Multiple equilibria, Balance of Payment crises and stabilization plans

This article aims to cast doubt on the generalized idea that failures when implementing stabilization plans or the materialization of a balance of payment crisis are the inevitable ending of a determined macroeconomic trajectory. To support the statement, we introduce the theoretical concept of mult...

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Bibliographic Details
Main Author: Oviedo, Nicolás
Format: Online
Language:spa
Published: Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2020
Subjects:
Online Access:https://revistas.unc.edu.ar/index.php/acteconomica/article/view/30504