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Argentina?s economic crisis can be explained from the basis of its structural contradiction: foreign currency proceeds from economic sectors and activities which are independent and even antagonic with domestic market di...

Most practitioners add the country risk to the discount rate when valuing projects in Emerging Markets. In addition to the problems already pointed out in the literature, in this paper we claim that such practice leads t...

The paper demonstrates that two relatively unknown features of the employment cycle in U.S. manufacturing industries can provide a clue to understanding the role of sectorial shocks in the evolution of aggregate employme...