 | Intertwined Sovereign and Bank Solvencies in a Model of Self-Fulfilling Crisis Author/Editor: Gustavo Adler. Release Date:July, 2012 Large fiscal financing needs, both in advanced and emerging market economies, have often been met by borrowing heavily from domestic banks. As public debt approached sustainability limits in a number more...
| Price: $18.00
|
| Riding Global Financial Waves: The Economic Impact of Global Financial Shocks on Emerging Market Economies Author/Editor: Gustavo Adler, Camilo Ernesto Tovar Mora. Release Date:July, 2012 Over the past two decades, most emerging market economies witnessed two key developments. A marked process of financial integration with the rest of the world, arguably turning these economies more more...
| Price: $18.00
|
| Intra-Regional Spillovers in South America: Is Brazil Systemic after All? Author/Editor: Gustavo Adler, Sebastian Sosa. Release Date:June, 2012 Shocks stemming from Brazil - the large neighbor in South America - have historically been a source of concern for policy-makers in other countries of the region. This paper studies the importance of more...
| Price: $18.00
|
| Does Central Bank Capital Matter for Monetary Policy? Author/Editor: Gustavo Adler, Pedro Castro, Camilo Ernesto Tovar Mora. Release Date:February, 2012 Heavy foreign exchange intervention by central banks of emerging markets have lead to sizeable expansions of their balance sheets in recent years”accumulating foreign assets and non-money domestic more...
| Price: $18.00
|
 | Commodity Price Cycles : The Perils of Mismanaging the Boom Author/Editor: Sebastian Sosa, Gustavo Adler. Release Date:December, 2011 Commodity-exporting countries have significantly benefited from the commodity price boom of recent years. At the current juncture, however, uncertain global economic prospects have raised questions more...
| Price: $18.00
|
| Foreign Exchange Intervention : A Shield Against Appreciation Winds? Author/Editor: Gustavo Adler, Camilo Ernesto Tovar Mora. Release Date:July, 2011 This paper examines foreign exchange intervention practices and their effectiveness using a new qualitative and quantitative database for a panel of 15 economies covering 2004 - 10, with special more...
| Price: $18.00
|
| Modernizing Bank Regulation in Support of Financial Deepening : The Case of Uruguay Author/Editor: Torsten Wezel, Mario Mansilla, Gustavo Adler. Release Date:September, 2009 This paper studies how Uruguay's regulatory framework was gradually strengthened to address shortcomings identified during the 2002-03 crisis, to align with international standards and, more more...
| Price: $18.00
|
| Original Sin and Procylical Fiscal Policy : Two Sides of the Same Coin? Author/Editor: Gustavo Adler. Release Date:September, 2008 The paper develops a simple model of sovereign debt where default both through direct repudiation and through inflation are possible and give rise to (endogenous) constraints on the currency more...
| Price: $18.00
|
|
Help