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Commitment vs. flexibility

[PDF] from econometricsociety.org
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M Amador, I Werning… - Econometrica, 2006 - Wiley Online Library
We study the optimal trade-off between commitment and flexibility in a consump-tion–
savings model. Individuals expect to receive relevant information regarding tastes and thus
they value the flexibility provided by larger choice sets. On the other hand, they also ...
Cited by 79 - Related articles - BL Direct - All 11 versions

[PDF] A political economy model of sovereign debt repayment

[PDF] from lse.ac.uk
M Amador - Manuscript, Stanford University, 2003 - sticerd.lse.ac.uk
Abstract Bulow and Rogoff (1989) show that a country that has access to a sufficiently rich
asset market cannot commit to repay its debts and therefore should be unable to borrow.
This is because for any debt contract, there exists a time at which the country is made ...
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Learning from prices: Public communication and welfare

[PDF] from stanford.com
M Amador… - 2008 - nber.org
We study the effect of releasing public information about productivity or monetary shocks
when agents learn from nominal prices. While public releases have the benefit of providing
new information, they can have the cost of reducing the informational efficiency of the ...
Cited by 43 - Related articles - Library Search - All 16 versions

Growth in the Shadow of Expropriation

[HTML] from oxfordjournals.org
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M Aguiar… - The Quarterly Journal of Economics, 2011 - qje.oxfordjournals.org
Abstract We propose a tractable variant of the open economy neoclassical growth model
that emphasizes political economy and contracting frictions. The political economy frictions
involve a preference for immediate spending, while the contracting friction is a lack of ...
Cited by 41 - Related articles - Library Search - All 55 versions

Entrepreneurial pressure and innovation

[PDF] from afajof.org
M Amador… - 2003 - papers.ssrn.com
Abstract: Ideas occur to managers that can replace existing technologies. Managers choose
between contracts offered by an existing firm and a competitive venture capitalist.
Implementing ideas within the existing firm has costs and advantages. Relying on existing ...
Cited by 34 - Related articles - All 7 versions

Investment cycles and sovereign debt overhang

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M Aguiar, M Amador… - Review of Economic …, 2009 - Wiley Online Library
We characterize optimal taxation of foreign capital and optimal sovereign debt policy in a
small open economy where the government cannot commit to policy, seeks to insure a risk-
averse domestic constituency, and is more impatient than the market. Optimal policy ...
Cited by 29 - Related articles - Library Search - BL Direct - All 40 versions

[PDF] Sovereign Debt and the Tragedy of the Commons

[PDF] from psu.edu
M Amador - Manuscript, 2008 - Citeseer
Abstract In this paper I study a tragedy-of-the-commons model: a small open economy
composed of different groups that compete for access to government resources and a
government can save and borrow from risk-neutral foreigners. I show that the same ...
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Commitment vs. flexibility

[PDF] from cesifo-group.de
M Amador, I Werning… - 2003 - nber.org
This paper studies the optimal trade-off between commitment and flexibility in an
intertemporal consumption/savings choice model. Individuals expect to receive relevant
information regarding their own situation and tastes-generating a value for flexibility-but ...
Cited by 19 - Related articles - Library Search - All 48 versions

[HTML] Nutrition and health issues in Cuba: strategies for a developing country

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M Amador… - Congenital anomalies, 1991 - nzdl.org
Abstract Positive changes in the nutrition and health of the Cuban population have taken
place in the last three decades. The strategies developed for their attainment have been
mainly in the public health sector. Changes in health indicators closely linked to the ...
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Learning from Private and Public Observation of Other's Actions

[PDF] from uni-muenchen.de
M Amador… - 2006 - mpra.ub.uni-muenchen.de
We study how a continuum of agents learn about disseminated information by observing
others' actions. Every period each agent observes a public and private noisy signal centered
around the aggregate action taken by the population. The public signal represents an ...
Cited by 46 - Related articles - All 34 versions

