Choques macroeconómicos y tipo de cambio real: Alguna evidencia para Argentina

Artikel

Dornbusch’s exchange rate overshooting hypothesis (1976) is a central building block in international macroeconomics. This paper analyzes the effects of monetary and other macroeconomic shocks on the real exchange rate in the case of a small economy like Argentina. The paper uses SVAR models with short term restrictions, and quarterly data of this country, covering the period 1993-2014. Results show that a contractionary monetary shock generates an appreciation of the real exchange rate in the short term and then a gradual depreciation of this variable, as the hypothesis of Dornbusch suggests.

Angaben zum Objekt

• Sprache: Spanisch

Verweise und Beziehungen

• Erschienen in: Journal: Atlantic Review of Economics ; ISSN: 2174-3835 ; Volume: 2 ; Year: 2014 ; Pages: 1-24 ; A Coruña: Colegio de Economistas de A Coruña

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models ; Monetary Policy ; Foreign Exchange ; Open Economy Macroeconomics
• Thema: monetary and other macroeconomic shocks ; real exchange rate ; SVAR models ; Argentina economy

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Lanteri, Luis N.
• Ereignis: Veröffentlichung
• (wer): Colegio de Economistas de A Coruña
• (wo): A Coruña
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/146592
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