A Framework for Studying the Monetary and Fiscal History of Latin America, 1960–2017

Timothy Kehoe, Juan Pablo Nicolini and Thomas Sargent

No 607, Staff Report from Federal Reserve Bank of Minneapolis

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.

Keywords: Debt crisis; Monetary policy; Off-budget transfers; Banking crisis; Fiscal policy (search for similar items in EconPapers)
JEL-codes: E52 E63 H63 N16 (search for similar items in EconPapers)
Pages: 34
Date: 2020-07-21
New Economics Papers: this item is included in nep-cba, nep-his, nep-lam and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Chapter: A Framework for Studying the Monetary and Fiscal History of Latin America (2022)
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedmsr:88445

DOI: 10.21034/sr.607

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