Simulaciones de políticas antiinflacionarias en Argentina, 1983/87

In this paper, we present a small econometric model and simulate with it some possible consequences of the Argentine monetary reform of June 14, 1985. First, we derive some theoretical properties of the nonlinear recursion model consisting of three equations. Second, results obtained when estimating...

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Detalles Bibliográficos
Autor principal: Jaksch, Hans J.
Formato: Articulo
Lenguaje:Español
Publicado: 1986
Materias:
Ciencias Económicas
modelos económicos
inflación
Argentina
política económica
Acceso en línea:http://sedici.unlp.edu.ar/handle/10915/9309
Aporte de:
SEDICI (UNLP) de Universidad Nacional de La Plata
id I19-R120-10915-9309
record_format dspace
institution Universidad Nacional de La Plata
institution_str I-19
repository_str R-120
collection SEDICI (UNLP)
language Español
topic Ciencias Económicas
modelos económicos
inflación
Argentina
política económica
spellingShingle Ciencias Económicas
modelos económicos
inflación
Argentina
política económica
Jaksch, Hans J.
Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
topic_facet Ciencias Económicas
modelos económicos
inflación
Argentina
política económica
description In this paper, we present a small econometric model and simulate with it some possible consequences of the Argentine monetary reform of June 14, 1985. First, we derive some theoretical properties of the nonlinear recursion model consisting of three equations. Second, results obtained when estimating this model by the ordinary least squares and the full information maximum likelihood method are presented. Finally, we use the estimated model for deterministic and stochastic ex ante predictions. The result is that a reduction of the deficit in the budget of the Argentine government which is financed by creating money is of paramount importance in order to stabilize the price level. If by February 1987, the horizon of the simulations, this deficit cannot be again reduced to 2.5 percent of the gross domestic product of or less, the stabilization of the Argentine currency appears to be impossible, while otherwise there exist prospects that the stabilization program will be successful.
format Articulo
Articulo
author Jaksch, Hans J.
author_facet Jaksch, Hans J.
author_sort Jaksch, Hans J.
title Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
title_short Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
title_full Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
title_fullStr Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
title_full_unstemmed Simulaciones de políticas antiinflacionarias en Argentina, 1983/87
title_sort simulaciones de políticas antiinflacionarias en argentina, 1983/87
publishDate 1986
url http://sedici.unlp.edu.ar/handle/10915/9309
work_keys_str_mv AT jakschhansj simulacionesdepoliticasantiinflacionariasenargentina198387
bdutipo_str Repositorios
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