Browsing Journal of CENTRUM Cathedra by Subject "Argentina"
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Interest Rate Adjustment Mechanisms as a Response to External Shocks: Evidence from Argentina's Convertibility Plan (1991-2002)
(Pontificia Universidad Católica del Perú. CENTRUMPE, 2010)From 1991 to 2002, Argentina engaged in an economic stabilization strategy, the “Convertibility Plan,” that fixed the national currency to the U.S. dollar. This article analyzes how the counter-cyclical role of domestic ...