A political model sovereign debt repayment

M Amador - 2004 Meeting Papers, 2004 - ideas.repec.org
Bulow and Rogoff (1989) show that a country that has access to a sufficiently rich asset
market cannot commit to repay its debts and therefore should be unable to borrow. This is
because for any debt contract, there exists a time at which the country is made better off by ...
Cited by 10 - Related articles - Cached - All 3 versions

[PDF] On the optimality of tariff caps

[PDF] from stanford.edu
M Amador… - Unpublished working paper, 2010 - stanford.edu
Abstract We consider a model in which governments negotiate a trade agreement while
uncertain about future political pressures. After the agreement is formed and before applying
its import tariff, a government privately observes its political economy parameter. This ...
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Efficient fiscal policy and amplification

[PDF] from mecon.gov.ar
M Aguiar, M Amador… - 2005 - nber.org
We provide a rationale for the observed pro-cyclicality of tax policies in emerging markets
and present a novel mechanism through which tax policy amplifies the business cycle. Our
explanation relies on two features of emerging markets: limited access to financial markets ...
Cited by 9 - Related articles - Library Search - BL Direct - All 10 versions

[HTML] Feeding practices and growth in a healthy population of Cuban infants

[HTML] from unu.edu
M Amador, MP Hermelo, M Valdes, M Ruiz… - Self, 1992 - archive.unu.edu
Abstract The feeding practices for a selected sample of 100 infants and the infants' growth
were followed from hospital discharge until one year of age. Normal, full-term newborn
infants weighing more than 2,500 g whose mothers were 20-30 years old, literate, and ...
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Relationship between frame size and fatness in children and adolescents

E Martinez, J Bacallao, M Devesa… - American Journal of …, 1995 - Wiley Online Library
Abstract In order to evaluate variation in body fatness by category of frame size (small,
medium, and large) during growth, a sample of 7,286 Cuban children and adolescents
(3,721 males, 3,565 females) 5–20 years was surveyed. Fatness was estimated from ...
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[CITATION] Savings under political compromise

M Amador - 2003 - Stanford mimeo
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Efficient expropriation: sustainable fiscal policy in a small open economy

[PDF] from bostonfed.org
M Aguiar, M Amador… - 2006 - papers.ssrn.com
Abstract: We study a small open economy characterized by two empirically important
frictions-incomplete financial markets and an inability of the government to commit to policy.
We characterize the best sustainable fiscal policy and show that it can amplify and prolong ...
Cited by 6 - Related articles - All 10 versions

Características de la introducción de alimentos al lactante en Cuba; Characteristics of the introduction of foods into the diets of infants in Cuba

LC Silva, C Fuentelsaz… - Boletín de la Oficina …, 1993 - bases.bireme.br
Resumo: Los propósitos del trabajo son estimar el patrón prevaleciente de introducción de
los alimentos no lácteos en la dieta de los niños en Cuba y el grado en que este patrón se
aparta de las recomendaciones aceptadas internacionalmente. Se realizó un estudio ...
Cited by 19 - Related articles - Cached - BL Direct - All 5 versions

[CITATION] Optimal Commitment

M Amador, GM Angeletos… - Manuscript, Massachusetts Institute of …, 2003
Cited by 4 - Related articles

[CITATION] Corrective vs. Redistributive Taxation

M Amador, GM Angeletos… - 2004 - MIT working paper
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La investigación en los centros de educación médica superior de Cuba; Research in centers of higher medical education in Cuba

M Amador, M Peña, S Valido… - Rev. cuba. adm. …, 1985 - bases.bireme.br
Resumo: El papel de la investigación en la Educación Superior en la época actual,
caracterizada por la Revolución Social y la Revolución Científico-Técnica, se define en dos
aspectos fundamentales: su contribución al desarrollo socio-económico del país y su ...
Cited by 8 - Related articles - Cached

[PDF] The theory of optimal delegation with an application to tariff caps

[PDF] from stanford.edu
M Amador… - 2011 - stanford.edu
Abstract We consider a general representation of the delegation problem, with and without
money burning, and provide sufficient and necessary conditions under which an interval
allocation is optimal. We also provide a partial characterization for cases were money ...
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[CITATION] George–Marios–Angeltos.“Commitment vs. Flexibility.”

