Coffee export booms and monetary disequilibrium: Some evidence for Colombia

"The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study...

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Detalles Bibliográficos
Autor Principal: Otero, Jesus
Formato: Artículo (Article)
Lenguaje:Inglés (English)
Publicado: Routledge 2001
Materias:
Acceso en línea:https://repository.urosario.edu.co/handle/10336/22622
https://doi.org/10.1080/00036840121935
id ir-10336-22622
recordtype dspace
spelling ir-10336-226222021-09-16T11:16:42Z Coffee export booms and monetary disequilibrium: Some evidence for Colombia Otero, Jesus Coffee Export Monetary policy National trade Colombia "The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study proposes an empirical approach to determine whether the coffee booms of the second half of the 1970s and mid-1980s led to excess money supply in the Colombian economy. The findings provide evidence in favour of a direct association between coffee export booms and excess money supply, implying that external disturbances jeopardize the ability of the economic authorities to carry out successful monetary policy." 2001 2020-05-25T23:57:10Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion 36846 https://repository.urosario.edu.co/handle/10336/22622 https://doi.org/10.1080/00036840121935 eng info:eu-repo/semantics/openAccess application/pdf Routledge instname:Universidad del Rosario reponame:Repositorio Institucional EdocUR
institution EdocUR - Universidad del Rosario
collection DSpace
language Inglés (English)
topic Coffee
Export
Monetary policy
National trade
Colombia
spellingShingle Coffee
Export
Monetary policy
National trade
Colombia
Otero, Jesus
Coffee export booms and monetary disequilibrium: Some evidence for Colombia
description "The theoretical models that analyse the monetary consequences of export booms show that under a regime of fixed exchange rates, they affect not only the demand for money, via real income, but also the money supply via foreign exchange accumulation. Within this theoretical framework, this study proposes an empirical approach to determine whether the coffee booms of the second half of the 1970s and mid-1980s led to excess money supply in the Colombian economy. The findings provide evidence in favour of a direct association between coffee export booms and excess money supply, implying that external disturbances jeopardize the ability of the economic authorities to carry out successful monetary policy."
format Artículo (Article)
author Otero, Jesus
author_facet Otero, Jesus
author_sort Otero, Jesus
title Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_short Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_full Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_fullStr Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_full_unstemmed Coffee export booms and monetary disequilibrium: Some evidence for Colombia
title_sort coffee export booms and monetary disequilibrium: some evidence for colombia
publisher Routledge
publishDate 2001
url https://repository.urosario.edu.co/handle/10336/22622
https://doi.org/10.1080/00036840121935
_version_ 1712098546854920192
score 11,828437