Towards a Framework for Macroeconomic Analysis in an Emerging Market Economy

Número: 
320
Publicado: 
Clasificación JEL: 
E42, E58, F30, F41, G15, H62, H63
Palabras clave: 
Sectorial balance sheets, Debt sustainability, Inflation Targeting, Sudden stops

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