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Comentarios sobre las relaciones de causalidad entre tasa de cambio y precios

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  • Santiago Herrera

Abstract

Para el economista consciente de la existencia de numerosos detalles estadísticos y econométricos, la ausencia de una relación de causalidad entre la tasa de cambio y los precios no debería presentar mayor problema; para el lector desprevenido, por el contrario, dicho resultado representa una contradicción con su realidad cotidiana y choca con los esquemas mecánicos que tiene fundados en su mente. A continuación demostraremos cómo la polémica originada por los lectores desprevenidos obedece a una mala interpretación del concepto de "ausencia de una relación causal", y a una confusión de éste con el concepto de "exogeneidad".

Suggested Citation

  • Santiago Herrera, 1985. "Comentarios sobre las relaciones de causalidad entre tasa de cambio y precios," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 4(8), pages 131-132, December.
    • Handle: RePEc:bdr:ensayo:v:4:y:1985:i:8:p:131-132
    DOI: 10.32468/Espe.806
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    Cited by:

    1. Thomas M Fullerton Jr & Roberto Tinajero, 2004. "Short-Run Price Dynamics in Mexico," Macroeconomics 0407027, University Library of Munich, Germany.

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