M Amador… - … , 2003. http://papers. ssrn. com/sol3/ …
Cited by 2 - Related articles

[CITATION] Sovereign Debt Cycles

M Aguiar, M Amador… - NBER Working Paper, 2007
Cited by 2 - Related articles

[CITATION] Pierre $ Olivier Weill. 2007, mLearning from Private and Public Observa $ tions of OtherslActions. nMimeo Stanford

M Amador - UCLA
Cited by 2 - Related articles

[CITATION] A Political Economy Model of Sovereign Debt Repayment

A Manuel - 2003 - Working Paper, Stanford University
Cited by 2 - Related articles

[CITATION] entrusted with the Civil and Military Government

MA Guerrero - June
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[CITATION] Breastfeeding trends in Cuba

M Amador, LC Silva, G Uriburu, M Otaduy… - World review of nutrition …, 1995 - cat.inist.fr
RefDoc Refdoc est un service / is powered by. ...
Cited by 5 - Related articles - BL Direct - All 4 versions

Obesity in Adolescence

MA Amador - Obesity and Poverty. A New Public Health …, 2004 - ingentaconnect.com
Page 1. 117 1 Instituto de Nutrición e Higiene de los Alimentos, Havana, Cuba.
INTRODUCTION Adolescents are particularly susceptible to environmental factors,
particular those related to food and nutrition. In turn, the onset ...
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Fiscal policy in debt constrained economies

[PDF] from uchicago.edu
MA Aguiar… - 2011 - nber.org
We study optimal fiscal policy in a small open economy (SOE) with sovereign and private
default risk. The SOE's government uses linear taxation to fund exogenous expenditures
and uses public debt to inter-temporally allocate tax distortions. We characterize a class of ...
Cited by 1 - Related articles - All 11 versions

[PDF] Learning from Prices: Central Bank Communication and Welfare

[PDF] from upenn.edu
M Amador… - 2007 - economics.sas.upenn.edu
Abstract We present a micro-founded monetary economy where agents are uncertain about
both an aggregate productivity parameter and the monetary aggregate. We show that when
agents learn from the distribution of prices, an increase in public information about the ...
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[PDF] Entrepreneurial Pressure, Innovation, and Rent Cannibalization

[PDF] from chicagobooth.edu
M Amador… - Massachusetts Institute of Technology, …, 2002 - chicagobooth.edu
Abstract Ideas occur to managers who envision projects that can possibly improve existing
technologies. Such projects can be implemented either inside existing firms or be financed
outside with venture capital. The willingness of an incumbent firm to implement a new idea ...
Cited by 1 - Related articles - View as HTML - All 6 versions

[PDF] The Impact of Migration and Remittances on Wealth Accumulation and Distribution in Rural Thailand

[PDF] from harvard.edu
F Garip, F Garip, A Berger, H Cox, HC Kelman… - 1998 - wcfia.harvard.edu
Abstract This paper studies the impact of internal migration and remittance flows on wealth
accumulation and distribution in 22 rural villages in Nang Rong, Thailand. Using data from
943 households, the study constructs indices of household productive and consumer ...
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El trabajo científico de los estudiantes: su papel en la formación de los profesionales de la salud; The scientific work of the students: its contribution to the education of …

M Amador, JE Fernández Britto, S Valido… - Educ. méd. salud, 1984 - bases.bireme.br
Resumo: Se exponen los resultados de 16 años de experiencia en el desarrollo científico
de los estudiantes de ciencias médicas en Cuba, particularmente de la antigua Facultad de
Medicina de la Universidad de La Habana, hoy Instituto Superior de Ciencias Médicas. ...
Cited by 4 - Related articles - Cached - All 2 versions

