T9: Tipos de cambio fijos vs tipos de cambio flexibles

T9: Tipos de cambio fijos vs tipos
de cambio flexibles
Carlos Llano
Referencias:
•Tema 6 del Programa.
•Capítulo 7 y 8 de Feenstra & Taylor (2011).
1. El Modelo Renta-Gasto
Figure 18.7 (a) The Goods Market Equilibrium and the Keynesian Cross
Feenstra and Taylor: International Economics, Second Edition
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1. El Modelo Renta-Gasto
Figure 18.7 (b) Shifts in Demand
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1. El Modelo Renta-Gasto y la IS
1. El Modelo Renta-Gasto y la IS
2. El Mercado de dinero y la LM
Figure 18.10 Deriving the LM Curve
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2. El Mercado de dinero y la LM
Figure 18.11 Change in the Money Supply Shifts the LM Curve
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3. El Modelo Mundell-Fleming
Figure 18.12 Equilibrium in the IS-LM-FX Model
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3. El Modelo Mundell-Fleming
Política Monetaria Expansiva. E flexible.
Figure 18.13 Monetary Policy under Floating Exchange Rates
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3. El Modelo Mundell-Fleming
Política Monetaria Expansiva. E fijo.
Figure 18.14 Monetary Policy under Fixed Exchange Rates
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3. El Modelo Mundell-Fleming
Política Fiscal Expansiva. E flexible.
Figure 18.15 Fiscal Policy under Floating Exchange Rates
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3. El Modelo Mundell-Fleming
Política Fiscal Expansiva. E fijo.
Figure 18.16 Fiscal Policy under Fixed Exchange Rates
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3. El Modelo Mundell-Fleming
Caída exógena Renta extranjera. E fijo.
Figure 18.17 Stabilization Policy under Floating Exchange Rates
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Figure 18.18 Demand Shocks Down Under
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3. El Modelo Mundell-Fleming
Política fiscal expansiva con trampa de la liquidez.
E flexible.
3. El Modelo Mundell-Fleming
Efecto de la política fiscal aplicada en EEUU
durante la gran recesión de 2008-2010.
Figure 18.20 Fiscal Policy in the Great Recession: Didn’t Work or Wasn’t Tried?
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