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Fluctuaciones económicas bajo régimen de cambio fijo en una economía pequena con dos sectores

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  • José U. Mora Mora

Abstract

Resumen Este trabajo presenta un modelo teórico de oferta y demanda agregada que permite explicar la propagación de los efectos de la política económica y de alteraciones en los términos de intercambio sobre las variables macroeconómicas en una economía pequena con dos sectores productivos bajo un régimen de cambio fijo. Contrario a los resultados tradicionales, una devaluación de la moneda local produce una contracción económica en el corto plazo y aumenta el nivel de precios. De igual manera, el incremento de los precios del producto de exportación muestra dos efectos simultáneos. Afecta la oferta agregada por el estímulo a la producción del sector, y por otro lado, acrecenta la de- manda agregada. Dependiendo de cuál efecto domine sobre la economía, entonces, los precios domésticos pueden aumentar, disminuir o permanecer inalterados.

Suggested Citation

  • José U. Mora Mora, 2013. "Fluctuaciones económicas bajo régimen de cambio fijo en una economía pequena con dos sectores," Revista CIFE, Universidad Santo Tomás, June.
    • Handle: RePEc:col:000195:012371
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    File URL: http://revistas.usantotomas.edu.co/index.php/cife/article/view/1420
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    References listed on IDEAS

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    Cited by:

    1. José Mora, 2018. "Theoretical aggregate supply and demand model for the venezuelan economy," Economía, Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela, vol. 43(46), pages 65-100, july-dece.
    2. Jose Ustorgio Mora Mora, 2015. "A supply and demand model for the Venezuelan economy," Working Papers 14, Faculty of Economics and Management, Pontificia Universidad Javeriana Cali.

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    More about this item

    Keywords

    ciclos económicos; política fiscal; política monetaria; política cambiaria.;
    All these keywords.

    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
    • N56 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Latin America; Caribbean

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