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La Estrategia de Estabilización con Tipo de Cambio Flexible y Política Monetaria Activa

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  • Carlos Alfredo Rodríguez

Abstract

We examine the dynamics of a process of inflation rate reduction by way of a policy mix based on a flexible exchange rate and the control of money supply. The results are compared with the alternative policy which consists in prefixing the exchange rate d

Suggested Citation

  • Carlos Alfredo Rodríguez, 1984. "La Estrategia de Estabilización con Tipo de Cambio Flexible y Política Monetaria Activa," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 21(63), pages 103-122.
  • Handle: RePEc:ioe:cuadec:v:21:y:1984:i:63:p:103-122
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    References listed on IDEAS

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    1. Rodriguez, Carlos Alfredo, 1980. "The Role of Trade Flows in Exchange Rate Determination: A Rational Expectations Approach," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1148-1158, December.
    2. Calvo, Guillermo A & Rodriguez, Carlos Alfredo, 1977. "A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 617-625, June.
    3. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    4. Carlos A. Rodríguez, 1979. "El Plan Argentino de Estabilización del 20 de Diciembre," CEMA Working Papers: Serie Documentos de Trabajo. 5, Universidad del CEMA.
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