Chapter on the history of monetary policy for the Elgar Companion to the Economies of Latin America and the Caribbean (opens in new tab)

My paper with Esteban Pérez has been published and is available now here. From the abstract of our chapter:Monetary policy in Latin America has evolved in five different phases. The first one is characterized by the establishment of the first central banks adhering to a gold standard. The second phase is marked by the abandonment of the gold standard and the adoption of discretionary over rules based monetary policy. The third phase consists in the generalized adoption of developmental and in...