Oil, Money, And The Mexican Economy - A Macroeconometric Analysis (Hardcover)

In the mid-1970s unemployment, inflation and monetary disturbances were dominant forces in the Mexican economy. Beginning in late 1977, however the situation drastically changed. The discovery of enormous oil fields, combined with a structural and social factors, vastly improved the nation's prospects and in terms of business cycles, its economy moved from trough to peak. In assessing these changes, Dr Carrada constructs a macro-econometric model- based on the monetary approach to the balance of payments- to deal in the short-run with structural features of Mexico's economy. He then applied his model to a variety of scenarios in order to explore the short-term dynamic impact of oil revenues on real incomes, prices, inflation, money, supply and balance of payments. Incorporating theoretical and empirical evidence of hoe expectations affect levels of economic activity and inflation, Dr Carrada's model is applicable also to the conditions of other oil-rich developing countries

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	November 2021
First published:	1982
Authors:	Francisco Carrada-Bravo
Dimensions:	229 x 152mm (L x W)
Format:	Hardcover
Pages:	162
ISBN-13:	978-0-367-01723-1
Categories:	Books > Humanities > History > General Books > Social sciences > Politics & government > General Books > Business & Economics > Economics > Macroeconomics > General Books > History > General Promotions
LSN:	0-367-01723-7
Barcode:	9780367017231

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!