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What did structural adjustment adjust? : The association of policies and growth with repeated IMF and World Bank adjustment loans

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Does income inequality raise aggregate saving?

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Pricing currency risk under currency boards

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Verifying exchange rate regimes

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Assessing the degree of international consumption risk sharing

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Openness, specialization, and the external vulnerability of developing countries

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Pricing currency risk under currency boards

Schmukler, Sergio L.; Servén, Luis - In: Journal of development economics 69 (2002) 2, pp. 367-391

Currency risk is one of the two components of the total interest rate differential. Hard pegs, such as currency boards, are meant to reduce or even eliminate currency risk, thus reducing domestic interest rates. This paper investigates the patterns and determinants of the currency risk premium...

Persistent link: https://www.econbiz.de/10015122641

Inequality does cause underdevelopment: Insights from a new instrument

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What did structural adjustment adjust?

Easterly, William - In: Journal of development economics 76 (2005) 1, pp. 1-22

Persistent link: https://www.econbiz.de/10007427218