Choques macroeconómicos y crisis financieras. Alguna evidencia para la economía argentina (1977-2004)

Autores/as

  • Luis N. Lanteri Universidad de Rosario

DOI:

https://doi.org/10.35319/lajed.20079367

Palabras clave:

Choques macroeconómicos, Crisis financieras, Argentina

Resumen

Las turbulencias ocurridas en los mercados asiaticos en los anos noventa y la crisis Argentina de fines del ano 2001 mostraron la rapidez y la fuerza con que pueden surgir las crisis financieras y la dificultad para establecer la evolucion y las ramificaciones de estos eventos. Este trabajo examina las crisis financieras ocurridas en la economia argentina durante el periodo 1977-2004 (posterior a la reforma financiera). A tal efecto, se utilizan diversas herramientas econometricas, con el fin de determinar el comportamiento del sistema financiero frente a determinados shocks macroeconomicos. Asimismo, se trata de establecer si los periodos de caidas en los niveles de actividad economica determinan las crisis en el sector financiero o viceversa. Las estimaciones realizadas muestran que las crisis financieras (caidas en la relacion depositos/circulante en poder del publico) estarian asociadas con reversiones en los influjos de capital, con contracciones en el PIB real, con depreciaciones en el tipo de cambio real, con aumentos en la relacion M2/reservas internacionales, con alzas en las tasas de interes reales domesticas y con shocks adversos en los terminos de intercambio externos.

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Biografía del autor/a

Luis N. Lanteri, Universidad de Rosario

Banco Central de la República de Argentina y Universidad de Rosario.

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Publicado

2007-10-01

Cómo citar

N. Lanteri, L. . (2007). Choques macroeconómicos y crisis financieras. Alguna evidencia para la economía argentina (1977-2004). Revista Latinoamericana De Desarrollo Económico, (9), 81–114. https://doi.org/10.35319/lajed.20079367