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How to end a chronic inflation? Evidence from 47 Latin American stabilization programs

Author

Listed:
  • Joaquín Waldman

    (CONICET–Centro de Estudios de Estado y Sociedad (CEDES); CONICET–Universidad de Buenos Aires. Facultad de Ciencias Económicas. Instituto Interdisciplinario de Economía Política (IIEP); Universidad de Alcalá. Instituto Universitario de Investigación en Estudios Latinoamericanos (IELAT).)

Abstract

Using Palazzo et al. (2023)’s episodic database of stabilization attempts, the paper estimates ordered probit models to identify initial conditions that increase the probability of lasting disinflations in Latin America.

Suggested Citation

  • Joaquín Waldman, 2024. "How to end a chronic inflation? Evidence from 47 Latin American stabilization programs," Documentos de trabajo del Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET) 2024-94, Universidad de Buenos Aires, Facultad de Ciencias Económicas, Instituto Interdisciplinario de Economía Política IIEP (UBA-CONICET).
    • Handle: RePEc:ake:iiepdt:2024-94
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    Keywords

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    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy

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