Economia
Brazil, Chile and Colombia are more flexible than Mexico and Venezuela?
Segundo Caballero e outros, Brazil, Chile e Colombia realmente são. Leia porque neste paper interessante!
Microeconomic Flexibility in Latin America
Abstract:
We characterize the degree of microeconomic inflexibility in several Latin American economies and find that Brazil, Chile and Colombia are more flexible than Mexico and Venezuela. The difference in flexibility among these economies is mainly explained by the behavior of large establishments, which adjust more promptly in the more flexible economies, especially when accumulated shocks are substantial. We also study the path of flexibility in Chile and show that it declined in the aftermath of the Asian crisis. This decline can account for a substantial fraction of the large decline in TFP-growth in Chile since 1997 (from 3.1 percent per year for the preceding decade, to about 0.3 percent after that). Moreover, if it were to persist, it could permanently shave off almost half of a percent from Chile's structural rate of growth.
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Economia
Brazil, Chile and Colombia are more flexible than Mexico and Venezuela?
Segundo Caballero e outros, Brazil, Chile e Colombia realmente são. Leia porque neste paper interessante!
Microeconomic Flexibility in Latin America
Abstract:
We characterize the degree of microeconomic inflexibility in several Latin American economies and find that Brazil, Chile and Colombia are more flexible than Mexico and Venezuela. The difference in flexibility among these economies is mainly explained by the behavior of large establishments, which adjust more promptly in the more flexible economies, especially when accumulated shocks are substantial. We also study the path of flexibility in Chile and show that it declined in the aftermath of the Asian crisis. This decline can account for a substantial fraction of the large decline in TFP-growth in Chile since 1997 (from 3.1 percent per year for the preceding decade, to about 0.3 percent after that). Moreover, if it were to persist, it could permanently shave off almost half of a percent from Chile's structural rate of growth.
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- Mexico - Brasil
Mexico is Latin America's success story as Brazil stumbles Latin America's power rankings are shifting this year and Mexico is emerging as a winner. The Mexican economy isn't surging, but it's surviving -- and that's a success in...
- Brasil - País De Futuro - De Novo?
March 8, 2012 Brazil: The Country of the Future, Again? Growth is down in Latin America’s largest economy and nervous, shell shocked Brazilians are crossing their fingers that their economy isn’t still stuck in its historic...
- Política Monetária De Metas De Inflação
How Flexible Can Inflation Targeting Be and Still Work? Kenneth N. Kuttner and Adam S. Posen Abstract This paper takes up the issue of the flexibility of inflation targeting regimes, with the specific goal of determining whether the monetary policy...
- Política De Metas De Inflação
How Flexible Can Inflation Targeting Be and Still Work? Kenneth N. Kuttner and Adam S. Posen Abstract This paper takes up the issue of the flexibility of inflation targeting regimes, with the specific goal of determining whether the monetary policy...
- Taxa De Investimentos Do Brasil Insuficiente Para Manter Crescimento
Low Investment-to-GDP Rate Threatens Growth in BrazilApril 1, 2011 By LBB Staff ReporterBrazil’s rate of fixed investment as a percentage of GDP is too low to achieve sustainable economic expansion of 4.5 percent annually, according to Albert Fishlow,...