Disinflations in Latin America and the Caribbean: a free lunch?
This paper challenges the conventional view according to which disinflations in Latin America -even from low and moderate peaks- have been carried out at no cost to output. After suggesting a new methodology that overcomes some of the shortcomings of the traditional methods used to measure the costs...
- Autores:
-
Hofstetter Gascón, Marc
- Tipo de recurso:
- Work document
- Fecha de publicación:
- 2006
- Institución:
- Universidad de los Andes
- Repositorio:
- Séneca: repositorio Uniandes
- Idioma:
- eng
- OAI Identifier:
- oai:repositorio.uniandes.edu.co:1992/7978
- Acceso en línea:
- http://hdl.handle.net/1992/7978
- Palabra clave:
- Inflation
Growth
Disinflation costs
Sacrifice ratios
Latin America
Inflación - América Latina - Modelos econométricos
Política monetaria - América Latina
Crecimiento económico - América Latina
E00, E31, E32, E52, F43
- Rights
- openAccess
- License
- http://creativecommons.org/licenses/by-nc-nd/4.0/