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Macroeconomic volatility and long-run growth in Latin America

Grant number: 07/01692-2
Support Opportunities:Scholarships abroad - New Frontiers
Effective date (Start): September 01, 2007
Effective date (End): March 31, 2008
Field of knowledge:Applied Social Sciences - Economics - Growth, Fluctuations and Economic Planning
Principal Investigator:Vladimir Kuhl Teles
Grantee:Vladimir Kuhl Teles
Host Investigator: Philippe Aghion
Host Institution: Escola de Economia de São Paulo (EESP). Fundação Getúlio Vargas (FGV). São Paulo , SP, Brazil
Research place: Harvard University, Cambridge, United States  

Abstract

The research aims to investigate the effects of macroeconomic volatility on long-run economic growth in Latin American countries, in particular with respect to the effects of the public debt volatility. These countries characteristics are especially appropriate because they presented significant changes in growth paths and fiscal policies during the last fifty years in spite of very similar institutional and political patterns. (AU)

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