NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Nominal versus Indexed Debt: A Quantitative Horse Race

Laura Alfaro, Fabio Kanczuk

NBER Working Paper No. 13131
Issued in May 2007

---- Acknowledgements -----

We thank Aloisio Araujo, Alicia García-Herrero, Nir Jaimovich, Julio Rotemberg, Carmen Reinhart and participants at 2nd International Conference on "Advances in Economic Research, Emerging Markets: Present Issues and Future Challenges," the 2005 LACEA Conference in France and the IMF and University of São Paulo seminars for valuable comments and suggestions. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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