Thirty Years of Currency Crises in Argentina: External Shocks or Domestic Fragility?
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This paper examines Argentina's currency crises from 1970 to 2001, with particular attention to the role of domestic and external factors. Using VAR estimations, we find that deteriorating domestic fundamentals matter. For example, at the core of the late 1980s crises was excessively loose monetary
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美国国家经济研究局创建时间：
2009-11-01
