15. United States Size Distribution and the Macroeconomy 1986–2009

Chapters in this book

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