Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12494/33728
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dc.coverage.temporal20-1es
dc.creatorMora, José-
dc.creatorHurtado, Alberto-
dc.creatorZerpa, Sadcidi-
dc.date.accessioned2021-03-26T18:52:16Z-
dc.date.available2021-03-26T18:52:16Z-
dc.date.issued2020-01-10-
dc.identifier.issn1578-4487es
dc.identifier.urihttp://hdl.handle.net/20.500.12494/33728-
dc.description.abstractConsidering the monetary approach, this article analyzes the feasibility of creating a new currency in the Southern Common Market (MERCOSUR) as an option to recover the dynamism observed in the previous decade. The hypothesis suggests that the creation of a new currency is desirable if it is possible to increase the growth rate of real gross domestic product (GDP) and to reduce price volatility. Empirical evidence suggests that the alternative of creating and implementing a new currency in the bloc is desirable and highly feasible due to the positive correlations observed among their countries’ business cycles and domestic currency depreciation rates, as along with the possibility of creating a central bank responsible for the common monetary policy with low inflationary bias.es
dc.format.extent81-96es
dc.publisherUniversidad Cooperativa de Colombia, Facultad de Ciencias Económicas, Administrativas y Contables, Comercio Internacional, Bogotáes
dc.relation.ispartofApplied Econometrics and International Developmentes
dc.relation.isversionofhttps://ideas.repec.org/a/eaa/aeinde/v20y2020i1_6.htmles
dc.subjectIntegración monetariaes
dc.subjectPolítica monetariaes
dc.subjectTipo de cambioes
dc.subjectMercosures
dc.subject.otherMonetary integrationes
dc.subject.otherMonetary policyes
dc.subject.otherExchange ratees
dc.subject.otherMercosures
dc.titleReactivating the dynamism in Mercosur: A monetary approaches
dc.typeArtículos Científicoses
dc.rights.licenseNINGUNAes
dc.publisher.departmentBogotáes
dc.publisher.programComercio Internacionales
dc.creator.mailalberto.hurtadob@campusucc.edu.coes
dc.identifier.bibliographicCitationMora, J., Hurtado, A. y Zerpa, S. (2020). Reactivating the dynamism in Mercosur: A monetary approach. Applied Econometrics and International Development, 20(1), 81-96. https://ideas.repec.org/a/eaa/aeinde/v20y2020i1_6.htmles
dc.rights.accessRightsopenAccesses
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dc.description.cvlachttps://scienti.minciencias.gov.co/cvlac/visualizador/generarCurriculoCv.do?cod_rh=0001753768es
dc.description.orcidhttps://orcid.org/0000-0003-3660-8299es
dc.description.gruplachttps://scienti.minciencias.gov.co/gruplac/jsp/visualiza/visualizagr.jsp?nro=00000000003164es
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