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A First Approximation Model of Money, Prices and Exchange Rates in Revolutionary Cuba

Author

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  • José F. Alonso
  • Armando M. Lago

Abstract

A First Approximation Model of Money, Prices and Exchange Rates in Revolutionary Cuba is part of the 1995 Annual Proceedings of The Association for the Study of the Cuban Economy.

Suggested Citation

  • José F. Alonso & Armando M. Lago, 1995. "A First Approximation Model of Money, Prices and Exchange Rates in Revolutionary Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 5.
    • Handle: RePEc:qba:annpro:v:5:y:1995:id:82
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    References listed on IDEAS

    as
    1. Cooper, Richard N, 1976. " Monetary Theory and Policy in an Open Economy," Scandinavian Journal of Economics, Wiley Blackwell, vol. 78(2), pages 146-163.
    2. Frankel, Jeffrey A, 1979. "On the Mark: A Theory of Floating Exchange Rates Based on Real Interest Differentials," American Economic Review, American Economic Association, vol. 69(4), pages 610-622, September.
    3. Hooper, Peter & Morton, John, 1982. "Fluctuations in the dollar: A model of nominal and real exchange rate determination," Journal of International Money and Finance, Elsevier, vol. 1(1), pages 39-56, January.
    4. Lizondo, JoseSaul, 1987. "Exchange rate differential and balance of payments under dual exchange markets," Journal of Development Economics, Elsevier, vol. 26(1), pages 37-53, June.
    5. Pitt, Mark M., 1984. "Smuggling and the black market for foreign exchange," Journal of International Economics, Elsevier, vol. 16(3-4), pages 243-257, May.
    6. Reza Vaez-Zadeh, 1989. "Oil Wealth and Economic Behavior: The Case of Venezuela, 1965-81," IMF Staff Papers, Palgrave Macmillan, vol. 36(2), pages 343-384, June.
    7. Oshima, Harry T., 1961. "A New Estimate of the National Income and Product of Cuba in 1953," Food Research Institute Studies, Stanford University, Food Research Institute, vol. 2(3), pages 1-16.
    8. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    9. Homi Kharas & Brian Pinto, 1989. "Exchange Rate Rules, Black Market Premia and Fiscal Deficits: The Bolivian Hyperinflation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 56(3), pages 435-447.
    10. Aghevli, Bijan B. & Sassanpour, Cyrus, 1982. "Prices, output and the trade balance in Iran," World Development, Elsevier, vol. 10(9), pages 791-800, September.
    11. Turits, Richard, 1987. "Trade, debt, and the Cuban economy," World Development, Elsevier, vol. 15(1), pages 163-180, January.
    12. Carlo Cottarelli & Mario I. Blejer, 1992. "Forced Saving and Repressed Inflation in the Soviet Union, 1986-90: Some Empirical Results," IMF Staff Papers, Palgrave Macmillan, vol. 39(2), pages 256-286, June.
    13. Edwards, Sebastian, 1988. "Real and monetary determinants of real exchange rate behavior: Theory and evidence from developing countries," Journal of Development Economics, Elsevier, vol. 29(3), pages 311-341, November.
    14. Lindbeck, Assar, 1976. " Approaches to Exchange Rate Analysis-An Introduction," Scandinavian Journal of Economics, Wiley Blackwell, vol. 78(2), pages 133-145.
    15. Deere, Carmen Diana & Meurs, Mieke, 1992. "Markets, markets everywhere? Understanding the Cuban anomaly," World Development, Elsevier, vol. 20(6), pages 825-839, June.
    16. Charemza, Wojciech W & Ghatak, Subrata, 1990. "Demand for Money in a Dual-Currency, Quantity-Constrained Economy: Hungary and Poland, 1956-1985," Economic Journal, Royal Economic Society, vol. 100(403), pages 1159-1172, December.
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    Citations

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    Cited by:

    1. Ernesto Hernández-Catá, 2008. "A Brief Comparative History of Gross Domestic Production in "Revolutionary" Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 18.
    2. Ernesto Hernández-Catá, 2000. "The Fall and Recovery of the Cuban Economy in the 1990s: Mirage or Reality," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 10.
    3. Benigno E. Aguirre, 1998. "Culture of Opposition in Cuba," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 8.
    4. Mesa-Lago, Carmelo, 1998. "Assessing economic and social performance in the Cuban transition of the 1990s," World Development, Elsevier, vol. 26(5), pages 857-876, May.
    5. Mr. Ernesto Hernández-Catá, 2001. "The Fall and Recovery of the Cuban Economy in the 1990's: Mirage or Reality?," IMF Working Papers 2001/048, International Monetary Fund.
    6. Arne C. Kildegaard & Roberto Orro Fernández, 1999. "Dollarization in Cuba and Implications for the Future Transition," Annual Proceedings, The Association for the Study of the Cuban Economy, vol. 9.

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