Compleción del modelo del overshooting de Dornsbusch

Authors

  • Ramón García-Cobián Pontificia Universidad Católica del Perú

DOI:

https://doi.org/10.18800/economia.200501.004

Keywords:

Overshooting model, Dornsbusch, Exchange rates dynamics

Abstract

The article tries to complete the “overshooting” model of Dornsbusch, explicitly including a dynamic equation for the money market, because he treats this only in an intuitive way, as if there was an infinite speed of adjustment. After pointing out some errors in the original work, it is showed that the hypotheses made by Dornsbusch are sufficient for the completed model to exhibit the wanted “overshooting”.

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Published

2005-03-08

How to Cite

García-Cobián, R. (2005). Compleción del modelo del overshooting de Dornsbusch. Economia, 28(55-56), 187–196. https://doi.org/10.18800/economia.200501.004

Issue

Vol. 28 No. 55-56 (2005)

Section

Articles

License

Copyright (c) 2016 Economía

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.