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One of the nest serious consequences of the debt crisis of 1982 has been the reduction in the accessibility to the world capital market for most developing countries. This situation has proved to be particularly serious for Latin American nations. At this juncture, a key question is how to...
Persistent link: https://www.econbiz.de/10012475530
borrowing and renegotiation experience of five Latin borrowers (Argentina, Bolivia, Chile, Colombia, and Peru). Another goal is …
Persistent link: https://www.econbiz.de/10012476436
This paper deals with the anatomy of devaluation in Latin America. In an effort to understand the economics surrounding the causes and consequences of exchange rate crises, eighteen devaluation episodes that took place between 1962 and 1982 are investigated in detail. The paper focuses on: (1)...
Persistent link: https://www.econbiz.de/10012476720
Chile. The paper concentrates on the behavior of the real exchange rate and nominal and real interest rates during the … period 1977-83. It is argued that as a consequence of the liberalization of the capital account in Chile in 1979-81, dramatic … presented and applied to the case of Chile. The results obtained suggest that during this period interest rates responded both …
Persistent link: https://www.econbiz.de/10012477378
Public-private partnerships (PPPs) have emerged as a new organizational form to provide public infrastructure over the last 30 years. Governments find them attractive because PPPs can be used to avoid fiscal check-and-balances and increase spending. At the same time, PPPs can lead to important...
Persistent link: https://www.econbiz.de/10012479290
. We study how retirement policy in Chile, which limits the drawdown of retirement assets but otherwise does not provide or …
Persistent link: https://www.econbiz.de/10012480229
participating in Chile's 1988 plebiscite, which determined whether democracy would be reinstated after a 15-year long military … eligibles in other upstream elections. Since less educated voters tended to support Chile's governing left-wing coalition, we …
Persistent link: https://www.econbiz.de/10012480383
Chile. We document small positive average returns, large unobserved heterogeneity in responses, and dynamic substitutability …
Persistent link: https://www.econbiz.de/10012481055
programs affect persistence and degree completion. We use detailed administrative data from Chile to provide rigorous …
Persistent link: https://www.econbiz.de/10012481851
about one's own ability, and contemporaneous shocks. We estimate the model using administrative panel data from Chile that …
Persistent link: https://www.econbiz.de/10012482039