Federal Reserve Bank of Dallas
Argentina's lost decade
Argentina suffered a depression in the 1980s that was as severe as the Great Depression experienced in the United States and Germany in the interwar period. Our paper examines this depression from the perspective of growth theory, taking total factor productivity as exogenous. The predictions of the growth model conform rather well with the observations during the ”lost decade” years.
Cite this item
Finn E. Kydland & Carlos E. Zarazaga, Argentina's lost decade, Federal Reserve Bank of Dallas, Working Papers 0107, 01 Aug 2001.
Note: Published as: Kydland, Finn E. and Carlos E.J.M. Zarazaga (2002), "Argentina's Lost Decade," Review of Economic Dynamics 5 (1): 152-165.
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
Keywords: Argentina; depression; growth model
This item with handle RePEc:fip:feddwp:0107
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