The competitive real exchange-rate regime, inflation and monetary policy

Includes bibliography

Detalles Bibliográficos
Autor Principal: Frenkel, Roberto
Formato: Otro (Other)
Lenguaje:Inglés (English)
Publicado: 2014
Materias:
Acceso en línea:http://hdl.handle.net/11362/11346
id ir-11362-11346
recordtype dspace
spelling ir-11362-113462020-11-25T22:58:09Z The competitive real exchange-rate regime, inflation and monetary policy Frenkel, Roberto MACROECONOMIA TIPOS DE CAMBIO COMPETITIVIDAD OFERTA Y DEMANDA INFLACION POLITICA MONETARIA MACROECONOMICS FOREIGN EXCHANGE RATES COMPETITIVENESS SUPPLY AND DEMAND INFLATION MONETARY POLICY Includes bibliography This article argues that in a stable and competitive real exchangerate(SCRER); macroeconomic regime, the exchange-rate component candrive up inflation through the very mechanisms that stimulate high rates ofgross domestic product and employment growth; to offset this pressure,fiscal and monetary policies will have to be used to control aggregatedemand. It finds that in an exchange-rate regime of this type, monetarypolicy has a degree of autonomy that can be exploited to apply activemonetary policies. It analyses the degree to which monetary policy canbe used to control aggregate demand and concludes that it cannot bearthe main responsibility for this, which means that fiscal policy ought to bethe main instrument for controlling aggregate demand. 2014-01-02T18:44:49Z 2014-01-02T18:44:49Z 2008-12 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/11346 LC/G.2396-P en CEPAL Review CEPAL Review 96 application/pdf
institution CEPAL - Comisión Económica para América Latina y el Caribe
collection DSpace
language Inglés (English)
topic MACROECONOMIA
TIPOS DE CAMBIO
COMPETITIVIDAD
OFERTA Y DEMANDA
INFLACION
POLITICA MONETARIA
MACROECONOMICS
FOREIGN EXCHANGE RATES
COMPETITIVENESS
SUPPLY AND DEMAND
INFLATION
MONETARY POLICY
spellingShingle MACROECONOMIA
TIPOS DE CAMBIO
COMPETITIVIDAD
OFERTA Y DEMANDA
INFLACION
POLITICA MONETARIA
MACROECONOMICS
FOREIGN EXCHANGE RATES
COMPETITIVENESS
SUPPLY AND DEMAND
INFLATION
MONETARY POLICY
Frenkel, Roberto
The competitive real exchange-rate regime, inflation and monetary policy
description Includes bibliography
format Otro (Other)
author Frenkel, Roberto
author_facet Frenkel, Roberto
author_sort Frenkel, Roberto
title The competitive real exchange-rate regime, inflation and monetary policy
title_short The competitive real exchange-rate regime, inflation and monetary policy
title_full The competitive real exchange-rate regime, inflation and monetary policy
title_fullStr The competitive real exchange-rate regime, inflation and monetary policy
title_full_unstemmed The competitive real exchange-rate regime, inflation and monetary policy
title_sort competitive real exchange-rate regime, inflation and monetary policy
publishDate 2014
url http://hdl.handle.net/11362/11346
_version_ 1741603667157450752
score 12,131701