000			01553naa a2200205uu 4500
001			8031811141319
003			OSt
005			20190212110609.0
008			080318s1992 bl ||||gr |0|| 0 por d
100	1		_aTOLEDO, Joaquim Elói Cirne de _933285
245	1	0	_aArgentina : _bCavalho, galope para o desestre?
260			_aSão Paulo : _bNobel, _cjul./set.1992
520	3		_aThis paper analyses the latest stabilization effort in Argentina, the Cavallo Plan (named after its mentor, Domingo Cavallo). The analytical framework is the tradeable non tradeable textbook model, a.k.a. the dependent economy model, from the Australian trade literature. The model is extended to include the effect of real wages on aggregate demand, and therefore on activity. A Phillips— curve description of inflation is also added. It is shown that, by moving from a floating to a fixed-exchange rate regime, the Argentinean economy attained domestic equilibrium, at the cost of BoP equilibrium. The paper shows that the ensuing trade deficit may lead to a classical run on reserves, forcing the return to floating exchange rates. In the process, the economy will go through a complete economic cycle, returning to inflation
590			_aRevista de Economia Plítica 1992
590			_av. 12, n. 3(47)
773	0	8	_tRevista de Economia Política = Brazilian Journal of Political Economy _g12, 3, p. 5-15 _dSão Paulo : Nobel, jul./set.1992 _xISSN 01013157 _w
942			_cS
998			_a20080318 _b1114^b _cMariana
998			_a20140221 _b1050^b _ckarina
999			_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c25954 _d25954
041			_apor