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vol.39 número117CONSECUENCIAS DE LA NOMINALIZACION DE LA POLITICA MONETARIA índice de autoresíndice de materiabúsqueda de artículos
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Cuadernos de economía

versión On-line ISSN 0717-6821

Resumen

MORANDE L., Felipe. NOMINALIZACION DE LA TASA DE POLITICA MONETARIA: DEBATE Y CONSECUENCIAS. Cuad. econ. [online]. 2002, vol.39, n.117, pp.239-252. ISSN 0717-6821.  http://dx.doi.org/10.4067/S0717-68212002011700006.

This note presents the arguments for and against the move from a monetary policy interest rate indexed to past inflation to a rate set in pesos (nominal) that took place in August 2001. The debate within the Central Bank was long and at sometimes hot, and included the issue of transition. But with time it became clear that a nominal policy rate was more coherent with the new framework of monetary and exchange rate policy implemented in 1999. Some preliminary evaluation of the effects of this decision is also done

Palabras clave : Monetary Policy; Interest Rate; Instruments.

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