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El costo de la inflación (con racionalidad y previsión perfectas)

Author

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  • Carlos Esteban Posada P.

    (Banco de la República)

Abstract

El interés oficial por disminuir paulatina pero sustancialmente la inflación en Colombia se ha hecho evidente a partir de 1991, experiencia que se había repetido en muchos países de la mano con el surgimiento de hipótesis y hallazgos de los economistas referidos a los costos de la inflación o de las políticas que la promueven. Han sido muchas las razones esgrimidas por los economistas para considerar que la inflación tiene un significativo costo social en términos de bienestar o crecimiento económico perdidos. Este documento no pretende ofrecer un nuevo aporte a la serie de estas razones, el objetivo es más modesto; consiste en evaluar, de nuevo, el costo social de la menos dañina de todas las inflaciones: aquella perfectamente prevista por una sociedad de agentes racionales.

Suggested Citation

  • Carlos Esteban Posada P., 2004. "El costo de la inflación (con racionalidad y previsión perfectas)," Macroeconomics 0411013, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpma:0411013
    Note: Type of Document - pdf; pages: 17
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/mac/papers/0411/0411013.pdf
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    References listed on IDEAS

    as
    1. Mauricio Carrizosa, 1983. "La definición de dinero, los medios de pago y los cuasidineros en Colombia," Revista ESPE - Ensayos Sobre Política Económica, Banco de la República, vol. 2(3), pages 37-48, April.
    2. Natalia Salazar F., 1992. "El efecto Tanzi, la sustitución de monedas y la tasa de inflación óptima en Colombia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 11(22), pages 83-108, December.
    3. Cooley, Thomas F & Hansen, Gary D, 1989. "The Inflation Tax in a Real Business Cycle Model," American Economic Review, American Economic Association, vol. 79(4), pages 733-748, September.
    4. Guillermo Calvo & Carmen Reinhart & Carlos Végh, 1994. "La tasa de cambio real como meta de política: teoría y evidencia," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 13(25), pages 7-50, June.
    5. Alejandro Gaviria, 1993. "El ahorro privado y los términos de intercambio: el caso colombiano," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 12(23), pages 37-54, June.
    6. Alberto Carrasquilla & Arturo Galindo & Hilde Patrón, 1994. "Costos en Bienestar de la Inflación: Teoría y una Estimación para Colombia," Borradores de Economia 003, Banco de la Republica de Colombia.
    7. Leiderman, Leonardo, 1993. "Inflation and Disinflation," University of Chicago Press Economics Books, University of Chicago Press, edition 1, number 9780226471105, September.
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    Citations

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    Cited by:

    1. Carlos Esteban Posada, 2000. "Señoraje, Impuesto Inflacionario y Utilidades (Brutas) del Emisor: Definiciones y Medidas del Caso Colombiano Reciente," Borradores de Economia 3492, Banco de la Republica.
    2. Carlos Esteban Posada P., 1997. "Otro costo de una inflación perfectamente prevista," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, vol. 16(31), pages 5-33, June.
    3. Martha López, 2006. "Algunos criterios para evaluar una meta de inflación de largo plazo," Borradores de Economia 386, Banco de la Republica de Colombia.
    4. Carlos Esteban Posada, 2000. "Señoraje, Impuesto Inflacionario y Utilidades (Brutas) del Emisor:Definiciones y Medidas del Caso Colombiano Reciente," Borradores de Economia 140, Banco de la Republica de Colombia.

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    More about this item

    Keywords

    Inflación; costos de la inflación; política monetaria; previsión perfecta;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics

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