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005 | 20190212110215.0 | ||
008 | 080129s1996 bl ||||gr |0|| 0 por d | ||
100 | 1 |
_aP., Luis Miguel Galindo _933595 |
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245 | 1 | 0 |
_aLa demanda de M4 y la substitución de moneda en Mexico : _b1978-1990 |
260 |
_aSão Paulo : _bNobel, _cabr./jun. 1996 |
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520 | 3 | _aThe objective of this essay is to analyze the demand for M4 and the capital flows in Mexico for the period 1978-1990. The econometric analysis heavily uses the general to specific methodology, cointegration and an error correction model. The empirical evidence shows the existence of a stable demand for M4. The demand for M4 depends, in the long run, on income and interest rate. In the short run the changes in the inflation rate and the currency substitution effect are relevant factors to explain M4. The presence of currency substitution implies that the authorities must take account of the differentials in the interest rates between Mexico and the United States | |
590 | _aRevista de Economia Política 1996 | ||
590 | _av. 16, n. 2(62) | ||
773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g16, 2, p. 143-153 _dSão Paulo : Nobel, abr./jun. 1996 _xISSN 01013157 _w |
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_a20080129 _b1101^b _cMariana |
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_a20140214 _b0922^b _ckarina |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25607 _d25607 |
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041 | _apor |