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6 publications found, searching for 'Alberto Botta '
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Working Paper No. 999January 18, 2022
Structural Change, Productive Development, and Capital Flows
AbstractThe outbreak of COVID-19 brought back to the forefront the crucial importance of structural change and productive development for economic resilience to economic shocks. Several recent contributions have already stressed…more
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Working Paper No. 878December 12, 2016
The Short- and Long-run Inconsistency of the Expansionary Austerity Theory
AbstractThis paper provides a critical analysis of expansionary austerity theory (EAT). The focus is on the theoretical weaknesses of EAT—the extreme circumstances and fragile assumptions under which expansionary consolidations might…more
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Working Paper No. 853November 09, 2015
Finance, Foreign Direct Investment, and Dutch Disease
AbstractIn recent years, Colombia has grown relatively rapidly, but it has been a biased growth. The energy sector (the “locomotora minero-energetica,” to use the rhetorical expression of President Juan Manuel…more
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Working Paper No. 850October 28, 2015
The Macroeconomics of a Financial Dutch Disease
AbstractWe describe the medium-run macroeconomic effects and long-run development consequences of a financial Dutch disease that may take place in a small developing country with abundant natural resources. The first…more
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Working Paper No. 794March 31, 2014
Structural Asymmetries at the Roots of the Eurozone Crisis
AbstractIn this paper, we analyze and try to measure productive and technological asymmetries between central and peripheral economies in the eurozone. We assess the effects such asymmetries would likely bring…more
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Working Paper No. 740December 07, 2012
Conflicting Claims in the Eurozone?
AbstractIn this paper, we analyze the role of the current institutional setup of the eurozone in fostering the ongoing peripheral euro countries’ sovereign debt crisis. In line with Modern Money…more
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