Argentina’s crisis at the end of the twentieth century surprised economists. Argentina turned from a “Latin American miracle†to an unprecedented failure. This article looks into the crisis stressing the role of the exchange rate regime and emphasizes the overvaluation of the...

Neodevelopmentalism has become Argentina’s hegemonic development project after neoliberalism. While it has been able to bring back economic growth, the development of its inner contradictions is creating growing barriers to the possibility of further expansion within the same project of...

In this paper we study the integration properties of some of the main macroeconomic series of Argentina. We present a robust methodology for the analysis of persistence of shocks affecting macroeconomic series and its consequences on the modeling of the cyclical and permanent components. Our...

A contribution to the study of volatility and country risk is made in order to achieve a successful crosscountry comparison. We present a methodology for the evaluation of country risk that include endogenous detection of multiple structural breaks (also identifying its different kinds),...