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Argentina and Inflation Targeting - Can it be implemented? - Comments on behalf the Brazilian experience (SPANISH)

Listed author(s):
  • Juan Carlos Soldano Deheza

Este trabajo intenta mostrar algunos de los requerimientos para la implementación del Inflation Targeting como ancla nominal de la economía – y su capacidad de ser implementados en Argentina -a la luz de la experiencia brasileña y las dificultades experimentadas a lo largo de los cuatro años de su utilización. El foco del análisis está colocado en la dominancia fiscal y el funcionamiento de los mecanismos de pass –through en la economía brasileña. Se concluye que, dada las todavía peculiares características de la economía Argentina, no parece recomendable la aplicación inmediata del IT como ancla nominal de la economía.

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Paper provided by EconWPA in its series Public Economics with number 0312002.

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Length: 25 pages
Date of creation: 03 Dec 2003
Handle: RePEc:wpa:wuwppe:0312002
Note: Type of Document - pdf5.0; prepared on winME; pages: 25. The paper has been written in Spanish
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