IDEAS home Printed from https://ideas.repec.org/a/pcp/pucrev/y2005i55-56p187-196.html
   My bibliography  Save this article

Compleción del modelo del overshooting de Dornsbusch

Author

Listed:
  • Ramón García-Cobián

    (Pontificia Universidad Católica del Perú - Departamento de economía)

Abstract

The article tries to complete the “overshooting” model of Dornsbusch, explicitly including a dynamic equation for the money market, because he treats this only in an intuitive way, as if there was an infinite speed of adjustment. After pointing out some errors in the original work, it is showed that the hypotheses made by Dornsbusch are sufficient for the completed model to exhibit the wanted “overshooting”.

Suggested Citation

  • Ramón García-Cobián, 2005. "Compleción del modelo del overshooting de Dornsbusch," Revista Economía, Fondo Editorial - Pontificia Universidad Católica del Perú, issue 55-56, pages 187-196.
  • Handle: RePEc:pcp:pucrev:y:2005:i:55-56:p:187-196
    as

    Download full text from publisher

    File URL: http://revistas.pucp.edu.pe/index.php/economia/article/view/163/160
    Download Restriction: no

    References listed on IDEAS

    as
    1. Johansen, Soren & Juselius, Katarina, 1990. "Maximum Likelihood Estimation and Inference on Cointegration--With Applications to the Demand for Money," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 52(2), pages 169-210, May.
    2. Granger, C. W. J. & Newbold, Paul, 1986. "Forecasting Economic Time Series," Elsevier Monographs, Elsevier, edition 2, number 9780122951831 edited by Shell, Karl.
    3. Adolfo Figueroa, 1991. "Transformación en la Agricultura de América Latina: Capitalismo y Campesinado," Capítulos de Libros PUCP / Chapters of PUCP books,in: La agricultura latinoamericana: crisis, transformaciones y perspectivas, edition 1 Fondo Editorial - Pontificia Universidad Católica del Perú.
    Full references (including those not matched with items on IDEAS)

    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:pcp:pucrev:y:2005:i:55-56:p:187-196. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: () or (Rebekah McClure). General contact details of provider: http://edirc.repec.org/data/depucpe.html .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.