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El Ataque Especulativo Contra la Tasa de Cambio Programada en Argentina: 1979-1981

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  • Michael Connolly
  • Maria Hartpence
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    Abstract

    This paper analyzes Argentina's 30 month experience with an active crawling peg exchange rate, or a pre-announced "tablita"; from January 1979 to June 1981. In particular, we apply a speculative attack model that links the collapse of the "tablita" with a

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    File URL: http://www.economia.puc.cl/docs/067conna.pdf
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    Bibliographic Info

    Article provided by Instituto de Economía. Pontificia Universidad Católica de Chile. in its journal Cuadernos de Economía.

    Volume (Year): 22 (1985)
    Issue (Month): 67 ()
    Pages: 373-388

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    Handle: RePEc:ioe:cuadec:v:22:y:1985:i:67:p:373-388

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    1. Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
    2. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-25, August.
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