ListarUniversidad Torcuato Di Tella por tema "Macroeconomics"
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Economic Recovery from the Argentine Great Depression: Institutions, Expectations, and the Change of Macroeconomic Regime
(Universidad Torcuato Di Tella, 1998-11)We ask how Argentina overcame the Great Depression and if macroeconomic interventions made any contribution to the recovery. Argentine macroeconomic policy deviated from gold-standard orthodoxy after the final suspension of ... -
Los ingresos populares en un régimen de alta inflación. Trayectorias y pospandemia en Argentina
(Fundar, 2023)Este trabajo estudia las determinaciones colectivas del ingreso en la Argentina de los últimos años, con eje en el período de pospandemia de 2021-2022. Se centra en aquellas instancias de regulación del ingreso que tienen ... -
On the sources of the aggregate risk premium: Risk aversion, bubbles or regime-switching?
(Journal of Economic Dynamics & Control (e-ISSN: 1879-1743), 2024-07)We develop and estimate a consumption-based asset pricing model that uses historical US financial data and assumes recursive utility, allowing for priced regime-switching risk and intrinsic bubbles. We also estimate ...