Home > Sebastian Edwards

Session 5: Management of Capital Flow Measures – Fifteenth Jacques Polak Annual Research Conference “Cross-Border Spillovers” SPEAKERS ALEJANDRO WERNER, DIRECTOR WESTERN HEMISPHERE DEPARTMENT IMF MÁRCIO GARCIA, PUC-RIO SEBASTIAN EDWARDS, UCLA JULIEN BENGUI, UNIVERSITÉ DE MONTRÉAL OLIVIER JEANNE, JOHNS HOPKINS…

Modern monetary theory: cautionary tales from Latin America by Sebastian Edwards published by Hoover Institution (4/2019). “…The four experiments studied in this paper ended up badly, with runaway inflation, huge currency devaluations, and precipitous real wage declines. These experiences…