When money does not matter or the Aprista monetary policy, Peru: 1985-1988

Authors

  • Eduardo Andrés Morón Pastor

DOI:

https://doi.org/10.21678/apuntes.24.289

Keywords:

Peru, monetary policy, inflation, economic crisis, money, economic theory

Abstract

In this article the author presents a critical viewpoint to many of the monetary policies during the firts three and a half years of the aprista government. In this way, such policies have as a common characteristic the modeling assumption that "money does not matter", which means the irrelevancy of its effects over the diferent macroeconomic variables. Throughout this article, the author works out some points which lead to the conclusion that the present crisis is due to a set of mistakes, not only because of the economic instruments, but the theoretical frame about the importance and the effect of money on the economy.

Downloads

Download data is not yet available.

Downloads

Published

1989-12-14

How to Cite

Morón Pastor, E. A. (1989). When money does not matter or the Aprista monetary policy, Peru: 1985-1988. Apuntes. Social Sciences Journal, (24), 139–159. https://doi.org/10.21678/apuntes.24.289

Issue

Apuntes 24

Section

Articles

License

Apuntes publishes all its articles and reviews under a Creative Commons Attribution (CC BY 4.0) license with the objective of promoting academic exchange worldwide. Therefore, articles and book reviews can be distributed, edited, amended, etc., as the author sees fit. The only condition is that the name of the author(s) and Apuntes. Revista de Ciencias Sociales (as the publisher) be cited.