ListarUniversidad Torcuato Di Tella por tema "Financial crisis"
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Internal Versus External Convertibility and Developing-Country Financial Crisis: Lessons from the Argentine Bank Bailout of the 1930
(Universidad Torcuato Di Tella, 1999-07)Argentina's money and banking system was hit hard by the Great Depression. The banking sector was awash with bad assets that built up in the 1920s. Gold convertibility was suspended in December 1929, even before the crisis ... -
The cost of holding foreign exchange reserves
(Universidad Torcuato Di TellaEscuela de Gobierno, 2019)Recent studies that have emphasized the costs of accumulating reserves for self-insurance purposes have overlooked two potentially important side-effects. First, the impact of the resulting lower spreads on the service ...