
10月 1995
Generative AI enabled
Generative AI enabled
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…
Date issued:
9月 1995
Homero Aridjis (1940-), Mexican poet, diplomat and author of over 25 books of poetry, founder of the environmental Group of 100, awarded by the United Nations.
Date issued:
9月 1995
Homero Aridjis (1940-), poeta mexicano, diplomático y autor de más de veinticinco libros de poesía, ganador del Premio Global 500, otorgado por las Naciones Unidas.
Date issued:
9月 1995
Thirty-eight works including drawings, photographs and paintings that illustrate the life and times of artist Pedro Figari in Montevideo, Uruguay; from Montevideo's National Library, the Juan…
Date issued:
9月 1995
Generative AI enabled
Generative AI enabled
This paper presents a test to discriminate among behaviors of producers of exhaustible resources. The behavior of a competitive producer of an exhaustible resource should follow an Euler equation.…
Date issued:
9月 1995
Twenty artworks by Latin American artists, from the IDB Collection.
Date issued:
8月 1995
Generative AI enabled
Generative AI enabled
This paper reviews modern techniques for estimating the benefits of goods which are not bought and sold in markets, paying special attention to the kinds of empirical studies that applied economists…
Date issued:
8月 1995
Generative AI enabled
Generative AI enabled
In this post-modern world of high capital mobility, countries are being disciplined by the anonymous capital market. One view of the situation -perhaps the prevalent view among economists- is that…
Date issued:
8月 1995
Generative AI enabled
Generative AI enabled
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…