IDEAS home Printed from https://ideas.repec.org/h/bdr/bdrcap/2010-05-303-320.html
   My bibliography  Save this book chapter

El régimen de tasa de cambio fija

In: Dinero, banca y mercados financieros. Los países emergentes en la economía global

Author

Listed:
  • Gómez-Pineda, Javier G.

Abstract

En el capítulo estudiamos los distintos regímenes de tasa de cambio fija que se dividen principalmente en los de tipo de cambio fijo ajustable y no ajustable. Dentro de los no ajustables está la dolarización parcial, en sus formas de dolarización de pagos, financiera y real. Además, estudiamos los mecanismos de ajuste dentro del régimen de tasa de cambio fija; primero, el de la movilidad del capital, con su efecto sobre la cantidad de dinero y las tasas de interés; y segundo, el de la balanza comercial, con su efecto monetario sobre los precios a través de la cantidad de dinero. Finalmente enumeramos algunas de las ventajas y desventajas del régimen de tasa de cambio fija. Como principal desventaja está, si hay movilidad internacional del capital, la pérdida de autonomía monetaria. No obstante, la política monetaria puede dirigirse a objetivos internos si la movilidad internacional del capital no se permite; esto se logra al costo del atraso del desarrollo de los mercados financieros.

Suggested Citation

  • Gómez-Pineda, Javier G., 2010. "El régimen de tasa de cambio fija," Chapters, in: Gómez-Pineda, Javier G. (ed.), Dinero, banca y mercados financieros. Los países emergentes en la economía global, chapter 13, pages 303-320, Banco de la Republica de Colombia.
  • Handle: RePEc:bdr:bdrcap:2010-05-303-320
    DOI: 10.32468/Ebook.682-773-7
    as

    Download full text from publisher

    File URL: https://repositorio.banrep.gov.co/bitstream/handle/20.500.12134/9418/?sequence=1
    Download Restriction: no

    File URL: https://libkey.io/10.32468/Ebook.682-773-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Tasa de cambio fija pero ajustable; tasa de cambio fija; caja de convertibilidad; dolarización; dolarización parcial; dolarización de pagos; dolarización financiera; dolarización real; Fixed exchange rate; Fixed but adjustable exchange rate; Currency board; Dollarization; Partial dollarization; Payments dollarization; Financial dollarization; Real dollarization;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
    • F47 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Forecasting and Simulation: Models and Applications

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bdr:bdrcap:2010-05-303-320. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Clorith Angélica Bahos Olivera (email available below). General contact details of provider: https://edirc.repec.org/data/brcgvco.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.