• 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 ...