Author: Sebastian Edwards
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 15
Book Description
This paper investigates the relationship between monetary policy and growth in five Latin American countries (Brazil, Chile, Colombia, Mexico and Peru).The analysis focuses on the effects of expected and unexpected monetary growth on output, and explicitly incorporates the relationship between fiscal deficits and money creation in these countries. Open economy considerations are explicitly introduced into the analysis.Contrary to previous findings (Hanson, 1980), the results obtained in this paper indicate that these countries exhibit very different behavior with respect to the relationship between unexpected money and growth: While for Chile and Brazil no evidence was found of a positive relation between monetary policy (expected or unexpected) and growth, for Colombia, Mexico and Peru a positive relationship was found between unexpected monetary policy and growth
The Short-run Relation Between Inflation and Growth in Latin America
Author: Sebastian Edwards
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 15
Book Description
This paper investigates the relationship between monetary policy and growth in five Latin American countries (Brazil, Chile, Colombia, Mexico and Peru).The analysis focuses on the effects of expected and unexpected monetary growth on output, and explicitly incorporates the relationship between fiscal deficits and money creation in these countries. Open economy considerations are explicitly introduced into the analysis.Contrary to previous findings (Hanson, 1980), the results obtained in this paper indicate that these countries exhibit very different behavior with respect to the relationship between unexpected money and growth: While for Chile and Brazil no evidence was found of a positive relation between monetary policy (expected or unexpected) and growth, for Colombia, Mexico and Peru a positive relationship was found between unexpected monetary policy and growth
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 15
Book Description
This paper investigates the relationship between monetary policy and growth in five Latin American countries (Brazil, Chile, Colombia, Mexico and Peru).The analysis focuses on the effects of expected and unexpected monetary growth on output, and explicitly incorporates the relationship between fiscal deficits and money creation in these countries. Open economy considerations are explicitly introduced into the analysis.Contrary to previous findings (Hanson, 1980), the results obtained in this paper indicate that these countries exhibit very different behavior with respect to the relationship between unexpected money and growth: While for Chile and Brazil no evidence was found of a positive relation between monetary policy (expected or unexpected) and growth, for Colombia, Mexico and Peru a positive relationship was found between unexpected monetary policy and growth
THE SHORT RELATION BETWEEN INFLATION AND GROWTH IN LATIN AMERICA
The Short-run Relation Between Growth and Inflation in Latin America
Author: James A. Hanson
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 62
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 62
Book Description
The Effects of Inflationon Economic Growth
Author: Mr.Jose De Gregorio
Publisher: International Monetary Fund
ISBN: 1451950306
Category : Business & Economics
Languages : en
Pages : 15
Book Description
This paper investigates the relationship between inflation and long-run growth. It presents an endogenous growth model that illustrates the channels through which inflation affects growth. The model highlights the effects of inflation on the productivity of capital and the rate of capital accumulation. The reduction in growth is caused by a diversion of resources away from activities that lead to faster rates of growth toward activities associated with reducing the costs of inflation. The negative association between inflation and growth is assessed empirically for a sample group of Latin American countries.
Publisher: International Monetary Fund
ISBN: 1451950306
Category : Business & Economics
Languages : en
Pages : 15
Book Description
This paper investigates the relationship between inflation and long-run growth. It presents an endogenous growth model that illustrates the channels through which inflation affects growth. The model highlights the effects of inflation on the productivity of capital and the rate of capital accumulation. The reduction in growth is caused by a diversion of resources away from activities that lead to faster rates of growth toward activities associated with reducing the costs of inflation. The negative association between inflation and growth is assessed empirically for a sample group of Latin American countries.
The Effects of Inflation on Economic Growth
Author: Jose De Gregorio
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 20
Book Description
Publisher:
ISBN:
Category : Economic development
Languages : en
Pages : 20
Book Description
Inflation and Growth in Latin America
Author: Werner Baer
Publisher: Homewood, Ill. : R.D. Irwin
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 572
Book Description
Prepared papers and comments presented at the Conference on Inflation and Economic Growth held in Rio de Janeiro from Jan. 3-11, 1963. Summaries of discussions in panel sessions are also included.
Publisher: Homewood, Ill. : R.D. Irwin
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 572
Book Description
Prepared papers and comments presented at the Conference on Inflation and Economic Growth held in Rio de Janeiro from Jan. 3-11, 1963. Summaries of discussions in panel sessions are also included.
Inflation and growth in Latin America
Author: Werner Baer
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 542
Book Description
Publisher:
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 542
Book Description
The Relation Between Growth and Inflation in Latin America
Economic Policy and Stabilization in Latin America
Author: Nader Nazmi
Publisher: Routledge
ISBN: 1315286238
Category : Political Science
Languages : en
Pages : 217
Book Description
A detailed analysis of economic policy in Latin America with particular attention devoted to the problem of controlling inflation and stabilization. Contents include an analysis of economic policies of the 1990s; country case studies of Brazil, Chile, Mexico, Argentina, and Bolivia; a thorough review of competing paradigms; a comparison of monitarist and structuralist approaches to the problem; mathematical and statistical modeling.
Publisher: Routledge
ISBN: 1315286238
Category : Political Science
Languages : en
Pages : 217
Book Description
A detailed analysis of economic policy in Latin America with particular attention devoted to the problem of controlling inflation and stabilization. Contents include an analysis of economic policies of the 1990s; country case studies of Brazil, Chile, Mexico, Argentina, and Bolivia; a thorough review of competing paradigms; a comparison of monitarist and structuralist approaches to the problem; mathematical and statistical modeling.