Leonardo Leiderman
Dados Biográficos
| ID | 3591690 |
|---|---|
| NOME | Leonardo Leiderman |
| PRENOMES | Leonardo |
| SOBRENOME | Leiderman |
| ASSINATURA | LEIDERMAN L |
| AFILIAÇÕES | Tel Aviv University |
| VERIFICADO | Não |
| TOTAL DE OBRAS | 11 |
| TOTAL DE CITAÇÕES | 19 |
| TOTAL COMO AUTOR | 11 |
| TOTAL COMO EDITOR | 0 |
| PRIMEIRO ANO DE PUBLICAÇÃO | 1979 |
| ANO MAIS RECENTE DE PUBLICAÇÃO | 1998 |
| ÍNDICE H | 2 |
High real interest rates in the aftermath of disinflation
Inflows of Capital to Developing Countries in the 1990s
Half a decade has passed since the resurgence of international capital flows to many developing countries and history has, once again, shown that foreign investment is prone to repeated booms and busts. Mexico's 1994 crisis is but a recent example that highlights the vulnerability of capital-importing countries to abrupt reversals; thus, an aim of policy is to reduce that vulnerability. This paper discusses the principal causes, facts, and polici…
Capital Inflows and Real Exchange Rate Appreciation in Latin America
The term structure of interest rates during a financial reform
Portfolio Implications of Empirical Rejections of the Expectations Hypothesis
The purpose of this paper is to characte rize a portfoli o strategy that exploits the informat ion conveyed by empirica l rejectio ns of the termstructur e Expectat ions Hypothes is.After providin g new evidence on such rejectio ns, the analysis derives optimal portfoli o position s across Treasury bills of 1 through 6 months maturiti es and gives a quantita tive assessme nt of the implied risk/ret urn tradeoff s
On the monetary-macro dynamics of Colombia and Mexico
A Monetary Approach to the Crawling-Peg System
This paper develops and estimates a model of the joint determination of the exchange rate, international reserves, and the rate of inflation under a crawling-peg system. The framework presented, which is an extension of previous work on the monetary approach, generates short-run deviations from purchasing power parity that occur simultaneously with movements in both international reserves and the exchange rate. The model is estimated by full-info…
On the Real Effects of Inflation and Relative-Price Variability
Mario I. Blejer, Leonardo Leiderman, On the Real Effects of Inflation and Relative-Price Variability: Some Empirical Evidence, The Review of Economics and Statistics, Vol. 62, No. 4 (Nov., 1980), pp. 539-544
Output Supply in the Open Economy
S INCE the development of formal macroeconomic models for open economies, most of the relevant literature has been characterized by a dichotomy in the specification of the economy's supply of real output: either a simple Keynesian case of perfectly elastic supply, or an inelastic output supply specified.' Only recently attempts have been made to study the intermediate, and plausible, case in which changes in demand for a country's output lead bot…
Expectations and Output-Inflation Tradeoffs in a Fixed-Exchange-Rate Economy
This paper develops and estimates a model of output-inflation tradeoffs (or reverse Phillips curves) for a fixed-exchange-rate economy. The main focus of the analysis is on the role of information and economic agents' expectations in the generation of aggregate economic fluctuations. The model embodies the hypothesis of rational expectations, as well as different versions of the natural-rate hypothesis. These hypotheses, central to the current ma…
Distribution, Political Conflict and Economic Growth
Inflows of Capital to Developing Countries in the 1990s
Half a decade has passed since the resurgence of international capital flows to many developing countries and history has, once again, shown that foreign investment is prone to repeated booms and busts. Mexico's 1994 crisis is but a recent example that highlights the vulnerability of capital-importing countries to abrupt reversals; thus, an aim of policy is to reduce that vulnerability. This paper discusses the principal causes, facts, and polici…
A Monetary Approach to the Crawling-Peg System
This paper develops and estimates a model of the joint determination of the exchange rate, international reserves, and the rate of inflation under a crawling-peg system. The framework presented, which is an extension of previous work on the monetary approach, generates short-run deviations from purchasing power parity that occur simultaneously with movements in both international reserves and the exchange rate. The model is estimated by full-info…
On the monetary-macro dynamics of Colombia and Mexico
Expectations and Output-Inflation Tradeoffs in a Fixed-Exchange-Rate Economy
This paper develops and estimates a model of output-inflation tradeoffs (or reverse Phillips curves) for a fixed-exchange-rate economy. The main focus of the analysis is on the role of information and economic agents' expectations in the generation of aggregate economic fluctuations. The model embodies the hypothesis of rational expectations, as well as different versions of the natural-rate hypothesis. These hypotheses, central to the current ma…
Expectations and Output-Inflation Tradeoffs in a Fixed-Exchange-Rate Economy
This paper develops and estimates a model of output-inflation tradeoffs (or reverse Phillips curves) for a fixed-exchange-rate economy. The main focus of the analysis is on the role of information and economic agents' expectations in the generation of aggregate economic fluctuations. The model embodies the hypothesis of rational expectations, as well as different versions of the natural-rate hypothesis. These hypotheses, central to the current ma…
On the Real Effects of Inflation and Relative-Price Variability
Mario I. Blejer, Leonardo Leiderman, On the Real Effects of Inflation and Relative-Price Variability: Some Empirical Evidence, The Review of Economics and Statistics, Vol. 62, No. 4 (Nov., 1980), pp. 539-544
Output Supply in the Open Economy
S INCE the development of formal macroeconomic models for open economies, most of the relevant literature has been characterized by a dichotomy in the specification of the economy's supply of real output: either a simple Keynesian case of perfectly elastic supply, or an inelastic output supply specified.' Only recently attempts have been made to study the intermediate, and plausible, case in which changes in demand for a country's output lead bot…
A Monetary Approach to the Crawling-Peg System
This paper develops and estimates a model of the joint determination of the exchange rate, international reserves, and the rate of inflation under a crawling-peg system. The framework presented, which is an extension of previous work on the monetary approach, generates short-run deviations from purchasing power parity that occur simultaneously with movements in both international reserves and the exchange rate. The model is estimated by full-info…
On the monetary-macro dynamics of Colombia and Mexico
Portfolio Implications of Empirical Rejections of the Expectations Hypothesis
The purpose of this paper is to characte rize a portfoli o strategy that exploits the informat ion conveyed by empirica l rejectio ns of the termstructur e Expectat ions Hypothes is.After providin g new evidence on such rejectio ns, the analysis derives optimal portfoli o position s across Treasury bills of 1 through 6 months maturiti es and gives a quantita tive assessme nt of the implied risk/ret urn tradeoff s
The term structure of interest rates during a financial reform
Capital Inflows and Real Exchange Rate Appreciation in Latin America
Inflows of Capital to Developing Countries in the 1990s
Half a decade has passed since the resurgence of international capital flows to many developing countries and history has, once again, shown that foreign investment is prone to repeated booms and busts. Mexico's 1994 crisis is but a recent example that highlights the vulnerability of capital-importing countries to abrupt reversals; thus, an aim of policy is to reduce that vulnerability. This paper discusses the principal causes, facts, and polici…
High real interest rates in the aftermath of disinflation
Distribution, Political Conflict and Economic Growth
Economics (11 obras) · Economic Theory and Policy (8 obras) · Monetary Policy and Economic Impact (8 obras) · Econometrics (5 obras) · Economic theories and models (5 obras) · Macroeconomics (5 obras) · Monetary economics (5 obras) · Exchange rate (4 obras) · Political science (4 obras) · Inflation (cosmology (3 obras)