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El Ataque Especulativo Contra la Tasa de Cambio Programada en Argentina: 1979-1981

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  • Michael Connolly
  • Maria Hartpence

Abstract

This paper analyzes Argentina's 30 month experience with an active crawling peg exchange rate, or a pre-announced "tablita"; from January 1979 to June 1981. In particular, we apply a speculative attack model that links the collapse of the "tablita" with a

Suggested Citation

  • Michael Connolly & Maria Hartpence, 1985. "El Ataque Especulativo Contra la Tasa de Cambio Programada en Argentina: 1979-1981," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 22(67), pages 373-388.
    • Handle: RePEc:ioe:cuadec:v:22:y:1985:i:67:p:373-388
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    References listed on IDEAS

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    1. Krugman, Paul, 1979. "A Model of Balance-of-Payments Crises," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 11(3), pages 311-325, August.
    2. Flood, Robert P. & Garber, Peter M., 1984. "Collapsing exchange-rate regimes : Some linear examples," Journal of International Economics, Elsevier, vol. 17(1-2), pages 1-13, August.
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