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Dinero, Inflación y Actividad Económica

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  • Carlos Esteban Posada

Abstract

En eatas páginas se presentan la teoría y algunos modelos convencionales sobre inflación y actividad económica, y el caso colombiano de los últimos decenios. La teoría y la evidencia empírica colombiana (1941-1997)sugieren que debemos esperar tanto "curvas de Phillips " como "curvas anti-Phillips" en el corto plazo, y neutralidad monetaria en el largo plazo. Además, según implicación de uno de los modelos teóricos, el grado de inercia inflacionaria no es obstáculo par que se cumpla la neutralidad en el largo plzao. Finalmente, el modelo de tasa de cambio nominal exógena permite mostrar una de las condiciones bajo las cuales esta tasa pude ser ó dejar de ser creíble y, en este último caso, dar lugar a modificaciones de su nivel.

Suggested Citation

  • Carlos Esteban Posada, 1998. "Dinero, Inflación y Actividad Económica," Borradores de Economia 106, Banco de la Republica de Colombia.
    • Handle: RePEc:bdr:borrec:106
    DOI: 10.32468/be.106
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    References listed on IDEAS

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    1. Ball, Laurence, 1991. "The Genesis of Inflation and the Costs of Disinflation," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 23(3), pages 439-452, August.
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    Cited by:

    1. Fernández Andrés, 2003. "Reformas estructurales, impacto macroeconómico y política monetaria en Colombia," Revista Desarrollo y Sociedad, Universidad de los Andes,Facultad de Economía, CEDE, March.

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