IDEAS home Printed from https://ideas.repec.org/a/udc/esteco/v15y1988i3p591-622.html
   My bibliography  Save this article

La paridad del poder adquisitivo en América Latina

Author

Listed:
  • Jan Giehm Mikkelsen

Abstract

Este trabajo estudia la estabilidad de la paridad del poder de compra (PPC) en términos del equilibrio de largo plazo para Argentina, Brasil, Chile, México, Perú y Uruguay. Utilizando datos trimestrales desde 1949.1 hasta 1985.2, el test de “cointegración” entre tipos de cambio y precios relativos sugiere que la PPC es un equilibrio estable para cuatro de los países. Un modelo de corrección simultánea de errores de tipos de cambios e inflación determina el comportamiento dinámico en desequilibrio. Los modelos estimados predicen una mayor desviación de la PPC, cuando las perturbaciones no explicadas provienen de la ecuación de tipo de cambio que cuando provienen de la ecuación de tasa de inflación doméstica. El set de datos también muestra grandes desviaciones de la PPC en algunos períodos.

Suggested Citation

  • Jan Giehm Mikkelsen, 1988. "La paridad del poder adquisitivo en América Latina," Estudios de Economia, University of Chile, Department of Economics, vol. 15(3 Year 19), pages 591-622, December.
    • Handle: RePEc:udc:esteco:v:15:y:1988:i:3:p:591-622
    as

    Download full text from publisher

    File URL: http://www.econ.uchile.cl/uploads/publicacion/f20aa639-1e55-4bdb-a76b-291eb6e6190c.pdf
    Download Restriction: no
    ---><---

    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:udc:esteco:v:15:y:1988:i:3:p:591-622. 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.

    We have no bibliographic 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.

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