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In this paper we present a model similar to that of Aggregate Supply and Demand, for the study of the fluctuations of the two most important macroeconomic variables: inflation and the level of activity. In the first part we present the case of a closed economy, in which the basic equations will...
Persistent link: https://www.econbiz.de/10008599477
In this paper we present the combined analysis of the offer and the demand added under a regime of flexible exchange rate, for the short, the medium and the long term, in a context of perfect mobility of capitals. This model of supply and demand aggregate, determined the level of prices and the...
Persistent link: https://www.econbiz.de/10008599486
In this paper we present the Mundell - Fleming model for a regime of fixed and flexible exchange rate, in a context of perfect capital mobility. In the first part we present the model for the case of a fixed exchange - regime, in which the basic equations will be introduced describing the market...
Persistent link: https://www.econbiz.de/10008599487
In this paper we present the combined analysis of the supply and the aggregate demand under a régime of fixed exchange rate, for the short, medium and long term, in a context of perfect capital mobility. The model determines the prices level and the production, given a group of exogenous...
Persistent link: https://www.econbiz.de/10008599495
In this paper the Mundell - Fleming model is used to derive the curve of the aggregate demand for regimens of fixed and flexible exchange rates, in a context of perfect capital mobility. A curve of perfectly elastic aggregate supply will be supposed. Though, all increment of the aggregate demand...
Persistent link: https://www.econbiz.de/10008599500
The private commercial banking and a widespread foreign currency market are the central institutions that characterize the financial system of many Latin American countries. In these economies, the stock markets still don't have a great macroeconomic importance and the markets for government...
Persistent link: https://www.econbiz.de/10008599505
In this paper we study the operation of the labor market, and a curve of aggregate supply is derived, for the cases of closed and open economy, in the short, medium and long term. In an open economy, an important part of the production costs is derived of the use of imported inputs in the...
Persistent link: https://www.econbiz.de/10008599507
This study analyses the more appropriate environment for the business location at the Peruvian municipal level. The first part of this study analyses the conditions to determine the good locations for investing in business, within the framework of the Economic Geography (Venables, 2003; and Burgess...
Persistent link: https://www.econbiz.de/10008599482
In this study we analyzed the efficiency of the spending of 1686 Peruvian municipalities for the year 2003 through the evaluation to the municipal public activities as a process of production which transforms inputs in outputs (Bradford et. al., 1969 y Fisher, 1996). In doing so, we established...
Persistent link: https://www.econbiz.de/10008462968
In this study the Peruvian intergovernmental transfer system was redesigned taking into consideration both horizontal equity and transverse compensation in the distribution of resources. In doing so, the Admad, Singh and Fortuna (2004)’s methodology was used, the same which proposes a...
Persistent link: https://www.econbiz.de/10008511683