Details about Esteban Perez Caldentey

Workplace:

Comisión Económica para América Latina y el Caribe (CEPAL) (Economic Commission for Latin America and the Caribbean (ECLAC)), United Nations, (more information at EDIRC)

Access statistics for papers by Esteban Perez Caldentey.

Last updated 2025-10-09. Update your information in the RePEc Author Service.

Short-id: ppe317

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Working Papers

2023

1. A Stock-Flow Ecological Model from a Latin American Perspective
   Economics Working Paper Archive, Levy Economics Institute

2022

2. A baseline stock-flow model for the analysis of macroprudential regulation for Latin America and the Caribbean
   Working Papers, Post Keynesian Economics Society (PKES) View citations (1)

2020

3. A stock-flow approach to investment requirements within balance-of-payments constrained growth
   Documentos de Proyectos, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

2018

4. Corporate Debt in Latin America and its Macroeconomic Implications
   Economics Working Paper Archive, Levy Economics Institute
   See also Journal Article Corporate debt in Latin America and its macroeconomic implications, Journal of Post Keynesian Economics, Taylor & Francis Journals (2019) View citations (18) (2019)
5. Estudios sobre financierización en América Latina
   Nülan. Deposited Documents, Universidad Nacional de Mar del Plata, Facultad de Ciencias Económicas y Sociales, Centro de Documentación View citations (4)

2017

6. Quantitative easing, changes in global liquidity and financial instability
   Working Papers, Post Keynesian Economics Society (PKES) View citations (2)
   See also Journal Article Quantitative Easing (QE), Changes in Global Liquidity, and Financial Instability, International Journal of Political Economy, Taylor & Francis Journals (2017) View citations (2) (2017)

2015

7. Integration, Spurious Convergence, and Financial Fragility: A Post-Keynesian Interpretation of the Spanish Crisis
   Economics Working Paper Archive, Levy Economics Institute
   See also Journal Article Integration, spurious convergence, and financial fragility: a post-Keynesian interpretation of the Spanish crisis, Brazilian Journal of Political Economy, Center of Political Economy (2018) (2018)

2013

8. Is Inflation Targeting Operative in an Open Economy Setting?
   Working Papers, Political Economy Research Institute, University of Massachusetts at Amherst View citations (6)
   See also Journal Article Is inflation targeting operative in an open economy setting?, Review of Keynesian Economics, Edward Elgar Publishing (2013) View citations (3) (2013)
9. Reading Keynes in Buenos Aires: Prebisch and the Dynamics of Capitalism
   Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics
   See also Journal Article Reading Keynes in Buenos Aires: Prebisch and the Dynamics of Capitalism, Cambridge Journal of Economics, Cambridge Political Economy Society (2016) (2016)
10. Wage and Profit-led Growth: The Limits to Neo-Kaleckian Models and a Kaldorian Proposal
    Economics Working Paper Archive, Levy Economics Institute View citations (7)
11. Weak Expansions: A Distinctive Feature of the Business Cycle in Latin America and the Caribbean
    Economics Working Paper Archive, Levy Economics Institute View citations (5)
    See also Journal Article Weak Expansions: A Distinctive Feature of the Business Cycle in Latin America and the Caribbean, World Economic Review, World Economics Association (2014) View citations (1) (2014)

2012

12. Creative industries in the Caribbean: a new road for diversification and export growth
    Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
13. Heterodox Central Bankers: Eccles, Prebisch and Financial Reform in 1930s
    Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics View citations (1)
14. Raúl Prebisch (1901-1986): Un recorrido por las etapas de su pensamiento sobre el desarrollo económico
    Sede de la CEPAL en Santiago (Estudios e Investigaciones), Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) View citations (1)
15. The Euro Imbalances and Financial Deregulation: A Post-Keynesian Interpretation of the European Debt Crisis
    Economics Working Paper Archive, Levy Economics Institute View citations (27)
16. Toward an Understanding of Crises Episodes in Latin America: A Post-Keynesian Approach
    Economics Working Paper Archive, Levy Economics Institute View citations (1)
    See also Journal Article Towards an understanding of crisis episodes in Latin America: a post-Keynesian approach, Review of Keynesian Economics, Edward Elgar Publishing (2015) View citations (1) (2015)
17. Un Fondo de Reservas Regional para América Latina
    (A Regional Reserve Fund for Latin America)
    MPRA Paper, University Library of Munich, Germany
    See also Journal Article Un fondo de reservas regional para América Latina, Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) (2014) View citations (1) (2014)

