Browsing by Author "Levy Yeyati, Eduardo"

Now showing items 1-20 of 29

    • A new Labor Conflict Index for Argentina: Preliminary Findings 

      Judzik, Darío; Levy Yeyati, Eduardo; Montané, Martín (Universidad Torcuato Di TellaEscuela de Gobierno, 2021-02)
      Labor conflict has been broadly neglected by economists as a sociological issue with limited impact. In this paper, we present a new Labor Conflict Index based on the application of text mining techniques to media data, ...

    • Algunas sugerencias para desdolarizar el crédito bancario en Uruguay 

      Garat, Rosario (Universidad Torcuato Di Tella, 2005)
      El presente trabajo tiene por objetivo analizar el efecto de las medidas desdolarizadoras adoptadas por Uruguay y presentar algunas sugerencias que permitan progresar en este sentido.

    • Classifying exchange rate regimes: deeds vs. words 

      Levy Yeyati, Eduardo; Sturzenegger, Federico (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2002)
      Most of the empirical literature on exchange rate regimes uses the IMF de jure classification based on the regime announced by the governments, despite the recognized inconsistencies between reported and actual policies ...

    • Concentration and foreign penetration in Latin American banking sectors: impact on competition and risk 

      Levy Yeyati, Eduardo (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      In recent years, Latin American banking sectors have experienced an accelerated process of concentration and foreign penetration that has prompted diverse views regarding its implications for the competitive behavior of ...

    • COVID-19 database 

      Levy Yeyati, Eduardo; Sartori, Ignacio (Universidad Torcuato Di TellaEscuela de Gobierno, 2020-07)
      The COVID-19 database is a statistical package developed by the Center for the Evaluation of Evidence-Based Policies (CEPE). This dataset collects more than 50 indicators in more than 150 countries to consolidate them into ...

    • Do women ask for lower salaries? The supply side of the gender pay gap 

      González-Rozada, Martín; Levy Yeyati, Eduardo (Universidad Torcuato Di TellaEscuela de Gobierno, 2018)
      We explore a new rich dataset of online asking prices from a large online job application platform in Argentina. We find that women, on average, ask for a significant 6% significant less than men, a gender ask gap that ...

    • Dolarización y desdolarización financiera en el nuevo milenio 

      Levy Yeyati, Eduardo (Universidad Torcuato Di TellaEscuela de Gobierno, 2020-11)
      La dolarización, en sus múltiples variantes, es crucial para entender la macroeconomía latinoamericana, así como la de muchos países en desarrollo. Este estudio discute y repasa con datos su evolución desde 2000 en América ...

    • Endogenous deposit dollarization 

      Levy Yeyati, Eduardo; Broda, Cristian (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003-02)
      This paper explores sources of deposit dollarization unrelated to standard moral hazard arguments. We develop a model in which banks choose the optimal currency composition of their liabilities. We argue that the equal ...

    • Extracción de información de activos financieros: el tipo de cambio real esperado en la Argentina 

      Álvarez, Rodrigo P. (Universidad Torcuato Di Tella, 2005)

    • Financial dollarization and de-dollarization in the new millennium 

      Levy Yeyati, Eduardo (Universidad Torcuato Di TellaEscuela de Gobierno, 2021-01)
      Dollarization, in its many variants, is crucial to understanding Latin American macroeconomics, as well as that of many developing countries. This paper builds a new updated dataset on dollarization, reviews its evolution ...

    • Financial globalization: unequal blessings 

      Torre, Augusto de la; Levy Yeyati, Eduardo; Schmukler, Sergio L. (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2002)
      This paper presents a framework to analyze financial globalization. It argues that financial globalization needs to take into account the relation between money (particularly in its role as store of value), asset and factor ...

    • Finantial dollarization and debt deflation under a currency board 

      Levy Yeyati, Eduardo; Galiani, Sebastián; Schargrodsky, Ernesto Santiago (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      In the late currency board years, Argentina faced a real exchange rate adjustment through price deflation amidst growing devaluation expectations. Using a firm-level panel database to analyze the incidence of these factors ...

    • Flexible exchange rates as shock absorbers 

      Edwards, Sebastián; Levy Yeyati, Eduardo (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003-07)
      In this paper we analyze empirically the effect of terms of trade shocks on economic performance under alternative exchange rate regimes. We are particularly interested in investigating whether terms of trade disturbances ...

    • How ETFs Amplify the Global Financial Cycle in Emerging Markets 

      Converse, Nathan; Levy Yeyati, Eduardo; Williams, Tomas (Universidad Torcuato Di TellaEscuela de Gobierno, 2017-12)
      Since the early 2000s exchange-traded funds (ETFs) have grown to become an important investment vehicle worldwide. In this paper, we study how their growth affects the sensitivity of international capital flows to the ...

    • Leader over policy? The influence of political leaders on policy preferences 

      Levy Yeyati, Eduardo; Moscovich, Lorena; Abuin, Constanza (Universidad Torcuato Di TellaEscuela de Gobierno, 2017-10)
      To extend the existing literature on political polarization beyond the traditional setup (an ideologically well-defined two-party setup), we run survey experiments in the great Buenos Aires area of Argentina to explore ...

    • Living and dying with hard pegs: the rise and fall of Argentina's currency board 

      Levy Yeyati, Eduardo; Schmukler, Sergio; Torre, Augusto de la (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      The rise and fall of Argentina’s currency board illustrates the extent to which the advantages of hard pegs have been overstated. The currency board did provide nominal stability and boosted financial intermediation, at ...

    • Lockdown fatigue: The diminishing effects of quarantines on the spread of COVID-19 

      Goldstein, Patricio; Levy Yeyati, Eduardo; Sartorio, Lucas (Universidad Torcuato Di TellaEscuela de Gobierno, 2021)
      Non-Pharmaceutical Interventions (NPIs) have been for most countries the key policy instrument utilized to contain the impact of the COVID-19 pandemic. In this article, we conduct an empirical analysis of the impact of ...

    • On the endogeneity of exchange rate regimes 

      Levy Yeyati, Eduardo; Sturzenegger, Federico; Regio, Iliana (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2002)
      The literature has identified at least five approaches to the determinants of the choice of exchange rate regimes: i) optimal currency area theory; ii) exchange rate policy and the absortion of real and nominal shocks; ...

    • Radiografía del trabajo argentino 

      Levy Yeyati, Eduardo; Favata, Federico; Montané, Martín; Schteingart, Daniel (Universidad Torcuato Di TellaEscuela de GobiernoCentro para la Evaluación de Políticas basadas en Evidencia (CEPE), 2018-02)
      Este trabajo presenta una primera aproximación al panorama presente y la evolución reciente del mercado de trabajo en la Argentina que nos permita poner en contexto el debate de las políticas de empleo de cara al futuro, ...

    • Regional integration and the location of FDI 

      Levy Yeyati, Eduardo; Daude, Christian; Stein, Ernesto (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      How will the creation of the FTAA affect FDI from the rest of the world to the region? What are the implications of FTAA for a country such as Mexico whose preferential access to the US may be diluted? Would the effect be ...