Liquidity and Foreign Asset Management Challenges for Latin American Countries
---- Acknowledgments ----
Prepared for the 18th Annual Conference of the Central Bank of Chile "Commodity Prices and Macroeconomic Policy," October 2014, Santiago, Chile [Rodrigo Caputo and Roberto Chang, eds.]. Insightful comments by Martin Bodenstein, Jose De Gregorio, Pablo Garcia and Governor Rodrigo Vergara are gratefully acknowledged. Support from the Bank of Chile is gratefully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research and the Bank of Chile.