Research Interests:
Research Interests:
Research Interests: Economics, Macroeconomics, Decision Making, Monetary Policy, Emerging Market, and 18 moreEmerging market economies, Close relationships, Labour Market, Inflation expectations, Terms of Trade, Labour Productivity, Exchange rate, Financial Market, Central Bank, Inflation Persistence, Indexation, Core Inflation, Productivity Growth, Food Price, Differentiated Products, Macroeconomic Stability, Real Wages, and Nominal Exchange Rate
Research Interests:
Research Interests:
Research Interests:
Research Interests:
... system in Chile, and the stabilisation of the economy was a crucial factor in the recovery of banks in Mexico (See contributions by Moreno, by Betancour, De Gregorio and Jara and by ... Moreover, banks share a large proportion of... more
... system in Chile, and the stabilisation of the economy was a crucial factor in the recovery of banks in Mexico (See contributions by Moreno, by Betancour, De Gregorio and Jara and by ... Moreover, banks share a large proportion of transactions amongst themselves on a daily basis ...
This paper defines current account crises as current account adjustments that occur in the aftermath of a sizable reduction in capital flows. We study the characteristics of such current account adjustments, particularly whether they are... more
This paper defines current account crises as current account adjustments that occur in the aftermath of a sizable reduction in capital flows. We study the characteristics of such current account adjustments, particularly whether they are executed through export growth or import contraction. We find significant differences between Asia and Latin America, with Asian countries adjusting through export growth and Latin