The BCRA publishes monthly an expectations survey (REM) that summaries the forecasts and projections of a group of economic analysts and consultants. The BCRA publishes only the mean, the median, and the standard deviation of the sample received. The logic for using these statistics is that all...

We use a variation on the business cycle accounting method of Chari, Kehoe and McGrattan (CKM) to study the business cycle in Argentina from 1972 to 2006. The method uses real data together with the equilibrium conditions of a prototype growth model to measure four wedges that are explained by...