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Unofficial Dollarization and Market Integration: The Case of Latin America (thesis)
This study examines the relationship between unofficial dollarization and goods market integration in the context of dollarizing Latin American nations and the United States. While a breadth of research focuses on the ...
Price Dispersion and the Effectiveness of Integration Efforts
Using a specifically developed measure I find evidence that NAFT A, MERCOSUR, and EU membership are significantly correlated with decreased price dispersion. This suggests that these agreements have increased market ...
Why Openness Matters: Evidence from the Developing World
In this paper I present a realistic scenario about the open-economy framework. I acknowledge the unfair practices imposed by the industrialized nations lead to structural adjustments in the domestic economy. However, I ...