2011

18. Portrait of the Economist as a Young Man: Raúl Prebisch’s evolving views on the business cycle and money, 1919-1949
    Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics View citations (2)

2010

19. All is Quiet in the Fiscal Front: Fiscal Policy for the Global Economic Crisis
    Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics
20. Does Latin America lag behind due to shaper recessions and/or slower recoveries?
    MPRA Paper, University Library of Munich, Germany View citations (2)
21. Growth and convergence/divergence in productivity under balance-of-payments constraint
    MPRA Paper, University Library of Munich, Germany
22. Modern Finance, Methodology and the Global Crisis
    Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics View citations (3)

2009

23. Balance of payments constrained growth within a consistent stock-flow framework: an application to the economies of CARICOM
    Documentos de Proyectos, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
24. The Analysis of ‘Leading Sectors’: A Long term view of 18 Latin American economies
    MPRA Paper, University Library of Munich, Germany View citations (1)

2008

25. The Latin American experience in pension system reform: Coverage, fiscal issues and possible implications for China
    MPRA Paper, University Library of Munich, Germany View citations (3)

2007

26. A Tale of Two Monetary Reforms: Argentinean Convertibility in Historical Perspective
    Working Paper Series, Department of Economics, University of Utah, University of Utah, Department of Economics View citations (2)

2006

27. Debt accumulation in the Caribbean: origins, consequences and strategies
    Sede Subregional de la CEPAL para el Caribe (Estudios e Investigaciones), Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
    Also in Studies and Perspectives – ECLAC Subregional Headquarters for The Caribbean, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) (2006)

Journal Articles

2025

1. Monetary Policy and the Pasinetti Index: A Stock Flow Model for Latin American Economies
   Review of Political Economy, 2025, 37, (3), 756-786 View citations (1)
2. Short-term electricity price forecasting through demand and renewable generation prediction
   Mathematics and Computers in Simulation (MATCOM), 2025, 229, (C), 350-361 View citations (3)

2024

3. A Financially Driven Business Cycle for Latin America and the Caribbean
   Economia Internazionale / International Economics, 2024, 77, (1), 5-36

2023

4. Tony Thirlwall (21 April 1941 – 8 November 2023)
   PSL Quarterly Review, 2023, 76, (307), 393-396

2022

5. Can correcting for real exchange rate misalignment help countries escape the middle-income-trap? An analysis of a natural resource-based economy: Chile
   Brazilian Journal of Political Economy, 2022, 42, (4), 876-901
6. Modern Money Theory in the Tropics: A Reply to Agustin Mario
   Challenge, 2022, 65, (3-4), 125-128 View citations (1)
7. Una macroeconomía para el desarrollo. Esbozo de un modelo de crecimiento, inversión y distribución del ingreso
   El Trimestre Económico, 2022, 89 (1), (353), 111-149 View citations (2)

2020

8. Do current times vindicate Keynes and is New Keynesian macroeconomics Keynesian?
   Review of Keynesian Economics, 2020, 8, (1), 21-22
9. La crisis del COVID-19 y los problemas estructurales de América Latina y el Caribe: responder a la urgencia con una perspectiva de largo plazo
   Revista CEPAL, 2020 View citations (1)
10. Modern Money Theory (MMT) in the Tropics: Functional Finance in Developing Countries
    Challenge, 2020, 63, (6), 332-348 View citations (15)
11. The COVID-19 crisis and the structural problems of Latin America and the Caribbean: responding to the emergency with a long-term perspective
    Revista CEPAL, 2020 View citations (1)
12. The Return of the Interventionist Central Bank: The Pendulum of Monetary Regimes in Latin America
    Ensayos Económicos, 2020, 1, (75), 5-29
13. The return of Keynes and the Phillips curve in Latin America: evidence from four countries
    Review of Keynesian Economics, 2020, 8, (1), 84-101

2019

14. Corporate debt in Latin America and its macroeconomic implications
    Journal of Post Keynesian Economics, 2019, 42, (3), 335-362 View citations (18)
    See also Working Paper Corporate Debt in Latin America and its Macroeconomic Implications, Economics Working Paper Archive (2018) (2018)
15. Thirlwall's law and the terms of trade: a parsimonious extension of the balanceof-payments-constrained growth model
    Review of Keynesian Economics, 2019, 7, (4), 463-485 View citations (6)
16. Thirlwall's law at 40
    Review of Keynesian Economics, 2019, 7, (4), 427–428 View citations (1)

