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Browsing Economia Journal by Title

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  • Engerman, Stanley L.; Sokoloff, Kenneth L. (2002-10)
    Geographic patterns in economic performance across societies have long been recognized, but there has been a recent revival of interest in them among economists. Confronted by systematic evidence of powerful empirical ...
  • Fernández-Arias, Eduardo (Brookings Institution Press, 2006-03)
    Financial dollarization is a key factor behind systemic financial fragility in Latin America. The experience shows that dedollarization can be achieved but can just as easily be missed, and worse: blunt dedollarization ...
  • Galindo, Arturo; Micco, Alejandro; Ordoñez, Guillermo (Brookings Institution, 2002-10)
    Financial liberalization is a highly controversial policy. Despite the fact that almost all the regions of the world have undergone liberalization of their financial markets, its effect on the performance of different ...
  • Musacchio, Aldo; Haber, Stephen (Brookings Institution Press, 2012-10)
    What is the impact of foreign bank entry on the pricing and availability of credit in developing economies? The Mexican banking system provides a quasi-experiment to address this question because in 1997 the Mexican ...
  • della Paolera, Gerardo; Taylor, Alan M. (Brookings Institution Press, 2003-03)
    Argentina's economic crisis has strong similarities with previous crises stretching back to the nineteenth century. A common thread runs through all these crises: the interaction of a weak, undisciplined, or corruptible ...
  • Calvo, Guillermo A. (2002-03)
    Capital inflows to emerging market economies rose to unprecedented heights in the first part of the 1990s and then collapsed very rapidly in the second. Such volatility could partly be explained by financial vulnerability ...
  • López-Córdova, Ernesto (Brookings Institution Press, 2005-10)
    This paper presents evidence suggesting that international migrant remittances generally lead to improved developmental outcomes. Using a cross-section of Mexican municipalities in 2000, I show that increases in the fraction ...
  • Galiani, Sebastián; Heymann, Daniel; Tommasi, Mariano (Brookings Institution Press, 2003-03)
    This paper studies the process that led to the Argentine crisis. The analysis concentrates on the sequence of public and private decisions, together with the varying perceptions and policy incentives that motivated them. ...
  • de Gregorio, José; Lee, Jong-Wha (Brookings Institution Press, 2004-10)
    This paper compares the experience of growth performance and macroeconomic adjustment between East Asia and Latin America from 1970 to 2000. We find that the difference in growth performance between two regions can largely ...
  • Kaufmann, Daniel; Kraay, Aart (Brookings Institution, 2002-10)
    It is well known that there is a strong positive correlation between per capita incomes and the quality of governance across countries. the authors propose an empirical strategy that allows separation of this correlation ...
  • López-Cordova, Ernesto; Micco, Alejandro; Molina, Danielken (Brookings Institution Press, 2008-03)
    This paper estimates the elasticity of substitution of U.S. imports using detailed trade data over the 1990-2003 period. The authors use a two-stage least squares framework in order to identify the elasticity parameter of ...
  • Coelho, Christiano Arrigoni; De Mello, João Manoel Pinho; Garcia, MArcio Gomes Pinto (Brookings Institution Press, 2010-04)
    Using the different response timings of credit demand and supply, we isolate supply shifts after monetary policy shocks. We show that the bank lending channel exists in Brazil: after an increase (decrease) in the basic ...
  • Thorbecke, Erik (Brookings Institution Press, 2008-10)
    This paper consists of four parts following an introduction. Section 2 analyzes and describes the main channels (transmission mechanisms) through which the process of globalization affects poverty directly and indirectly. ...
  • Torero, Máximo; Schroth, Enrique; Pasco-Font, Alberto (Brookings Institution Press, 2003-10)
    This paper analyzes how, in addition to the improvement in the performance of the firm and the quality of service, the privatization of the telecommunications industry in Peru led to price changes that had an impact on ...
  • de Carvalho, Fabia A.; Bugarin, Maurício S. (Brookings Institution Press, 2006-03)
    This paper tests the rationality of inflation forecasts surveyed in Mexico, Brazil, and Chile and identifies their recent formation rule. There is strong evidence that forecasts are unbiased, but forecasters have not been ...
  • Schmidt-Hebbel, Klaus; Werner, Alejandro (2002-03)
    Since New Zealand first adopted the regime in 1990, a growing number of industrial and developing countries have followed suit. Latin America is part of this world trend. After recording the highest inflation in the world ...
  • Hofstetter, Marc (Brookings Institution Press, 2011-10)
    In recent years, five of the main economies in Latin America -Brazil, Chile, Mexico, Colombia and Peru- have adopted Inflation Targeting regimes. In the context of these converging monetary strategies, would the IT nations ...
  • Maloney, William F.; Lederman, Daniel (Brookings Institution Press, 2008-10)
    The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidence suggests that the curse remains elusive. The fragile negative effect of ...
  • Tommasi, Mariano (Brookings Institution Press, 2006-03)
    The effects of public policies on social and economic outcomes depend on some fundamental state capacities, such as the ability to commit to a policy course; the ability to adjust policies when circumstances change; and ...
  • Fields, Gary S.; Duval Hernández, Robert; Freije, Samuel; Sánchez Puerta, María Laura (Brookings Institution Press, 2007-03)
    Economic mobility has not been widely studied in developing countries until very recently owing to the lack of suitable data. Studying mobility requires longitudinal data tracking economic units (that is, individuals, ...

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