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Towards a Framework for Macroeconomic Analysis in an Emerging Market Economy

Javier Guillermo
Gómez-Pineda
Miércoles, 1 Diciembre 2004

Fear of oating, a policy taht usually intends to stabilize foreign debt, can destabilize it. The conclusion is drawn with a small open economy model thtis based on the nancial accelerator and that is perturbed to analyze a sudden stop to captial ows. T