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La Crisis Cambiaria Chilena en 1982


  • Arnold C Harberger


Chile's devaluation of 1982 has been the source of much commentary. By far the most widely held view is that the underlying policy mistake was the fixing of the price of the dollar at 39 pesos in July of 1979. According to this view, Chile's exchange rate

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  • Arnold C Harberger, 1984. "La Crisis Cambiaria Chilena en 1982," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 21(63), pages 123-136.
  • Handle: RePEc:ioe:cuadec:v:21:y:1984:i:63:p:123-136

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    References listed on IDEAS

    1. Rodriguez, Carlos Alfredo, 1980. "The Role of Trade Flows in Exchange Rate Determination: A Rational Expectations Approach," Journal of Political Economy, University of Chicago Press, vol. 88(6), pages 1148-1158, December.
    2. Calvo, Guillermo A & Rodriguez, Carlos Alfredo, 1977. "A Model of Exchange Rate Determination under Currency Substitution and Rational Expectations," Journal of Political Economy, University of Chicago Press, vol. 85(3), pages 617-625, June.
    3. Dornbusch, Rudiger, 1976. "Expectations and Exchange Rate Dynamics," Journal of Political Economy, University of Chicago Press, vol. 84(6), pages 1161-1176, December.
    4. Carlos A. Rodríguez, 1979. "El Plan Argentino de Estabilización del 20 de Diciembre," CEMA Working Papers: Serie Documentos de Trabajo. 5, Universidad del CEMA.
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