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Bibliographic Details
Main Author: Álvaro Forteza
Format: Artículo científico
Language:en
Published: El Colegio de México, A.C. 2000
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Online Access:https://www.redalyc.org/articulo.oa?id=59715103
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Table of Contents:
  • Are Stabilization Programs Expansionary? Álvaro Forteza Federico Echenique Economía y Finanzas The empirical evidence presented in this paper casts doubts on the by now widely accepted fact that exchange rate based stabilization programs are expansionary. Even though these programs were associated with output booms, no evidence was found to support the thesis that the booms were caused by the stabilization programs. Rather, positive external shocks seem to have caused both the output booms and the stabilization programs 2000 artículo científico 0188-6916 https://www.redalyc.org/articulo.oa?id=59715103 en http://www.redalyc.org/revista.oa?id=597 Estudios Económicos application/pdf El Colegio de México, A.C. Estudios Económicos (México) Num.1 Vol.15