Now showing items 1-2 of 2

    • Capital flows to developing countries and terms of trade shocks 

      Barone, Sergio; Descalzi, Ricardo (Banco Central del Uruguay, 2013-11)
      This paper studies the relationship between FDI inflows and terms-of-trade shocks. We examine the existing literature related to the "Lucas Paradox", and analyze theoretically how a terms-of-trade shock would impact on ...
    • Terms of trade and potential output in Argentina 

      Gay, Alejandro (Asociación Argentina de Economía Política, 2013-11)
      This paper uses an equilibrium correction model to estimate Argentina’s potential output in the 1913-2011 period. The long-term equilibrium is represented by a Cobb-Douglas production function with three factors: capital, ...