Working papers


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   Política Fiscal y Gasto Social en el Perú: cuánto se ha avanzado y qué más se puede hacer para reducir la vulnerabilidad

de los hogares

Preparado para la Conferencia “Hacia una Política Fiscal Contracíclica: Reglas e Instituciones”, MEF y CAF, 2006.
 Full paper (Spanish)

 

 

 A Systemic Assessment of MDG Achievement: The Case of Guatemala
Joint with Arlette Beltrán, Enrique Vasquez and Gustavo Yamada, 2005.
 Full paper (English)


 Financial Dollarization and the Size of the Fear
Joint with Eduardo Morón, 2005.
 Full paper (English)


Assesing Financial Vulnerability in Partially Dollarized Economies
Joint with Eduardo Morón and Diego Winkelried, 2004.
Presented at the LACEA Meeting, Costa Rica, 2004.
Presented at the Latin American Meeting of the Econometric Society, Santiago de Chile, 2004.
 Full paper (English)


Endogenous Financial Decisions in a Dollarized Economy

Joint with Eduardo Morón, 2003-2004
As part of the project Mecanismos de Tranmisión de la Política Monetaria en una Economía Dolarizada, sponsored by the Peruvian Consorcio de Investigación Económica y Social (CIES).
 Full paper (Spanish)


De-Dollarizing The Peruvian Economy: A Portfolio Approach
Joint with Eduardo Morón, 2002-2003
As part of the project Causas y Consecuencias de la Dolarización Parcial de la Economía Peruana, sponsored by the Peruvian Central Bank (BCR) and the Consorcio de Investigación Económica y Social (CIES).
Presented at the LACEA Meeting, Puebla, 2003.
   Full paper   (Spanish) / English version


On the Reasons Behind Fear of Floating: Pass-through Effects vs. Contractionary Depreciations

MSc. dissertation, LSE, April 2003.
Presented at the LACEA Meeting, Costa Rica, 2004.
Presented at the Latin American Meeting of the Econometric Society, Santiago de Chile, 2004.

   Full paper  (English)


Asymmetric Effects of Monetary and Exchange Rate Shocks: The Peruvian Evidence

Joint with Javier Torres, April 2001.
Research project sponsored by the Peruvian Consorcio de Investigación Económica y Social (CIES).
 Abstract (English)
 First draft (Spanish)


Uncovering Central Bank's Monetary Policy Objectives: Going Beyond Fear of Floating

Joint with Eduardo Morón, July 2000.
Presented at the LACEA meeting, Rio de Janeiro, October 2000.
 Full paper (English)


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