| dc.contributor.author | Vignoli, Guido | |
| dc.date.accessioned | 2016-03-30T18:03:43Z | |
| dc.date.available | 2016-03-30T18:03:43Z | |
| dc.date.issued | 2016 | |
| dc.identifier.issn | 1850-2547 | |
| dc.identifier.uri | http://repositorio.ub.edu.ar/handle/123456789/6867 | |
| dc.description | Argentina is presented as a case where the theory of the Purchasing Power Parity holds. The price
indices of Argentina and United States serve as determinants of the dynamics of the Nominal Exchange
Rate in the long run. Through a vector error correction model it is determined that the Argentinean prices
are the main variable in the peso-dollar relationship. By studying the period from 1943 to 2015 it concluded
that during the 61% of that period Argentina was with exchange rate appreciation, ending in 2015 with an
average of 38%. With the ending of the “cepo cambiario” period and the devaluation on December 2015,
the appreciation was of 8,84%. Shocks on the exchange rate tend to disappear, although the adjustment
of the misalignment is faster in nominal terms than in real. | es_ES |
| dc.description.abstract | Argentina se presenta como un caso donde se cumple la teoría de la Paridad del Poder Adquisitivo.
Los índices de precios de Argentina y Estados Unidos sirven como determinantes de la dinámica del Tipo
de Cambio Nominal en el largo plazo. A través de un modelo de corrección de errores en vectores se
determina que la principal variable en la relación peso-dólar es el nivel de precios argentinos. | es_ES |
| dc.language.iso | es / en | es_ES |
| dc.relation.ispartofseries | Documentos de Trabajo;No. 311 | |
| dc.subject | Economía | es_ES |
| dc.subject | Finanzas | es_ES |
| dc.subject | Precios | es_ES |
| dc.subject | Poder adquisitivo | es_ES |
| dc.subject | Tipo de cambio | es_ES |
| dc.subject | Economy | es_ES |
| dc.subject | Finance | es_ES |
| dc.subject | Prices | es_ES |
| dc.subject | Purchasing power | es_ES |
| dc.subject | Exchange rate | es_ES |
| dc.title | Validación empírica de la PPA para Argentina en el periodo 1943-2015 | es_ES |
| dc.type | Working Paper | es_ES |
| dc.publisher | Universidad de Belgrano - Facultad de Ciencias Económicas | |
