Listar Documentos de trabajo por autor "Schmukler, Sergio"

Mostrando ítems 1-2 de 2

    • Living and dying with hard pegs: the rise and fall of Argentina's currency board 

      Levy Yeyati, Eduardo; Schmukler, Sergio; Torre, Augusto de la (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      The rise and fall of Argentina’s currency board illustrates the extent to which the advantages of hard pegs have been overstated. The currency board did provide nominal stability and boosted financial intermediation, at ...

    • The price of incorvertible deposits: the stock market boom during the Argentine crisis 

      Levy Yeyati, Eduardo; Horen, Neeltje van; Schmukler, Sergio (Universidad Torcuato Di Tella. Escuela de Negocios. Centro de Investigaciones en Finanzas (CIF), 2003)
      The Argentine crisis witnessed, among other things, a deposit run, the suspension of deposit convertibility, and a “boom” in the stock market. We argue that this boom reflects the cost that depositors were willing to incur ...