IDEAS home Printed from https://ideas.repec.org/a/pai/apunup/es-09-01.html
   My bibliography  Save this article

Inflación reprimida y tasas de interés

Author

Listed:
  • Folke Kafka

Abstract

Existe confusión actualmente en torno al papel de las tasas de interés debido, en parte, al proceso inflacionario que se da y que es relativamente novedoso para un país con escasa tradición inflacionaria. Se dice, por ejemplo, que la tasa de interés no debe aumentar porque originaría quiebras de empresas o que la tasa de interés debe aumentar porque se necesita incentivar el ahorro. El presente artículo pretende aportar el marco de discusión relevante para analizar las medidas de política económica que se han adoptado y las que habrán de adoptarse en el futuro, con respecto a la tasa de interés.

Suggested Citation

  • Folke Kafka, 1979. "Inflación reprimida y tasas de interés," Apuntes. Revista de ciencias sociales, Fondo Editorial, Universidad del Pacífico, vol. 6(09), pages 3-15.
  • Handle: RePEc:pai:apunup:es-09-01
    as

    Download full text from publisher

    File URL: http://revistas.up.edu.pe/index.php/apuntes/article/download/148/150
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John G. Gurley & Edward S. Shaw, 1956. "Financial Intermediaries And The Saving‐Investment Process," Journal of Finance, American Finance Association, vol. 11(2), pages 257-276, May.
    2. Thomas J. Sargent, 1969. "Commodity Price Expectations and the Interest Rate," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 83(1), pages 127-140.
    3. Denis S. Karnosky & William P. Yohe, 1969. "Interest rates and price level changes, 1952-69," Review, Federal Reserve Bank of St. Louis, vol. 51(December), pages 18-38.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kama, Kunio, 1981. "The Determination of Interest Rates in Japan, 1967-1978," Economic Review, Hitotsubashi University, vol. 32(1), pages 21-33, January.
    2. repec:hal:spmain:info:hdl:2441/5221 is not listed on IDEAS
    3. Yash P. Mehra, 1995. "Some key empirical determinants of short-term nominal interest rates," Economic Quarterly, Federal Reserve Bank of Richmond, issue Sum, pages 33-51.
    4. Xie, Shiqing & Mo, Taiping, 2015. "Differences in corporate saving rates in China: Ownership, monopoly, and financial development," China Economic Review, Elsevier, vol. 33(C), pages 25-34.
    5. Bruno Ducoudre, 2008. "Structure par terme des taux d’intérêt et anticipations de la politique économique," Sciences Po publications info:hdl:2441/5221, Sciences Po.
    6. Lekha S. Chakraborty, 2012. "Interest Rate Determination in India: Empirical Evidence on Fiscal Deficit--Interest Rate Linkages and Financial Crowding Out," Economics Working Paper Archive wp_744, Levy Economics Institute.
    7. Craig, Ben & von Peter, Goetz, 2014. "Interbank tiering and money center banks," Journal of Financial Intermediation, Elsevier, vol. 23(3), pages 322-347.
    8. Georges Prat & Remzi Uctum, 2010. "Anticipations, prime de risque et structure par terme des taux d'intérêt : une analyse des comportements d'experts," Recherches économiques de Louvain, De Boeck Université, vol. 76(2), pages 195-217.
    9. Georges Prat & Remzi Uctum, 2006. "Anticipations, prime de risque et structure par terme des taux d'intérêt : une analyse des comportements d'experts," Working Papers hal-04138546, HAL.
    10. Lawrence H. Summers, 1982. "The Nonadjustment of Nominal Interest Rates: A Study of the Fisher Effect," NBER Working Papers 0836, National Bureau of Economic Research, Inc.
    11. Muhammad Iqbal & Hadri Kusuma & Sunaryati Sunaryati, 2022. "Vulnerability of Islamic banking in ASEAN," Islamic Economic Studies, Emerald Group Publishing Limited, vol. 29(2), pages 159-168, May.
    12. Giancarlo Bertocco & Andrea Kalajzić, 2019. "The Great Recession and the teaching of macroeconomics: A critical analysis of the Blanchard, Amighini and Giavazzi textbook," Working Papers PKWP1905, Post Keynesian Economics Society (PKES).
    13. Bruno Ducoudré, 2005. "Fiscal policy and interest rates," Documents de Travail de l'OFCE 2005-08, Observatoire Francais des Conjonctures Economiques (OFCE).
    14. Arusha Cooray, 2002. "Interest Rates and Inflationary Expectations: Evidence on the Fisher Effect in Sri Lanka," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 3(2), pages 201-216, September.
    15. Hedva Ber & Adi Brender & Sigal Ribon, 2004. "Are Fiscal and Monetary Policies reflected in Real Yields? Evidence from a period of Disinflation and Declining Deficit Targets," Israel Economic Review, Bank of Israel, vol. 2(2), pages 15-44.
    16. Adi Brender & Sigal Ribon, 2015. "The Effect of Fiscal and Monetary Policies and the Global Economy on Real Yields of Israel Government Bonds," Bank of Israel Working Papers 2015.02, Bank of Israel.
    17. EL FAIZ, Zakaria & ZIANI, Manal, 2016. "Influence de la politique monétaire sur le taux long Quelques évidences empiriques, cas du Maroc [The impact of monetary on long rates : Some empirical evidence from Morocco]," MPRA Paper 72817, University Library of Munich, Germany.
    18. Guillaume Guerrero & Nicolas Million, 2004. "The US Phillips Curve and inflation expectations: A State Space Markov-Switching explanatory model," Computing in Economics and Finance 2004 133, Society for Computational Economics.
    19. Zijp, R. van & Visser, H., 1992. "Mathematical formalization and the analysis of Cantillon effects," Serie Research Memoranda 0002, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    20. Mr. Marco Gross & Christoph Siebenbrunner, 2019. "Money Creation in Fiat and Digital Currency Systems," IMF Working Papers 2019/285, International Monetary Fund.
    21. Daniel Broby, 2021. "Financial technology and the future of banking," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-19, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pai:apunup:es-09-01. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Giit (email available below). General contact details of provider: https://edirc.repec.org/data/deiuppe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.