Financial policies and the world capital market : the problem of Latin American countries

Author(s)

• Aspe Armella, Pedro
• Dornbusch, Rudiger
• Obstfeld, Maurice
• National Bureau of Economic Research Conference on Financial Policies and the World Capital Market: The Problem of Latin American Countries
• National Bureau of Economic Research

Bibliographic Information

Financial policies and the world capital market : the problem of Latin American countries

edited by Pedro Aspe Armella, Rudiger Dornbusch, and Maurice Obstfeld

（A National Bureau of Economic Research conference report）

University of Chicago Press, 1983

Note

"Result of the National Bureau of Economic Research Conference on Financial Policies and the World Capital Market: The Problem of Latin American Countries, held at the Instituto Technológico Autónomo de México in Mexico City, 26-27 March 1981" -- pref

Includes bibliographies and indexes

Contents of Works

• Stories of the 1930s for the 1980s / Carlos F. Díaz Alejandro
• Optimal economic integration / Michael Mussa
• Seigniorage and fixed exchange rates / Stanley Fischer
• Dollarization in Mexico / Guillermo Ortiz
• On equilibrium wage indexation and neutrality of indexation policy / Nissan Liviatan
• Real versus financial openness under alternative exchange rate regimes / Michael Bruno
• Financing private business in an inflationary context / Domingo F. Cavallo and A. Humberto Petrei
• Debt and the current account deficit in Brazil / Olivier Jean Blanchard
• Trying to stabilize / Guillermo A. Calvo
• Interest differential and covered arbitrage / José Saúl Lizondo
• Capital mobility and the scope for sterilization / Robert E. Cumby and Maurice Obstfeld
• Panel discussion : the capital market under conditions of high and variable inflation / Juan Carlos de Pablo, Miguel Mancera, and Mario Henrique Simonsen

Description and Table of Contents

Description

The essays brought together in this volume share a common objective: To bring a unifying methodological approach to the analysis of financial problems in developing, open economies. While the primary focus is on contemporary Latin America, the methods employed and the lessons learned are of wider applicability. The papers address the financial integration issue from three different perspectives. In some cases, a country study is the vehicle for an econometric investigation of a particular external linkage. In other cases, an individual country's experience suggests an economic model in which the stylized facts may be analyzed and developed. A third direction is unabashedly theoretical and formulates more general principles which are broadly applicable rather than country-specific.

by "Nielsen BookData"

Details

• NCID: BA03275814
• ISBN:
  • 0226029964
• LCCN: 82024820
• Country Code: us
• Title Language Code: eng
• Text Language Code: eng
• Place of Publication: Chicago
• Pages/Volumes: ix, 293 p.
• Size: 24 cm
• Classification:
  • LCC : HG185.L3
  • DC19 : 332/.042/098
• Subject Headings:
  • LCSH : Finance -- Latin America -- Congresses
  • LCSH : Debts, External -- Latin America -- Congresses
  • LCSH : Capital market -- Latin America -- Congresses
  • LCSH : Foreign exchange problem -- Latin America -- Congresses
  • LCSH : Latin America -- Foreign economic relations -- Congresses
• Parent Bibliography ID:
  • BA00354244