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Currency Mismatches and Vulnerability to Exchange Rate Shocks: Nonfinancial Firms in Colombia
After building up foreign currency denominated (FC) liabilities over several years, Colombian firms might be vulnerable to a shift in external conditions. We undertake three empirical exercises to better understand these vulnerabilities. First, we identify the determinants of FC borrowing. Second, we investigate the implications for real activity, finding a balance sheet effect that transmits exchange rate fluctuations to investment and is asymmetric, much stronger for depreciations than for appreciations. Finally, we find that foreign exchange derivatives are not used solely for hedging, due in part to monetary authority intervention to smooth exchange rate volatility. However, a full explanation remains open for future research.
Latinos in Milwaukee
"I didn't know there were Latinos in Wisconsin" is one of the more frequently heard comments when visiting outside of the state. In fact, more than 100,000 Latinos live in Milwaukee, and the continued growth of this community is visible in every segment of the city. Milwaukee's Latino community began humbly as a "Colonia Mexicana" in the 1920s, when Mexicans were recruited to work in the city's tanneries. Subsequent waves of workers came from Texas to work in Wisconsin's agricultural fields. In the early 1950s, Puerto Ricans began arriving to the area, and the population doubled in the 1990s.
Working Together
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Sisterhood of the Squared Circle
Documenting the rise of women’s wrestling from sideshow to WWE main event Sisterhood of the Squared Circle presents the fascinating history of women’s wrestling, from the carnival circuit of the late 1800s to today’s hugely popular matches. With more than 100 wrestler profiles, find out how backstage politics, real-life grudges, and incredible personalities shaped the business. The careers of many well-known trailblazers, including Mildred Burke, the Fabulous Moolah, Mae Young, Penny Banner, Wendi Richter, Trish Stratus, Chyna, and Lita, are celebrated alongside today’s stars, like Charlotte, Sasha Banks, and Bayley. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px Times; -webkit-text-stroke: #000000} span.s1 {font-kerning: none} With rare photographs and an exploration of women’s wrestling worldwide — including chapters on Japan, Mexico, England, and Australia — Sisterhood of the Squared Circle is a priceless contribution to the history of professional wrestling. p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 16.0px Times; -webkit-text-stroke: #000000} span.s1 {font-kerning: none}
Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries — Background Paper — Country Experiences
This background paper focuses on the experiences of evolving monetary policy frameworks in nine individual countries and three thematic groupings of countries. The country case studies are complemented by analyses of common issues faced by countries in currency unions in the CFA franc zone, selected resource rich countries, and advanced economies and emerging markets during their modernization process of monetary policy regimes. Finally, the background paper also contains a discussion on the benefits of effective communication in conducting monetary policy.
Nuestro Milwaukee
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Diario Oficial
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Improving outcomes in cerebral palsy with early intervention: new translational approaches
The aim of this Research Topic was to collate articles describing prediction of outcomes of pre- and perinatal lesions leading to cerebral palsy, basic research in animal models and human subjects, and ideas for, and trials of, interventions in the first two years of life. CP arises from insults to the sensorimotor cortex, subcortical axon tracts and subplate. The aetiology is complex and often multifactorial. The outcome is not simply a loss of voluntary control due to disruption of descending pathways, but also involves abnormal development of reflex and corticospinal circuitry. CP may be viewed as aberrant plasticity in response to a lesion, indeed, abnormalities in movement are subtle at...
