JACOBO ALEJANDRO DAMIÁN
Artículos
Título:
Taking the Business Cycle's Pulse to Some Latin American Economies: Is There a Rhytmical Beat?
Revista:
Estudios Económicos
Editorial:
El Colegio de México
Referencias:
Lugar: México, D.F.; Año: 2002 vol. 17 p. 219 - 219
ISSN:
0188-6916
Resumen:
he paper deals with the marcoeconomic behavior of Argentina, Bolivia, Brazil, Chile, Paraguay and Uruguay for the period 1970-1997. Its aim is twofold. First, to determine whether their economic fluctuations followed a similar pattern according to their duration, intensity and timing. Second, to evaluate the demand and supply shocks. The arrythmical beat among these economies in the past reveals that ther is little point in trying to align macroeconomic policies, and the absence of an economic argument for a monetary union.