This paper presents a simple simulation model that enables the formulation of a consistent growth-oriented, medium-term adjustment program. The applied version is available in Excel (using data for El Salvador) and can be used directly as a financial programming tool that provides a range of...

This paper presents a simple simulation model that enables the formulation of a consistent growth-oriented, medium-term adjustment program. The applied version is available in Excel (using data for El Salvador) and can be used directly as a financial programming tool that provides a range of...

This paper presents a simple simulation model that enables the formulation of a consistent growth-oriented, medium-term adjustment program. The applied version is available in Excel (using data for El Salvador) and can be used directly as a financial programming tool that provides a range of...

Este trabajo estudia la estabilidad de la paridad del poder de compra (PPC) en términos del equilibrio de largo plazo para Argentina, Brasil, Chile, México, Perú y Uruguay. Utilizando datos trimestrales desde 1949.1 hasta 1985.2, el test de “cointegración” entre tipos de cambio y precios...