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Argentina, Mexico, and currency boards : another case of rules versus discretion

Zarazaga, Carlos Enrique - In: Economic review (1995), pp. 14-24

Persistent link: https://www.econbiz.de/10001201473

Currency boards and the problem of time inconsistency : the role of fiscal institutions in keeping inflation low

Zarazaga, Carlos Enrique - In: Currency board system : a stop-gap measure or a …, (pp. 54-69). 1997

Persistent link: https://www.econbiz.de/10001304367

Comment on Stabilization policy and the costs of dollarization

Zarazaga, Carlos Enrique - In: Journal of money, credit and banking : JMCB 33 (2001) 2/2, pp. 510-517

Persistent link: https://www.econbiz.de/10001585352

The Mexican economy snaps back

Gruben, William C.; Gould, David M.; Zarazaga, Carlos E. - In: Southwest Economy (1997) Mar, pp. 9-10

Persistent link: https://www.econbiz.de/10005537974

Argentina, Mexico, and currency boards: another case of rules versus discretion

Zarazaga, Carlos E. - In: Economic and Financial Policy Review (1995) Q IV, pp. 14-24

This article discusses currency boards in light of the recent economic experiences of Mexico and Argentina. Carlos Zarazaga argues that currency boards do not solve the important time inconsistency problem pointed out in the rules-versus-discretion literature. Because of this failure, even the...

Persistent link: https://www.econbiz.de/10005420179