Archivos diarios: 23 mayo, 2022

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What Holds Back Tucumán? Identifying Development Constraints through Growth Diagnostics

Traditional approaches to economic growth often emphasize broad structural reforms, yet their effectiveness depends crucially on context. Policies that are transformative in one economy...

The Macroeconomics of Exchange Controls: Distortions, Resource Allocation, and Crisis Timing

Exchange controls are a common policy tool in emerging economies. This study develops a model with capital accumulation to formalize their macroeconomic consequences in...