Analisis Del Tipo de Cambio Real: Chile 1986-1999 *. - Cuadernos de Economia: Latin American journal of economics

Analisis Del Tipo de Cambio Real: Chile 1986-1999 *.

By Cuadernos de Economia: Latin American journal of economics

  • Release Date - Published: 2005-11-01
  • Book Genre: Finance
  • Author: Cuadernos de Economia: Latin American journal of economics
Our rating: 5/5 stars

Score: (From 0 Ratings)

Analisis Del Tipo de Cambio Real: Chile 1986-1999 *. Cuadernos de Economia: Latin American journal of economics read online review & book description:

Este trabajo incorpora fundamentos tanto de oferta como de demanda en la determinacion de largo plazo del TCR. En nuestras estimaciones se confirma la influencia negativa de la relacion gasto-producto y de los terminos de intercambio, pero, ademas, se encuentra evidencia robusta de la presencia del efecto Balassa-Samuelson. En contraste, se descarta la existencia de un impacto negativo del gasto publico sobre el TCR, en anadidura al recogido en el efecto Salter-Swan. Se encuentra que el efecto de esta ultima variable difiere segun la composicion sectorial de la produccion (tamano relativo del sector transable) y niveles de desempleo. This paper incorporates demand and supply fundamentals in the determination of the Real Exchange Rate (RER). We are able to confirm the negative influence of the ratio expenditure-PIB and the terms of trade on RER, but in addition we find robust evidence of the presence of the effect Balassa-Samuelson. We do not find, however, the existence of a negative impact of the public expenditure on the RER, in addition to the gathered one in the Salter-Swan effect. Finally, we also provide evidence indicating that the effect of this last variable defers according to the composition of production and levels of unemployment.

@2019 – Go Read a Book. All Right Reserved. goreadabook.org is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for website owners, to earn advertising fees by linking and advertising to amazon.com and any other website that may be affiliated with Amazon Service LLC Associates Program; As an Amazon Associate I earn from qualifying purchases.

Analisis Del Tipo de Cambio Real: Chile 1986-1999 *. book review Analisis Del Tipo de Cambio Real: Chile 1986-1999 *. ePUB; Cuadernos de Economia: Latin American journal of economics; Finance books.

Post a review about this book