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Procesos de Endeudamiento Externo y Ajuste de Precios

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  • Hugo Albornoz

Abstract

The evolution of macroeconomic variables like the real exchange rate, the inflation level, the real interest rate and the change in international reserves is analyzed using a simplified theoretical model during a process in which a country is changing its

Suggested Citation

  • Hugo Albornoz, 1987. "Procesos de Endeudamiento Externo y Ajuste de Precios," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 24(73), pages 319-330.
  • Handle: RePEc:ioe:cuadec:v:24:y:1987:i:73:p:319-330
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    References listed on IDEAS

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    1. Sebastian Edwards, 1982. "Capital Account Liberalization, Interest Rates and the Real Exchange Rate," UCLA Economics Working Papers 270, UCLA Department of Economics.
    2. Dornbusch, Rudiger, 1973. "Currency Depreciation, Hoarding, and Relative Prices," Journal of Political Economy, University of Chicago Press, vol. 81(4), pages 893-915, July-Aug..
    3. Blejer, Mario I, 1977. "The Short-Run Dynamics of Prices and the Balance of Payments," American Economic Review, American Economic Association, vol. 67(3), pages 419-428, June.
    4. Sachs, Jeffrey, 1982. " The Current Account in the Macroeconomic Adjustment Process," Scandinavian Journal of Economics, Wiley Blackwell, vol. 84(2), pages 147-159.
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