The effects of government deficit on equilibrium real exchange rates and stock prices

This paper studies the effect of government deficits on equilibrium real exchange rates and stock prices. The theoretical part modifies a two-country cash-in-advance model like used in Lucas(1982) and Sargent(1987) in order to accommodate an exchange rate market and a government that pursues fiscal and monetary policy targets. The implied result is that unanticipated shocks in government deficits raise expectations of both taxes and inflation and, therefore, are associated with real exchange rate devaluations and lower stock prices. This finding is strongly supported by empirical evidence for a group of 19 countries, representing 76% of world production

The relations between different levels of government in Argentina

Includes bibliography

The relations between different levels of government in Brazil

Includes bibliography

Renegotiation of Latin America's debt: an analysis of the monopoly power of private banks

Includes bibliography

Políticas de ajuste y renegociación de la deuda externa = Adjustment policies and renegotiation of the external debt

Incluye Bibliografía

Informe de la Reunión Técnica de Expertos Gubernamentales Hacia un Desarrollo Ambientalmente Sustentable" = Report of the Technical Meeting of Government Experts: "Towards an Environmentally Sustainable Development""

Incluye Bibliografía

Informe de la Reunión de Expertos Gubernamentales de Países en Desarrollo Miembros de la CEPAL = Report of the Meeting of Government Experts from Developing Countries Members of ECLAC

Contiene conclusiones y recomendaciones de la reunión en la que se analizó el tema de la transformación productiva, equidad y sustentabilidad ambiental en América Latina y el Caribe, y se elaboró un proyecto que fue aprobado por el CEGAN, denominado Plataforma de Tlatelolco, el cual se incluye en este documento.

Poverty measurement in Australia: the effect of government non-cash benefits and location

Includes bibliography

Report of the meeting of government-designated experts of Latin America and the Caribbean preparatory to Rio+20: a green economy in the context of sustainable development and poverty eradication and the institutional framework for sustainable development

Incluye Bibliografía