Argentina's lost decade

Finn E. Kydland and Carlos E. J. M. Zarazaga ()

No 401, Center for Latin America Working Papers from Federal Reserve Bank of Dallas

Abstract: 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. ; Economic Research Working Paper 0107

Keywords: Financial; crises; -; Latin; America (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cwa, nep-ifn, nep-lam and nep-pke
Date: 2001
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Journal Article: Argentina's Lost Decade (2002)
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