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Asimetrías de la liberalización financiera y el problema de las deudas interna y externa

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  • Zahler, Roberto
  • Valdivia, Mario

Abstract

Analiza la asimetria que introduce la liberalizacion financiera entre el valor de los activos bancarios (y la tasa de interes) por una parte, y el de los pasivos bancarios, internos y externos, por otra.

Suggested Citation

  • Zahler, Roberto & Valdivia, Mario, 1987. "Asimetrías de la liberalización financiera y el problema de las deudas interna y externa," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 35845, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    • Handle: RePEc:ecr:col093:35845
    Note: Incluye Bibliografía
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    File URL: http://repositorio.cepal.org/handle/11362/35845
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    1. Ernesto R Fontaine & Marcelo Selowsky, 1972. "Algunas Consideraciones sobre el Financiamiento Externo en un Contexto de Costos y Beneficios," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 9(28), pages 74-104.
    2. Tobin, James, 1982. "Money and Finance in the Macroeconomic Process," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 14(2), pages 171-204, May.
    3. R. Dornbusch, 1984. "External Debt, Budget Deficits and Disequilibrium Exchange Rates," Working papers 347, Massachusetts Institute of Technology (MIT), Department of Economics.
    4. Frenkel, Jacob A, 1972. "The Nature of the Equilibrium of the Interest Parity Theorem," Kyklos, Wiley Blackwell, vol. 25(2), pages 364-366.
    5. Carter H. Golembe & John J. Mingo, 1985. "Can supervision and regulation ensure financial stability?," Proceedings, Federal Reserve Bank of San Francisco, issue June, pages 125-164.
    6. John H. Kareken, 1985. "Ensuring financial stability," Proceedings, Federal Reserve Bank of San Francisco, issue June, pages 53-86.
    7. Olivier J. Blanchard & Mark W. Watson, 1982. "Bubbles, Rational Expectations and Financial Markets," NBER Working Papers 0945, National Bureau of Economic Research, Inc.
    8. Aliber, Robert Z, 1973. "The Interest Rate Parity Theorem: A Reinterpretation," Journal of Political Economy, University of Chicago Press, vol. 81(6), pages 1451-1459, Nov.-Dec..
    9. Frenkel, Jacob A & Levich, Richard M, 1975. "Covered Interest Arbitrage: Unexploited Profits?," Journal of Political Economy, University of Chicago Press, vol. 83(2), pages 325-338, April.
    10. Francisco Rosende, 1986. "Institucionalidad Financiera y Estabilidad Económica," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 23(68), pages 77-100.
    11. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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    1. -, 1992. "Revista de la CEPAL no.48," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.

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