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Distorsiones del Mercado Laboral y la Eficacia de las Políticas Cambiarias

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  • Ramón López
  • Luis Riveros

Abstract

The main purpose of this paper is to measure the importance of labor market distortions in explaining the marked tendencies to revalue the real exchange rate and low effectiveness of devaluation in Latin America. To do so, an empirical model for analyzing

Suggested Citation

  • Ramón López & Luis Riveros, 1992. "Distorsiones del Mercado Laboral y la Eficacia de las Políticas Cambiarias," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 29(88), pages 387-408.
    • Handle: RePEc:ioe:cuadec:v:29:y:1992:i:88:p:387-408
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    References listed on IDEAS

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    1. Michael L. Mussa, 1986. "The Effects of Commercial, Fiscal, Monetary, and Exchange Rate Policies on the Real Exchange Rate," NBER Chapters, in: Economic Adjustment and Exchange Rates in Developing Countries, pages 43-88, National Bureau of Economic Research, Inc.
    2. Calvo, Guillermo A, 1978. "Urban Employment and Wage Determination in LDC's: Trade Unions in the Harris-Todaro Model," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 19(1), pages 65-81, February.
    3. Corbo, Vittorio & de Melo, Jaime, 1987. "Lessons from the Southern Cone Policy Reforms," The World Bank Research Observer, World Bank, vol. 2(2), pages 111-142, July.
    4. Sebastian Edwards & Liaquat Ahamed, 1986. "Economic Adjustment and Exchange Rates in Developing Countries," NBER Books, National Bureau of Economic Research, Inc, number edwa86-1, January.
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