We forecast economic activity in Argentina on a quarterly real-time basis using dynamic factors models (DFM) (Blanco et al. 2018) and evaluate their forecasting performance during the COVID19 pandemic of 2020. We compare the results of forecasts based on a pre-pandemic estimation of the...

Having a correct assessment of current business cycle conditions is one of the major challenges for monetary policy conduct. Given that GDP figures are available with a significant delay central banks are increasingly using Nowcasting as a useful tool for having an immediate perception of...

This paper makes a comparative study of the inflation dynamics of Argentina, Brazil, Chile, Colombia, Mexico and Uruguay during the 2004-2019 period. The goal is to document a number of empirical regularities that are useful for some discussions about the determinants and mechanisms of the...