The Intertemporal Relation Between Money and Prices: Evidence from Argentina

We study the relationship between money and prices in Argentina for the periods 1976-1989 and 1991-2001, which represent different monetary, fiscal, exchange rate and political regimes. We perform structural unit root tests, apply a filter similar to LucaQuantitative theory, inflation, empirical evidence, structural unit-root testing, vars

Tenencia de una Segunda Moneda Durante Períodos de Inflación

This paper considers an economy with two monies, one issued by the domestic government to pay for government expenditures and the other in fixed supply. This is meant to proxy the case where individuals can hold both the inflating domestic currency and so