The Central Banks use diffusion indexes (DIs) to synthesize information from proprietary surveys that complement official statistics generating real time proxies of the economically relevant variables. According to the evidence, the DIs closely follow the economic cycle reflected in those...

Dollarization hinders financial intermediation in domestic currency which is detrimental for economic growth and development. A broad branch of the financial dollarization literature is based on portfolio theory. Dollarization of savings portfolios is the result of optimal mean-variance...

The Central Bank of Argentina (BCRA) implements a monthly Survey of Business Economic Perspectives to capture the business climate and economic perspectives. The survey, includes both qualitative and quantitative questions on past and expected change in different economic variables of the main...