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Fiscal and Monetary History of Argentina (Buera & Nicolini)

The fiscal and monetary history of Argentina 1960-2007 by Francisco Buera and Juan Pablo Nicolini. “In this paper, we use the budget constraint of the government as a conceptual framework to account for the macroeconomic history of Argentina between 1960 till the recent international financial crisis. We argue that the evolution of the fiscal deficit explains most of the macroeconomic instability Argentina experienced during the period.” See PDF Attached

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