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Los tipos de cambio múltiples y el racionamiento de las divisas. La teoría y una aplicación al caso de El Salvador

Author

Listed:
  • Levy, Santiago

    (Economics Department, Boston University.)

  • Rosales, Roberto

    (Economics Department, Boston University.)

Abstract

Introducción. La adopción de un sistema de tipo de cambio múltiple(STCM) es un fenómeno ampliamente observado en los países menos desarrollados(PMD). Puede implementarse un STCM para proporcionar proteción, recaudar ingresos o promover las exportaciones(véase Bhagwati y Krueger, 1973). También un STCM puede funcionar como sustituto de un sistema de impuestos y subsidios diferenciales que trate de ajustar los precios relativos de acuerdo con los costos marginales(Streeten, 1987). El estudio de los tipos de cambio múltiples se ha expandido rápidamente en los recién pasados años. Se han dedicado algunos esfuerzos al análisis de las economías donde son importantes las afluencias autónomas de capital...

Suggested Citation

  • Levy, Santiago & Rosales, Roberto, 1991. "Los tipos de cambio múltiples y el racionamiento de las divisas. La teoría y una aplicación al caso de El Salvador," El Trimestre Económico, Fondo de Cultura Económica, vol. 58(231), pages 521-559, julio-sep.
    • Handle: RePEc:elt:journl:v:58:y:1991:i:231:p:521-559
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