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...

Full description

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/