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This paper develops a structural general equilibrium model to analyse the reactions of the nominal exchange rate and the domestic price level to three types of external shock in emerging economies that have limited access to world capital markets. Although the results depend crucially on the type...


García-Solanes, JoséTorrejón-Flores, FernandoExchange-rate variations and the rate of inflation in emerging economies

Consulta Regional de América Latina y el Caribe sobre Financiamiento del Desarrollo Resumen A lo largo de los años noventa, los países de América Latina y el Caribe registraron un renovado acceso al financiamiento externo, que facilitó avances en materia de gestión macroeconómica, reducción de l...


These are the main highlights of the Capital Flows to Latin America, Third Quarter 2019 edition: • International bond issuance from Latin America and the Caribbean (LAC) in the third quarter (Q3) of 2019 was US$ 39.3 billion. It was up 17% from the second quarter, and up 541% from the third quar...


This document, prepared by the Economic Commission for Latin America and the Caribbean (ECLAC) Washington Office, presents and analyzes the most recent developments (first half of 2015) concerning capital flows to Latin America and the Caribbean.


Avendaño, RolandoNieto-Parra, SebastiánWhat factors impact the cost of corporate bond issuance? A study of emerging primary markets

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