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The measurement of money’s value

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Author Info

  • Luís E. Rivero M.

    (Universidad de Los Andes, Instituto de Investigaciones Económicas y Sociales.)

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    Abstract

    Cuando se hace referencia a las variaciones que experimenta determinada moneda en términos de su valor interno (como vehículo para comparar precios o para intercambiar bienes, servicios y pagar deudas dentro de un país) o su valor externo (con relación a un patrón designado, como el dólar) en ocasiones se comete errores o se cae en inexactitudes. En este artículo se plantea, demuestra e ilustra con ejemplos, una ecuación para medir el valor del dinero. La misma se puede aplicar directamente para evaluar el efecto de aumentos y disminuciones de precios en el frente interno, o para calcular depreciaciones y apreciaciones, o alternativamente, devaluaciones y revaluaciones, de cualquier moneda nacional.

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    File URL: ftp://iies.faces.ula.ve/Pdf/Revista8/Rev8Rivero.pdf
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    Bibliographic Info

    Article provided by Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela in its journal Economía.

    Volume (Year): 18 (1993)
    Issue (Month): 8 (January-December)
    Pages: 111-119

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    Handle: RePEc:ula:econom:v:18:y:1993:i:8:p:111-119

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    Postal: Facultad de Ciencias Económicas y Sociales. Instituto de Investigaciones Económicas y Sociales. Campus Universitario Liria, Edificio G, Tercer Nivel. Mérida 5101, Estado Mérida, Venezuela
    Phone: +58 74 401111 ext. 1081
    Fax: +58 74 401120
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    Web page: http://iies.faces.ula.ve/
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    Related research

    Keywords: Valor del dinero; precio de bienes y servicio.;

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