Financial Policies and the World Capital Market
-
Edited by:
Pedro Aspe Armella
About this book
The essays brought together in this volume share a common objective: To bring a unifying methodological approach to the analysis of financial problems in developing, open economies. While the primary focus is on contemporary Latin America, the methods employed and the lessons learned are of wider applicability. The papers address the financial integration issue from three different perspectives. In some cases, a country study is the vehicle for an econometric investigation of a particular external linkage. In other cases, an individual country's experience suggests an economic model in which the stylized facts may be analyzed and developed. A third direction is unabashedly theoretical and formulates more general principles which are broadly applicable rather than country-specific.
Topics
-
Download PDFPublicly Available
Frontmatter
i -
Download PDFPublicly Available
Contents
vii -
Download PDFPublicly Available
Preface
ix -
Requires Authentication UnlicensedLicensed
Introduction
1 -
Requires Authentication UnlicensedLicensed
1. Stories of the 1930s for the 1980s
5 -
Requires Authentication UnlicensedLicensed
2. Optimal Economic Integration
41 -
Requires Authentication UnlicensedLicensed
3. Seigniorage and Fixed Exchange Rates: An Optimal Inflation Tax Analysis
59 -
Requires Authentication UnlicensedLicensed
4. Dollarization in Mexico: Causes and Consequences
71 -
Requires Authentication UnlicensedLicensed
5. On Equilibrium Wage Indexation and Neutrality of Indexation Policy
107 -
Requires Authentication UnlicensedLicensed
6. Real versus Financial Openness under Alternative Exchange Rate Regimes
131 -
Requires Authentication UnlicensedLicensed
7. Financing Private Business in an Inflationary Context: The Experience of Argentina between 1967 and 1980
153 -
Requires Authentication UnlicensedLicensed
8. Debt and the Current Account Deficit in Brazil
187 -
Requires Authentication UnlicensedLicensed
9. Trying to Stabilize: Some Theoretical Reflections Based on the Case of Argentina
199 -
Requires Authentication UnlicensedLicensed
10. Interest Differential and Covered Arbitrage
221 -
Requires Authentication UnlicensedLicensed
11. Capital Mobility and the Scope for Sterilization: Mexico in the 1970s
245 -
Requires Authentication UnlicensedLicensed
12. Panel Discussion: The Capital Market under Conditions of High and Variable Inflation
277 -
Requires Authentication UnlicensedLicensed
Contributors
285 -
Requires Authentication UnlicensedLicensed
Author Index
287 -
Requires Authentication UnlicensedLicensed
Subject Index
290
