Macroeconomics and Development : : Roberto Frenkel and the Economics of Latin America / / ed. by Mario Damill, Guillermo Rozenwurcel, Martín Rapetti.

Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, r...

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Superior document:Title is part of eBook package: De Gruyter Columbia University Press Complete eBook-Package 2016
MitwirkendeR:
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Place / Publishing House:New York, NY : : Columbia University Press, , [2016]
©2016
Year of Publication:2016
Language:English
Series:Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
Online Access:
Physical Description:1 online resource (440 p.) :; 90 figures
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Description
Other title:Frontmatter --
Contents --
Acknowledgments --
Preface --
1. An Introduction to Roberto Frenkel's Contributions to the Economic Ideas in Latin America --
Part 1. Pricing Decisions, Inflation, and Stabilization --
2. Markups Under Uncertainty: Variations on Price Decisions in High Inflation --
3. Financial Fragility, Price Indexes, and Investment Financing --
4. Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes: A Computable General Equilibrium Evaluation --
5. Monetary Policy and External Shocks in a Semidollarized Economy --
Part 2. Economic Development in Latin America --
6. The Chilean Economy Since the Global Crisis --
7. Disequilibria and Risk Premia: Argentina's Experience During the 2000s from a Latin American Perspective --
8. Labor Market and Income Distribution in Latin America in Times of Economic Growth: Advances and Shortcomings --
9. Accounting for the Rise and Fall of Brazil's Growth After World War II --
Part 3. The Real Exchange Rate, Balance of Payments, and Economic Development --
10. Balance-of-Payments Dominance: Implications for Macroeconomic Policy --
11. The Real Exchange Rate, the Real Wage, and Growth: A Formal Analysis of the "Development Channel" --
12. The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels --
Part 4. Finance and Crises --
13. Capitalism and Financial Crises: A Long-Term Perspective --
14. Financial Crises, Institutions, and the Macroeconomy --
15. United States Size Distribution and the Macroeconomy 1986-2009 --
16. Sovereign Credit Risk in Latin America and Global Common Factors --
Part 5. Approaches to Development --
17. Cognitive Dissonance: Postwar Economic Development Strategies and Bretton Woods International Financial Stability --
18. New Developmentalism as a Weberian Ideal Type --
List of Contributors --
Index
Summary:Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies.The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.
Format:Mode of access: Internet via World Wide Web.
ISBN:9780231541213
9783110638578
9783110485103
9783110485158
DOI:10.7312/dami17508
Access:restricted access
Hierarchical level:Monograph
Statement of Responsibility: ed. by Mario Damill, Guillermo Rozenwurcel, Martín Rapetti.