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Levels of asset specificity in relational contracting
(Universidad Torcuato Di Tella, 2007)
Standard property rights theory (whether static or dynamic) assumes assets are specific, but once this assumption is in place, the level of asset specificity has no bearing on the make-or-buy decision. While there are good ...
External shocks, financial distress and debt renegotiation: the case of Argentina
(Universidad Torcuato Di Tella, 2008)
The Argentinean crisis of 2001 has incited a large body of literature seeking to explain its causes and dynamics. Although there was much debate on this topic, little effort has been invested in understanding the causes ...
Crecimiento, comercio internacional y convergencia
(Universidad Torcuato Di Tella, 2007)
El trabajo es una extensión del modelo de crecimiento y comercio internacional analizado por Ventura [1997]. En particular se estudian los efectos que provoca la política comercial de una economía pequeña (una tarifa sobre ...