Ernesto Hernández-Catá It is with much sadness that we report on the passing of Ernesto Hernández-Catá on June 4 in Maryland. Ernesto was a founding member of ASCE who contributed enthusiastically in many ways to the Association. An alumnus of the Graduate Institute in Geneva and Yale, Ernesto was an economist with a distinguished career […]
Handling the Dollar Crunch in Cuba
Handling the Dollar Crunch in Cuba Luis R. Luis Cuba suffers from a long-standing dollar liquidity crisis, a symptom of deep problems in the economy. Sadly the crisis does not appear to reach bottom. Indeed a mix of inadequate policies and adverse external events in the last three years has led to falling production and […]
Explaining Fluctuations in Cuba’s Participation Rate by Ernesto Hernández-Catá
Explaining Fluctuations in Cuba’s Participation Rate Ernesto Hernández-Cata Cuba’s labor force participation rate (the ratio of the labor force to the population of working age) has fluctuated widely over the past three decades The participation rate is important for policy makers because it measures the degree of labor utilization, and therefore the pressure of aggregate […]
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