2018

17. Book review: Giancarlo Bertocco, Crisis and the Failure of Economic Theory: The Responsibility of Economists for the Great Recession (Edward Elgar Publishing, Cheltenham, UK and Northampton, MA, USA 2017) 250 pp
    Review of Keynesian Economics, 2018, 6, (4), 545-549
18. Integration, spurious convergence, and financial fragility: a post-Keynesian interpretation of the Spanish crisis
    Brazilian Journal of Political Economy, 2018, 38, (2), 304-323
    See also Working Paper Integration, Spurious Convergence, and Financial Fragility: A Post-Keynesian Interpretation of the Spanish Crisis, Economics Working Paper Archive (2015) (2015)
19. Neo-Kaleckian models with financial cycles: A center-periphery framework
    PSL Quarterly Review, 2018, 71, (286), 309-326 View citations (2)
20. The financial instability hypothesis and the paradox of debt: a microeconometric approach for Latin America
    Review of Keynesian Economics, 2018, 6, (3), 387-410 View citations (1)

2017

21. Quantitative Easing (QE), Changes in Global Liquidity, and Financial Instability
    International Journal of Political Economy, 2017, 46, (2-3), 91-112 View citations (2)
    See also Working Paper Quantitative easing, changes in global liquidity and financial instability, Working Papers (2017) View citations (2) (2017)
22. Wage-led, debt-led growth in an open economy
    Review of Keynesian Economics, 2017, 5, (3), 307-335 View citations (4)

2016

23. Raúl Prebisch and economic dynamics: cyclical growth and centre-periphery interaction
    Revista CEPAL, 2016 View citations (3)
24. Raúl Prebisch y la dinámica económica: crecimiento cíclico e interacción entre el centro y la periferia
    Revista CEPAL, 2016
25. Reading Keynes in Buenos Aires: Prebisch and the Dynamics of Capitalism
    Cambridge Journal of Economics, 2016, 40, (6), 1725-1741
    See also Working Paper Reading Keynes in Buenos Aires: Prebisch and the Dynamics of Capitalism, Working Paper Series, Department of Economics, University of Utah (2013) (2013)

2015

26. Investment, Financing and Minsky’s Debt Paradox. A Microeconomic Analysis for Latin America
    Ensayos Económicos, 2015, 1, (73), 57-90
27. Towards an understanding of crisis episodes in Latin America: a post-Keynesian approach
    Review of Keynesian Economics, 2015, 3, (2), 158-180 View citations (1)
    See also Working Paper Toward an Understanding of Crises Episodes in Latin America: A Post-Keynesian Approach, Economics Working Paper Archive (2012) View citations (1) (2012)

2014

28. A regional reserve fund for Latin America
    Revista CEPAL, 2014 View citations (3)
29. Macroeconomics for Development in Latin America and the Caribbean
    International Journal of Political Economy, 2014, 43, (1), 65-91 View citations (2)
30. Un fondo de reservas regional para América Latina
    Revista CEPAL, 2014 View citations (1)
    See also Working Paper Un Fondo de Reservas Regional para América Latina, MPRA Paper (2012) (2012)
31. Weak Expansions: A Distinctive Feature of the Business Cycle in Latin America and the Caribbean
    World Economic Review, 2014, 2014, (3), 69 View citations (1)
    See also Working Paper Weak Expansions: A Distinctive Feature of the Business Cycle in Latin America and the Caribbean, Economics Working Paper Archive (2013) View citations (5) (2013)

2013

32. Is inflation targeting operative in an open economy setting?
    Review of Keynesian Economics, 2013, 1, (3), 347-369 View citations (3)
    See also Working Paper Is Inflation Targeting Operative in an Open Economy Setting?, Working Papers (2013) View citations (6) (2013)

2012

33. Portrait of the economist as a young man: Raúl Prebisch's evolving views on the business cycle and money, 1919-1949
    Revista CEPAL, 2012 View citations (4)
34. Retrato de un joven economista: la evolución de las opiniones de Raúl Prebisch sobre el ciclo económico y el dinero, 1919-1949
    Revista CEPAL, 2012

2010

35. Back to the future: Latin America's current development strategy
    Journal of Post Keynesian Economics, 2010, 32, (4), 623-644 View citations (10)
36. How Stimulative Has Fiscal Policy Been Around the World?
    Challenge, 2010, 53, (3), 6-31

2009

37. Economists in Cambridge. A Study through their Correspondence, 1907-1946
    Review of Political Economy, 2009, 21, (3), 497-500
38. The bigness of smallness: the financial crisis, its contagion mechanisms and its effects in Latin America
    Revista CEPAL, 2009
39. ¿Cómo algo tan pequeño terminó siendo algo tan grande?: crisis financiera, mecanismos de contagio y efectos en América Latina
    Revista CEPAL, 2009

