Browsing Escuela de Negocios by Author "Villar, Agustín"
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Aftermaths of current account crisis: export growth or import contraction?
Sturzenegger, Federico; Guidotti, Pablo; Villar, Agustín (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)This paper defines current account crises as current account adjustments that occur in the aftermath of a sizable reduction in capital flows. We study the characteristics of such current account adjustments, particularly ...