Estado actual de lactancia materna en un área rural de Nicaragua

M Marrero, M Alvarez… - Revista cubana de pediatría, 1985 - cat.inist.fr
Résumé/Abstract On constate que 2/3 des enfants ont reçu du lait maternel et que 3, 6%
n'ont jamais été allaités. Plus de la moitié des enfants étaient sevrés avant l'âge de 6 mois.
On note que les enfants qui n'ont jamais été allaités présentent plus souvent des ...
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[CITATION] Carta familiar enviada por el Dr. Manuel Amador Guerrero a propósito de su recibimiento en Estados Unidos

M Amador Guerrero - suplemento Epocas
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[PDF] Fiscal Policy Amplified Cycles

[PDF] from berkeley.edu
M Aguiar, M Amador… - 2005 - emlab.berkeley.edu
Abstract Emerging markets are characterized by high levels of income volatility. These
cycles are accompanied by procyclical fiscal policies: governments tend to increase
spending and reduce taxes during expansions; and the reverse during contractions. What ...
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[PDF] Online Appendix to:“Learning from Prices: Public Communication and Welfare”

[PDF] from google.com
M Amador… - sites.google.com
Section V, page 10, derives conditions for unique and multiple equilibria. We show how
these conditions are affected by public information. In particular, because of multiplicity,
public information can have discontinuous negative effects on total knowledge and ...
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[PDF] Efficient Expropriation: Sustainable Fiscal Policy in

[PDF] from harvard.edu
M Aguiar, M Amador… - 2006 - economics.harvard.edu
Abstract We study a small open economy characterized by two empirically important frictions–
incomplete financial markets and an inability of the government to commit to policy. We
characterize the best sustainable fiscal policy and show that it can amplify and prolong ...
Related articles - View as HTML - All 11 versions

[PDF] Tariff Revenue and Tariff Caps

[PDF] from aeaweb.org
M AMADOR… - aeaweb.org
Governments negotiate trade agreements in order to achieve mutual welfare gains relative
to the welfares that they would enjoy in the absence of a trade agreement. Mutual gains are
possible when governments preside over large countries, since an import tariff imposed ...
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ISSUES DISCUSSED

Full text - MIT Libraries
A Carstens, M Amador, J Cogan, P Gregory… - Policy, 2011 - media.hoover.org
PARTICIPANTS Agustín Carstens, Manuel Amador, John Cogan, Paul Gregory, John Gunn,
Steve Haber, Marc Hafstead, Kurt Hauser, Nick Hope, Pitch Johnson, Catherine Johnson,
Anne Krueger, Ron McKinnon, William Ratliff, Myron Scholes, Ken Scott, George Shultz, ...
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[CITATION] Optimal Fiscal Policy and Amplification in a Small Open Economy

M Aguiar, M Amador… - 2005
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[PDF] Optimal Fiscal Policy in Debt Constrained Economies

[PDF] from yale.edu
M Aguiar… - 2011 - econ.yale.edu
Abstract We study optimal fiscal policy in a small open economy (SOE) with sovereign
default risk. The SOE's government uses linear taxation to fund exogenous expenditures
and uses public debt to inter-temporally allocate tax distortions. We characterize a class of ...
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Expropriation Dynamics

[PDF] from psu.edu
Full text - MIT Libraries
M Aguiar, M Amador… - The American Economic Review, 2009 - JSTOR
2 The correlation between the inverse measure of expro priation risk and GDP is 0.68, and
the political risk and GDP is 0.71. reversals and the associated economic volatili ty. 3 In
particular, we explore the joint dynamics of sovereign debt, investment, and expropriation ...
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[CITATION] Fiscal Policy Amplified Shocks in Emerging Markets

G Gopinath, M Aguiar… - 2005 Meeting Papers, 2005 - econpapers.repec.org
By Gita Gopinath, Mark Aguiar and Manuel Amador; Fiscal
Policy Amplified Shocks in Emerging Markets.
Cached - All 4 versions

