Capitalización de las Reservas y Tipo Real de Cambio

Guillermo Calvo

Latin American Journal of Economics-formerly Cuadernos de Economía, 1981, vol. 18, issue 53, 5-14

Abstract: We analyze a family of simple, but microeconomically grounded, models under the alternative assumptions of perfect capital mobility and immobility, and different degrees of private sector capitalization of reserves held by the Central Bank. We show that a

Date: 1981
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Working Paper: Capitalización de las Reservas y Tipo Real de Cambio (1980)
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Latin American Journal of Economics-formerly Cuadernos de Economía is currently edited by Raimundo Soto

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