Dollar strength, peso vulnerability to sudden stops: a perfect foresight model of Argentina's convertibility

This paper presents a model designed to study the dynamic response of the economy under a fixed peg to the dollar to an international (and exogenous) real appreciation of the dollar, when there is wage and price stickiness, perfect capital mobility subject to sudden stops, and predominantly dollar d...

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Detalles Bibliográficos
Autor principal: Escudé, Guillermo
Formato: Objeto de conferencia
Lenguaje:Inglés
Publicado: 2004
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Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/3798
http://www.depeco.econo.unlp.edu.ar/jemi/2004/trabajo10.pdf
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