Capital Flows are Fickle: Anytime, Anywhere by John C Bluedorn, Rupa Duttagupta, Jaime Guajardo, Petia Topalova, published by IMF, indicated by Alvaro Manoel (8/2013). Has the unprecedented financial globalization of recent years changed the behavior of capital flows across…
The rewards of fiscal consolidation: sovereign spreads and confidence effects by Antonio C. David, Jaime Guajardo and Juan F. Yépez published by IMF (7/2019). “…These results constitute direct evidence that confidence effects, in the form of lower sovereigh spreads,…