Corporate debt in Latin America and its macroeconomic implications

Autor: Nicole Favreau Negront, Esteban Pérez Caldentey, Luis Mendez Lobos

This paper provides an empirical analysis of nonfinancial corporate debt in six large Latin American countries (Argentina, Brazil, Chile, Colombia, Mexico, and Peru), distinguishing between bond-issuing and non-bond-issuing firms, and assessing the d

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::e4d29cdbb2ae27927c35af9f1461e88a

Integration, spurious convergence, and financial fragility: a post-Keynesian interpretation of the Spanish crisis

Autor: Esteban Pérez Caldentey, Matías Vernengo

Publikováno v: Brazilian Journal of Political Economy, Vol 38, Iss 2, Pp 304-323
Brazilian Journal of Political Economy, Volume: 38, Issue: 2, Pages: 304-323, Published: JUN 2018
Brazilian Journal of Political Economy v.38 n.2 2018
Revista de Economia Política
EDITORA 34
instacron:EDITORA_34

The Spanish crisis is generally portrayed as resulting from excessive spending by households associated to a housing bubble and/or an excessive welfare spending beyond the economic possibilities of the country. We put forward a different hypothesis.

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::806b03e7ec80cb564c13dc8050c0f6a2
http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0101-31572018000200304&lng=en&tlng=en