El Caso del Dinero Desaparecido Chile 1984-1986

Article, Preprint OPEN
Felipe Larraín; Aníbal Larraín;
(1988)
  • Journal: Cuadernos de Economía,volume 25,issue 75,pages247-282

Between the third quarter of 1984 and the second one of 1986, Chile's real money balances (seasonally adjusted, real MI) decreased by 11%. In the same period, Gross Domestic Product grew by 12.3% and the effective short-term interest rate systematically d
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