En los últimos años, se ha discutido mucho la relación entre la volatilidad de la estructura de las tasas de interés y la actividad económica, especialmente en economías de mercado emergentes como Brasil, Chile, México, entre otras. Dicho debate se ha desarrol... More »
Will the central bank in the United States reduce or maintain the current interest rate? Do statements made by the Board Chair suggest a possible increase in the interest rate? What is the central bank´s forecast for inflation and employment in the medium-term... More »
While there is obviously a great deal of speculation regarding specifics, the general contours of President-elect Trump’s economic plan seem to include large tax cuts, particularly for wealthy individuals and corporations, aggressive deregulation of the financ... More »
New research shows how innovation in finance may increase the aggregate demand for investments over time, yet lower the expected return on assets. More »
Federal Reserve announcements about “tapering,” or reducing the level of quantitative easing, had significant negative impacts on financial asset prices in otherwise robust emerging market economies. More »
Contrary to analysts’ expectations, US capital outflow was relatively small in 2011 and the US dollar actually appreciated against the currency of emerging markets. More »
Improved disclosure of financial information and compensation schemes that tie executive pay to credit quality could help avoid another financial collapse. More »
The Federal Reserve continues to deal with the aftermath of the financial crisis. A top official in the Chicago branch details how they are working to prevent another. More »