The monetary approach to the balance of payments is used to study the pressure on the Argentinean foreign exchange market in the period 1958 - 1982. Even though the results obtained do not conform exactly to the model we employ, it is possible to identify

This paper uses the three - factor, two - commodity model to estimate an equation for real wages in terms of traded goods, as a function of the relative price of non traded goods and changes in the capital-labor ratio. The results suggest a high average e

While other regions — Central and Eastern Europe and Latin America in particular — have been active in pension reform, the Middle East and North Africa have lagged behind. In part this is because of the belief that favourable mean financial problems are still far in the future and pension...