IDEAS home Printed from https://ideas.repec.org/a/emx/esteco/v7y1992i1p53-68.html

El diferencial cambiario de un sistema dual como instrumento de política fiscal

Author

Listed:
  • Gonzalo Castañeda

    (Universidad de las Américas- Puebla)

Abstract

This paper studies the consequences of using a dual exchange rate regime as an instrument of fiscal policy. The emphasis is put on economies that depend heavily on oil revenues, such as the Mexican economy.

Suggested Citation

  • Gonzalo Castañeda, 1992. "El diferencial cambiario de un sistema dual como instrumento de política fiscal," Estudios Económicos, El Colegio de México, Centro de Estudios Económicos, vol. 7(1), pages 53-68.
    • Handle: RePEc:emx:esteco:v:7:y:1992:i:1:p:53-68
    as

    Download full text from publisher

    File URL: https://estudioseconomicos.colmex.mx/index.php/economicos/article/view/305/308
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Robert J. Barro, 1972. "A Theory of Monopolistic Price Adjustment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(1), pages 17-26.
    2. Rudiger Dornbusch, 1986. "Multiple Exchange Rates for Commercial Transactions," NBER Chapters, in: Economic Adjustment and Exchange Rates in Developing Countries, pages 143-174, National Bureau of Economic Research, Inc.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Craigwell, Roland & Moore, Winston & Worrell, DeLisle, 2011. "Does Consumer Price Rigidity Exist in Barbados?," MPRA Paper 40928, University Library of Munich, Germany.
    2. Andrés Blanco & Bernardo Diaz de Astarloa & Andres Drenik & Christian Moser & Danilo R. Trupkin, 2022. "The evolution of the earnings distribution in a volatile economy: Evidence from Argentina," Quantitative Economics, Econometric Society, vol. 13(4), pages 1361-1403, November.
    3. K. Balcombe & C. J. McDermott, 2003. "Testing for asymmetric price stickiness using NZ business opinion data: a bootstrap approach," Applied Economics Letters, Taylor & Francis Journals, vol. 10(15), pages 955-958.
    4. Christopher Hansman & Harrison Hong & Áureo de Paula & Vishal Singh, 2020. "A Sticky-Price View of Hoarding," NBER Working Papers 27051, National Bureau of Economic Research, Inc.
    5. Yang, Yao & Karali, Berna, . "A Multivariate Quantile Approach for Testing Asymmetric Price Transmission in a Joint Production Process," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 49(2).
    6. Martha Misas A. & Enrique López E. & Juan Carlos Parra A., 2013. "La formación de precios en las empresas colombianas: evidencia a partir de una encuesta directa," Investigación Conjunta-Joint Research, in: Laura Inés D'Amato & Enrique López Enciso & María Teresa Ramírez Giraldo (ed.), Dinámica inflacionaria, persistencia y formación de precios y salarios, edition 1, chapter 11, pages 273-348, Centro de Estudios Monetarios Latinoamericanos, CEMLA.
    7. Sebastian Edwards & Thomas O. Enders & Jesus Silva-Herzog, 1988. "The United States and Foreign Competition in Latin America," NBER Chapters, in: The United States in the World Economy, pages 9-77, National Bureau of Economic Research, Inc.
    8. Smolny, Wernerr, 1996. "Innovations, prices, and employment: A theoretical model and an empirical application for West-German manufacturing firms," Discussion Papers 37, University of Konstanz, Center for International Labor Economics (CILE).
    9. John C. Driscoll & Ruth A. Judson, 2013. "Sticky deposit rates," Finance and Economics Discussion Series 2013-80, Board of Governors of the Federal Reserve System (U.S.).
    10. Huw Dixon & Joshy Easaw, 2001. "Strategic Responses to Regulatory Policies: What Lessons Can Be Learned from the U.K. Contract Gas Market?," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 18(4), pages 379-396, June.
    11. Noussair, C.N. & Pfajfar, D. & Zsiros, J., 2011. "Frictions, Persistence, and Central Bank Policy in an Experimental Dynamic Stochastic General Equilibrium Economy," Discussion Paper 2011-030, Tilburg University, Center for Economic Research.
    12. Jean Boivin & Marc P. Giannoni & Ilian Mihov, 2009. "Sticky Prices and Monetary Policy: Evidence from Disaggregated US Data," American Economic Review, American Economic Association, vol. 99(1), pages 350-384, March.
    13. Marco Bonomo & Carlos Carvalho, 2010. "Imperfectly Credible Disinflation under Endogenous Time-Dependent Pricing," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 42(5), pages 799-831, August.
    14. Isaac Baley & J. Andrés Blanco, 2016. "Menu costs, uncertainty cycles, and the propagation of nominal shocks," Economics Working Papers 1532, Department of Economics and Business, Universitat Pompeu Fabra.
    15. Ellingsen, Tore & Hassler, John & Friberg, Richard, 2006. "Menu Costs and Asymmetric Price Adjustment," CEPR Discussion Papers 5749, C.E.P.R. Discussion Papers.
    16. Migliardo, Carlo, 2012. "Heterogeneity in price setting behavior, spatial disparities and sectoral diversity: Evidence from a panel of Italian firms," Economic Modelling, Elsevier, vol. 29(4), pages 1106-1118.
    17. Catherine Araujo Bonjean & Jean-François Brun, 2014. "Chocolate price fluctuations may cause depression: an analysis of price pass-through in the cocoa chain," CERDI Working papers halshs-01074157, HAL.
    18. Emi Nakamura & Jón Steinsson & Patrick Sun & Daniel Villar, 2018. "The Elusive Costs of Inflation: Price Dispersion during the U.S. Great Inflation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 133(4), pages 1933-1980.
    19. Slade, Margaret E., 1999. "Sticky prices in a dynamic oligopoly: An investigation of (s,S) thresholds," International Journal of Industrial Organization, Elsevier, vol. 17(4), pages 477-511, May.
    20. Magdalena Borys & Roman Horváth & Michal Franta, 2009. "The effects of monetary policy in the Czech Republic: an empirical study," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 36(4), pages 419-443, November.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:emx:esteco:v:7:y:1992:i:1:p:53-68. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ximena Varela (email available below). General contact details of provider: https://edirc.repec.org/data/cecolmx.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.