[PDF] Sustainable Fiscal Policy in a Small Open Economy

[PDF] from 209.197.108.139
M Aguiar, M Amador… - 2005 - 209.197.108.139
Abstract We study a small open economy characterized by two main frictions–incomplete
financial markets and an inability of the government to commit to policy. We characterize the
best sustainable fiscal policy and show that it can prolong shocks to output. In particular, ...
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Climate Change and Organic Farming in Developing Countries

[PDF] from orgprints.org
A Fliessbach, M Amador, A Meirelles, O Schwank… - 2007 - orgprints.org
... Centro Ecológico). •Proyecto Global (FiBL) Page 29. Corporación Educativa para el Desarrollo
Costarricense. Investigacion: Gases de Efecto Invernadero y Agricultura Orgánica. Muchas
Gracias!!! Proyecto apoyado por: Jonathan Castro, Manuel Amador. CEDECO 2007.
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Home:: Research & Data:: Papers & Publications:: Research Department Working Papers

M Aguiar, M Amador… - bostonfed.org
We study a small open economy characterized by two empirically important frictions—
incomplete financial markets and an inability of the government to commit to policy. We
characterize the best sustainable fiscal policy and show that it can amplify and prolong ...
Cached - All 2 versions

Essays in macroeconomics and political economy

[PDF] from mit.edu
D Acemoglu, O Blanchard, MA Amador - 2003 - dspace.mit.edu
Page 1. Essays in Macroeconomics and Political Economy by Manuel Andrés Amador
BS, Pontificia Universidad Católica Madre y Maestra (1997) Submitted to the
Department of Economics in partial fulfillment of the requirements ...
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[HTML] Strategies for developing countries: Experiences in Latin America and the Caribbean

[HTML] from greenstone.org
M Amador - FOOD AND NUTRITION BULLETIN-UNITED …, 1995 - greenstone.org
Abstract Developing countries face severe poverty, unemployment, low agriculture
productivity, unequal distribution of income and consumption, poor sanitation, and illiteracy.
These problems are difficult to solve because of lack of resources, industrial ...
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[PDF] Foro Agenda Nacional de Reformas al Poder Judicial

[PDF] from 200.91.68.19
CA de Costa Rica… - 2006 - 200.91.68.19
Debido a la coincidencia de puntos de vista detectada en el análisis del material
documental y de entrevistas a expertos, se estimó conveniente a la hora de indicar orígenes
y precipitantes de la crisis33 que atraviesa el GAJ, agrupar los señalamientos en tres ...
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[CITATION] Caracterización socio-productiva y tipología de productores del cantón de Acosta

M Amador - 1995 - Programa de Ecodesorrollo, …
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Breastfeeding practices in Cuba: a comparison

M Amador, LC Silva… - Cajanus, 1994 - bases.bireme.br
Resumo: The results of two Nationals Surveys on breastfeeding practices carried out in
Cuba in 1973 and 1990 are compared with figures reported in different Caribbean countries
during the same periods. The patterns found in 1973 show that a high proportion of infants ...
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[CITATION] Homenaje al Doctor Manuel Amador Guerrero en el Centenario de su Nacimiento 1833-Junio 30-1933

MA Guerrero… - 1933

[CITATION] Essays in Macroeconomics and Political Economy

MA Amador - 2003 - en.scientificcommons.org
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[CITATION] Ecodesarrollo y educación popular: La experiencia de Acosta

M Amador… - 1992 - Corporación Educativa para el …
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Cambios en el desarrollo somático y sexual de niños de una escuela primaria; Changes in the somalic and sexual develpment of children attending a grammar …

M Amador, J Aguilar, J Cabrera, P Caliste… - Rev. cuba. …, 1986 - bases.bireme.br
Resumo: Se realiza en 176 escolares sanos (87 niñas y 89 niños) de edad inicial entre 5,
50 y 10, 49 años, de una escuela primaria de Ciudad de La Habana, un estudio de los
cambios en el desarrollo somático y sexual ocurridos en un intervalo de 3 años. Se miden ...
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