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We analyse the desirability of allowing cooperative banks to participate in the interbank market in Chile. We find that it is advisable to allow...
Venture capital (VC) contributes to the financing of high-growth companies. In Latin America and the Caribbean, this capital is lower than in...
This paper examines the relationship between economic growth and financial development in Brazil. To this end, a data panel is constructed of all...
Monetary regimes and labour institutions: an alternative interpretation of the downward trend in exchange-rate pass-through in peripheral...
This article is the short but crucial history of four years of transition in a monetary and exchange-rate regime that culminated in 1933 with the...
Using quarterly data on the Chilean economy from 1986 to 2009, this article looks at the effect of gradual implementation of an inflation-...
This article contains a theoretical and policy analysis of the financial constraints on economic development in developing countries. Following a...
Este artículo presenta una evaluación crítica de la teoría de la represión financiera, a la que contrapone un enfoque alternativo sobre el...
This article presents a critique of the theory of financial repression, in place of which it offers an alternative approach to development...