2008

40. Institutions, Globalisation and Empowerment, by Kartik C. Roy and Jörn Sideras
    Eastern Economic Journal, 2008, 34, (3), 412-414
41. The Concept and Evolution of the Developmental State
    International Journal of Political Economy, 2008, 37, (3), 27-53 View citations (7)

2007

42. Global Imbalances and Economic Development
    International Journal of Political Economy, 2007, 36, (4), 5-11
43. La ventaja comparativa como falacia y una regla para la convergencia
    Revista CEPAL, 2007
44. The comparative advantage fallacy and a rule for convergence
    Revista CEPAL, 2007 View citations (1)

2006

45. Harrod's interwar papers and correspondence: a review essay
    Review of Political Economy, 2006, 18, (4), 561-569

2004

46. The Washington consensus: a Latin American perspective fifteen years later
    Journal of Post Keynesian Economics, 2004, 27, (2), 345-365 View citations (7)

2003

47. Liberalización comercial y crecimiento económico en Centroamérica
    Revista CEPAL, 2003 View citations (5)
48. Trade liberalization and economic growth in Central America
    Revista CEPAL, 2003 View citations (12)

1999

49. Balance-of-Payments-Constrained Growth in Central America: 1950–96
    Journal of Post Keynesian Economics, 1999, 22, (1), 131-147 View citations (15)

Books

2019

1. Por qué importa el enfoque estructural de la inflación
   Libros y Documentos Institucionales, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
2. Roy Harrod
   Great Thinkers in Economics, Palgrave Macmillan

2018

3. Aspectos a considerar en la construcción de un sistema financiero inclusivo para el financiamiento productivo
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
4. La banca de desarrollo y la innovación para la inclusión financiera
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

2016

5. A time to reflect on opportunities for debate and dialogue between (neo)structuralism and heterodox schools of thought
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) View citations (4)
6. Los espacios de cooperación e integración financiera regional en un mundo posterior a la crisis
   Coediciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
7. Macroeconomics for development in Latin America and the Caribbean: new thoughts on countercyclicality
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)

2015

8. La incoherencia de la estabilidad: el caso de los modelos de metas de inflación en economías abiertas y sus consecuencias
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) View citations (1)
9. Macroeconomía para el desarrollo en América Latina y el Caribe: nuevas consideraciones sobre las políticas anticíclicas
   Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL)
10. Una coyuntura propicia para reflexionar sobre los espacios para el debate y el diálogo entre el (neo)estructuralismo y las corrientes heterodoxas
    Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL) View citations (4)

Edited books

2023

1. Varieties of Capitalism
   Books, Edward Elgar Publishing

Chapters

2023

1. Inflation targeting in open economies: the contradictions of determinacy and stability
   Chapter 3 in Monetary Policy Challenges in Latin America, 2023, pp 34-58
2. Varieties of peripheral capitalism: on the institutional foundations of economic backwardness
   Chapter 6 in Varieties of Capitalism, 2023, pp 114-135

2020

3. Power and Politics: Taxation, Social and Labour Market Policies in Argentina and Chile, 1990–2010
   Palgrave Macmillan

2019

4. Further Developments in Dynamic Economics
   Palgrave Macmillan
5. Harrod’s Legacy: Pulling It All Together
   Palgrave Macmillan
6. International Economics
   Palgrave Macmillan
7. Statics, Dynamics, and the History of Economic Thought
   Palgrave Macmillan
8. The Early Writings on the Trade Cycle and Imperfect Competition
   Palgrave Macmillan
9. The Essay in Dynamic Theory
   Palgrave Macmillan
10. The Life, Times, and Contributions of Roy Harrod
    Palgrave Macmillan
11. The Reform of the Global Financial Architecture
    Palgrave Macmillan
12. The Trade Cycle
    Palgrave Macmillan

2018

13. Heterodox Central Banking in the Periphery
    A chapter in Including a Symposium on Latin American Monetary Thought: Two Centuries in Search of Originality, 2018, vol. 36C, pp 81-100 View citations (1)

2017

14. Rethinking development
    Chapter 13 in A Modern Guide to Rethinking Economics, 2017, pp 240-262

2010

15. Trade and Economic Growth: A Latin American Perspective on Rhetoric and Reality
    Chapter 20 in Handbook of Alternative Theories of Economic Growth, 2010

Editor

1. Review of Keynesian Economics
   Edward Elgar Publishing