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Precios, oferta monetaria y crecimiento económico en la nueva granada de la segunda mitad del siglo XVIII

Author

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  • James Vladimir Torres Moreno
Abstract
La historiografía económica reciente señala que la Nueva Granada experimentó un alto crecimiento económico durante la segunda mitad del siglo XVIII. Este artículo examina algunas variables que pudieron afectar dicho crecimiento: precios, oferta monetaria y tasas de interés. Con base en las exportaciones netas de numerario y la ecuación cuantitativa del dinero se estima la oferta monetaria, que permite analizar la tendencia de varios indicadores macroeconómicos. Los resultados indican un alto crecimiento de la moneda a disposición del público y de los precios, una disminución de la velocidad de circulación y de diversas tasas de interés.

Suggested Citation

  • James Vladimir Torres Moreno, 2013. "Precios, oferta monetaria y crecimiento económico en la nueva granada de la segunda mitad del siglo XVIII," Revista de Economía Institucional, Universidad Externado de Colombia - Facultad de Economía, vol. 15(29), pages 195-225, July-Dece.
    • Handle: RePEc:rei:ecoins:v:15:y:2013:i:29:p:195-225
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    File URL: http://www.uexternado.edu.co/facecono/ecoinstitucional/workingpapers/jtorres29.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    precios; crecimiento económico; moneda; tasa de interés; virreinato de la Nueva Granada;
    All these keywords.

    JEL classification:

    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E66 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General Outlook and Conditions
    • N16 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Latin America; Caribbean
    • N26 - Economic History - - Financial Markets and Institutions - - - Latin America; Caribbean

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