Zobrazeno 1 - 10
of 15
pro vyhledávání: '"Javier García Cicco"'
Autor:
Javier García Cicco, Enrique Kawamura
Publikováno v:
Revista de Economía Política de Buenos Aires, Iss 18, Pp 50-76 (2019)
Este artículo presenta nueva evidencia sobre determinantes de pasivos en moneda extranjera de empresas en seis países de Latinoamérica, incluyendo períodos posteiores a la crisis sub-prime, diferenciando entre pasivos totales y financieros en mo-
Externí odkaz:
https://doaj.org/article/76f41efece2f4706954602cc907f5421
Publikováno v:
Latin American Journal of Central Banking, Vol 4, Iss 3, Pp 100095- (2023)
We developed a dynamic stochastic general equilibrium (DSGE) model for a small, open economy with a banking sector and endogenous default to assess two macroprudential tools: countercyclical capital buffers (CCB) and dynamic provisions (DP). The mode
Externí odkaz:
https://doaj.org/article/188ed56ab9d9440397225e85663c7af0
Autor:
Javier García-Cicco
Publikováno v:
Latin American Journal of Central Banking, Vol 3, Iss 1, Pp 100051- (2022)
We evaluate the dynamics of a small and open economy under simple rules for alternative monetary-policy instruments, in a model with imperfectly anchored expectations. The inflation-targeting consensus indicates that interest-rate rules are preferred
Externí odkaz:
https://doaj.org/article/b808e65e69f548f79217e145e2b8b0ee
Publikováno v:
Journal of International Economics. 127:103389
A large literature estimates the exchange rate pass-through to prices (ERPT) using reduced-form approaches, whose results are an important input for Central Banks. We show two shortcomings of these empirical measures for monetary policy analysis, whi
Autor:
Enrique Kawamura, Javier García-Cicco
Publikováno v:
Journal of International Money and Finance. 55:205-239
We evaluate from a welfare perspective three policy alternatives frequently proposed to deal with Dutch-disease problems originated from cyclical movements in commodity prices. Namely, fiscal rules for government expenditures, capital controls, and t
Publikováno v:
Economía Chilena. 16(2):96-121
In this paper we analyze the effects of the Term Liquidity Program (FLAP) implemented by the Central Bank of Chile in response to the financial crisis of 2008-2009. We find that the announcement related to this policy significantly reduced nominal yi
Autor:
Javier García-Cicco, Enrique Kawamura
This paper empirically tests the effects of foreign currency debt on economic performance and investment behavior in non-financial firms in six Latin America and Caribbean countries. It is found find that domestic-currency depreciations may surprisin
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ab387f8639059533c9d3c72121511607
https://doi.org/10.18235/0000553
https://doi.org/10.18235/0000553
Publikováno v:
American Economic Review. 100:2510-2531
We use more than a century of Argentine and Mexican data to estimate the structural parameters of a small-open-economy real-business-cycle model driven by nonstationary productivity shocks. We find that the RBC model does a poor job of explaining bus
Autor:
Javier García-Cicco
Publikováno v:
Ensayos Económicos. 1(51 April):123-142
This document surveys of the recent developments in the literature of monetary policy analysis for emerging countries. In particular, we describe papers analyzing how the following characteristics impose non-trivial restrictions for policy design in
This paper examines the real effects that a rise in the electricity rate would have on the Chilean economy. In general, the results and conclusions of the literature attest to the difficulties that arise when trying to predict the macroeconomic effec
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=od_______645::d4594b16f8bd44a383362d7b177b6eca
http://si2.bcentral.cl/public/pdf/documentos-trabajo/pdf/dtbc759.pdf
http://si2.bcentral.cl/public/pdf/documentos-trabajo/pdf/dtbc759.pdf