A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017
Abstract: We develop a conceptual framework for analyzing the interactions between aggregate fiscal policy and monetary policy. The framework draws on existing models that analyze sovereign debt crises and balance-of-payments crises. We intend this framework as a guide for analyzing the monetary and fiscal history of a set of eleven major Latin American countries—Argentina, Brazil, Bolivia, Chile, Colombia, Ecuador, Mexico, Paraguay, Peru, Uruguay, and Venezuela—from the 1960s until now.
File(s): File format is application/pdf https://www.minneapolisfed.org/research/sr/sr607.pdf
Provider: Federal Reserve Bank of Minneapolis
Part of Series: Staff Report
Publication Date: 2020-07-21