Argentina's lost decade

Finn E. Kydland and Carlos Zarazaga

No 107, 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.

Keywords: Argentina; depression; growth models (search for similar items in EconPapers)
JEL-codes: E32 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2001-08-01
Note: Published as: Kydland, Finn E. and Carlos E.J.M. Zarazaga (2002), "Argentina's Lost Decade," Review of Economic Dynamics 5 (1): 152-165.
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Related works:
Journal Article: Argentina's Lost Decade (2002)
Working Paper: Argentina's lost decade (2001)
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