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14. Financial Crises, Institutions, and the Macroeconomy
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Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments xi
- Preface xiii
- 1. An Introduction to Roberto Frenkel’s Contributions to the Economic Ideas in Latin America 1
-
Part 1. Pricing Decisions, Inflation, and Stabilization
- 2. Markups Under Uncertainty: Variations on Price Decisions in High Inflation 23
- 3. Financial Fragility, Price Indexes, and Investment Financing 47
- 4. Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes: A Computable General Equilibrium Evaluation 57
- 5. Monetary Policy and External Shocks in a Semidollarized Economy 83
-
Part 2. Economic Development in Latin America
- 6. The Chilean Economy Since the Global Crisis 111
- 7. Disequilibria and Risk Premia: Argentina’s Experience During the 2000s from a Latin American Perspective 134
- 8. Labor Market and Income Distribution in Latin America in Times of Economic Growth: Advances and Shortcomings 159
- 9. Accounting for the Rise and Fall of Brazil’s Growth After World War II 188
-
Part 3. The Real Exchange Rate, Balance of Payments, and Economic Development
- 10. Balance-of-Payments Dominance: Implications for Macroeconomic Policy 211
- 11. The Real Exchange Rate, the Real Wage, and Growth: A Formal Analysis of the “Development Channel” 229
- 12. The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels 250
-
Part 4. Finance and Crises
- 13. Capitalism and Financial Crises: A Long-Term Perspective 271
- 14. Financial Crises, Institutions, and the Macroeconomy 287
- 15. United States Size Distribution and the Macroeconomy 1986–2009 311
- 16. Sovereign Credit Risk in Latin America and Global Common Factors 333
-
Part 5. Approaches to Development
- 17. Cognitive Dissonance: Postwar Economic Development Strategies and Bretton Woods International Financial Stability 357
- 18. New Developmentalism as a Weberian Ideal Type 373
- List of Contributors 385
- Index 389
Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments xi
- Preface xiii
- 1. An Introduction to Roberto Frenkel’s Contributions to the Economic Ideas in Latin America 1
-
Part 1. Pricing Decisions, Inflation, and Stabilization
- 2. Markups Under Uncertainty: Variations on Price Decisions in High Inflation 23
- 3. Financial Fragility, Price Indexes, and Investment Financing 47
- 4. Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes: A Computable General Equilibrium Evaluation 57
- 5. Monetary Policy and External Shocks in a Semidollarized Economy 83
-
Part 2. Economic Development in Latin America
- 6. The Chilean Economy Since the Global Crisis 111
- 7. Disequilibria and Risk Premia: Argentina’s Experience During the 2000s from a Latin American Perspective 134
- 8. Labor Market and Income Distribution in Latin America in Times of Economic Growth: Advances and Shortcomings 159
- 9. Accounting for the Rise and Fall of Brazil’s Growth After World War II 188
-
Part 3. The Real Exchange Rate, Balance of Payments, and Economic Development
- 10. Balance-of-Payments Dominance: Implications for Macroeconomic Policy 211
- 11. The Real Exchange Rate, the Real Wage, and Growth: A Formal Analysis of the “Development Channel” 229
- 12. The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels 250
-
Part 4. Finance and Crises
- 13. Capitalism and Financial Crises: A Long-Term Perspective 271
- 14. Financial Crises, Institutions, and the Macroeconomy 287
- 15. United States Size Distribution and the Macroeconomy 1986–2009 311
- 16. Sovereign Credit Risk in Latin America and Global Common Factors 333
-
Part 5. Approaches to Development
- 17. Cognitive Dissonance: Postwar Economic Development Strategies and Bretton Woods International Financial Stability 357
- 18. New Developmentalism as a Weberian Ideal Type 373
- List of Contributors 385
- Index 389