Research / BFI Working PaperMar 13, 2019

A Framework for Studying the Monetary and Fiscal History of Latin America, 1960-2017

In this chapter, we develop a conceptual framework for analyzing the interactions between aggregate fiscal policy and monetary policy. The framework draws on existing models that analyze sovereign debt crises and balance‐of‐payments crises. We intend this framework as a guide for analyzing the monetary and fiscal history of a set of major Latin American countries from the 1960s until now.

More Research From These Scholars

BFI Working Paper Mar 13, 2019

Lessons from the Monetary and Fiscal History of Latin America

Carlos Esquivel, Timothy J. Kehoe, Juan Pablo Nicolini
Topics:  Monetary Policy
BFI Working Paper Nov 5, 2020

Structured Ambiguity and Model Misspecification

Lars Peter Hansen, Thomas J. Sargent
Topics:  Fiscal Studies, Monetary Policy