Este estudio examina las influencias externas e internas sobre el desempeño económico de América Latina durante los últimos 15 años. Se destaca que en los últimos años se han fortalecido las políticas macroeconómicas y se han implementado reformas estructurales. Conjugadas con un...

This study examines external and domestic influences on Latin America’s economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external...

Asymmetries in price adjustment can reconcile contrasts between rapid price movements in inflationary episodes, consistent with classical theories of flexible pricing, and sluggish price responses in contractions, consistent with Keynesian theories of sticky price adjustments. Nonparametric...