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Base Monetaria Ajustada, Multiplicador Bancario y el Enfoque Monetario de la Balanza de Pagos

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  • Hugo Mena

Abstract

The Monetary Approach to the Balance of Payments links changes in international reserves (balance of payments) with the domestic credit policy. Alterations in the foreign exchange market equilibrium and disequilibrium positions are explained as an image o

Suggested Citation

  • Hugo Mena, 1980. "Base Monetaria Ajustada, Multiplicador Bancario y el Enfoque Monetario de la Balanza de Pagos," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 17(51), pages 211-242.
  • Handle: RePEc:ioe:cuadec:v:17:y:1980:i:51:p:211-242
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    File URL: http://www.economia.uc.cl/docs/051menaa.pdf
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    References listed on IDEAS

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    1. Johnson, Harry G, 1969. "Inside Money, Outside Money, Income, Wealth, and Welfare in Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 30-45, February.
    2. Anatol Balbach & Albert E. Burger, 1976. "Derivation of the monetary base," Review, Federal Reserve Bank of St. Louis, issue Nov, pages 2-8.
    3. Manfred Willms, 1971. "Controlling money in an open economy: the German case," Review, Federal Reserve Bank of St. Louis, issue Apr, pages 10-27.
    4. repec:fip:fedlrv:y:1969:i:october:p:10-19:n:v.51no.10 is not listed on IDEAS
    5. Albert E. Burger & Robert H. Rasche, 1977. "Revision of the monetary base," Review, Federal Reserve Bank of St. Louis, issue Jul, pages 13-28.
    6. William C. Brainard & James Tobin, 1968. "Pitfalls in Financial Model-Building," Cowles Foundation Discussion Papers 244, Cowles Foundation for Research in Economics, Yale University.
    7. Jerry L. Jordan, 1969. "Elements of money stock determination," Review, Federal Reserve Bank of St. Louis, issue Oct, pages 10-19.
    8. Saving, Thomas R., 1977. "A theory of the money supply with competitive banking," Journal of Monetary Economics, Elsevier, vol. 3(3), pages 289-303, July.
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