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La Demanda Por Medios De Pago, Efectivo Y Depositos En Cuenta Corriente: 1967-1986

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  • ROBERTO STEINER SAMPEDRO

Abstract

Se utilizan cifras trimestrales para estimar funciones de demanda por efectivo, depósitos en cuenta corriente y medios de pago para el período 1967-1986. Se detecta un cambio estructural en la demanda de efectivo en 1974, cambio que aumentó la elacticidad ingreso y disminuyó la elasticidad de la tasa de interés. Tal variación hizo que a la par que aumentaba la elasticidad ingreso, dismunuía la demanda de efectivo. Este resultado no había sido reportado por anteriores estudios; en este ofrecemos una explicación tentativa. Adicionalmente se utilizan las ecuaciones estimadas para proyectar el primer trimestre de 1988; se muestra que en dicho perídoo hay en exceso de demanda por efectivo y un defecto de demanda por depósitos en cuenta corriente, fenómenos probablemente originados en la reforma tributaria expedida al finalizar 1987.

Suggested Citation

  • Roberto Steiner Sampedro, 1988. "La Demanda Por Medios De Pago, Efectivo Y Depositos En Cuenta Corriente: 1967-1986," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 7(13), pages 69-85, June.
  • Handle: RePEc:bdr:ensayo:v:7:y:1988:i:13:p:69-85
    DOI: 10.32468/Espe.1304
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    Cited by:

    1. Luis E. Arango & Andrés González, 2000. "A Nonlinear Specification of Demand for Cash in Colombia," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, CEMLA, vol. 0(2), pages 207-226, July-Dece.
    2. Luis Eduardo Arango & Andrés González, 1999. "A Nonlinear Specification Of Demand For Narrow Money In Colombia," BORRADORES DE ECONOMIA 001894, BANCO DE LA REPÚBLICA.
    3. Agustín G. Cartens & Alejandro M. Werner, 2000. "Mexico's Monetary Policy Framework Under a Floating Exchange Rate Regime," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, CEMLA, vol. 0(2), pages 113-165, July-Dece.
    4. Zenón Quispe, 2000. "Monetary Policy in a Dollarized Economy: the Case of Peru," Money Affairs, Centro de Estudios Monetarios Latinoamericanos, CEMLA, vol. 0(2), pages 167-206, July-Dece.

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