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Ciclos peruanos, andinos y de Estados Unidos

Author

Listed:
  • Javier Iguíñiz

    (Departamento de Economía- Pontificia Universidad Católica del Perú)

  • Giovanna Aguilar

    (Departamento de Economía- Pontificia Universidad Católica del Perú)

Abstract

In this article we have shown that between 1950 and the debt crisis economic fluctuations of Andean countries and of the U. S. A. are positively correlated. The exceptions to the rule are the oil exporting Venezuela and Ecuador during some of the subperiods selected. In general, the correlation are significant before the debt crisis in 1982 but most of them become non-significant during the 1981-1995 period. The same pattern applies to the correlation between Peru and U. S. A. for 1929-1981 and 1981-1995.

Suggested Citation

  • Javier Iguíñiz & Giovanna Aguilar, 1998. "Ciclos peruanos, andinos y de Estados Unidos," Documentos de Trabajo / Working Papers 1998-141, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00141
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    Cited by:

    1. Pacheco Jiménez, J.F., 2001. "Business cycles in small open economies: the case of Costa Rica," ISS Working Papers - General Series 19075, International Institute of Social Studies of Erasmus University Rotterdam (ISS), The Hague.
    2. Pablo Mejía-Reyes, 1999. "Classical business cycles in Latin America: Turning points, asimmetries and international synchronisation," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 14(2), pages 265-297.

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