Please use this identifier to cite or link to this item:
Exportar a:
Full metadata record
DC FieldValueLanguage
dc.creatorMora, José-
dc.creatorHurtado, Alberto-
dc.creatorZerpa, Sadcidi-
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
dc.publisherUniversidad Cooperativa de Colombia, Facultad de Ciencias Económicas, Administrativas y Contables, Comercio Internacional, Bogotáes
dc.relation.ispartofApplied Econometrics and International Developmentes
dc.subjectIntegración monetariaes
dc.subjectPolítica monetariaes
dc.subjectTipo de cambioes
dc.subject.otherMonetary integrationes
dc.subject.otherMonetary policyes
dc.subject.otherExchange ratees
dc.titleReactivating the dynamism in Mercosur: A monetary approaches
dc.typeArtículos Científicoses
dc.publisher.programComercio Internacionales
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.
dc.source.bibliographicCitationBaxter, M. and King, R. G. (1999). "Measuring Business Cycles: Approximate BandPass Filters for Economic Time Series". Review of Economics and Statistics, 81, November,
dc.source.bibliographicCitationClarida, R.; Galí, J. and Gertler, M. (1999). “The Science of Monetary Policy: A New Keynesian Perspective”. Journal of Economic Literature, XXXVII, December, 1661-
dc.source.bibliographicCitationFurceri, D. and Karras, G. (2008) “Is the Middle East an Optimum Currency Area? A Comparison of Costs and Benefits”. Open Economies Review, 19(4), September, 479- 491. DOI: 10.1007/s11079-007-9046-4es
dc.source.bibliographicCitationGiacalone, R. (2015). Latin American Answers to Mega-Regional Projects: Options and Limits. In J. Roy (Eds.), A New Atlantic Community: The European Union, the US and Latin America. Miami: The Miami-Florida European Union Center of ExcellenceJean Monnet Chair of the University of Miami,
dc.source.bibliographicCitationHurtado, A. (2014) “Economía Política Internacional de la Integración Monetaria del Mercosur”. Aldea Mundo Revista sobre Fronteras e Integración, 19(37), enero-junio, 25-34. Retrieved from:
dc.source.bibliographicCitationHurtado, A. and Mora, J. U. (2018). “Alternativas de integración monetaria para Mercosur”. Revista Economía UNAM, 15(44), 70-88. Retrieved from:
dc.source.bibliographicCitationHurtado, A., Zerpa de Hurtado, S. and Mora, J. U. (2018). “Enfoques teóricometodológicos sobre la Unificación Monetaria en MERCOSUR. Reapertura del debate”. Revista Aportes para la Integración Latinoamericana, XXIV(38), junio,
dc.source.bibliographicCitationHurtado, A., Zerpa de Hurtado, S. and Mora, J. U. (2019). “Enfoques teóricos sobre la unificación monetaria en MERCOSUR y lecciones derivadas de la experiencia de la Unión Europea”. Revista Economía del Caribe, (23), enero-junio, 70-87. Retrieved from:
dc.source.bibliographicCitationKarras, G. (2002) “Costs and Benefits of Dollarization: Evidence from North, Central, and South America”. Journal of Economic Integration, 17(3), September,
dc.source.bibliographicCitationKarras, G. (2003). “The Prospect of Dollarization: Are the Americas an Optimum Currency Area?” In C. Tsoukis, G.M. Agiomirgianakis, and T. Biswas (Eds.) Aspects of Globalisation: Macroeconomic and Capital Market Linkages in the Integratees
dc.source.bibliographicCitationKarras, G. (2005) “Is there a yen optimum currency area? Evidence from 18 Asian and Pacific economies”. Japan and the World Economy, 17(4), December,
dc.source.bibliographicCitationKarras, G. (2012) “Optimal stabilization policy in a monetary union: implications of the Mankiw-Weinzierl model”. International Journal of Monetary Economics and Finance, 5(2), June,
dc.source.bibliographicCitationKenen, P. (1969). “The theory of optimum currency areas: an eclectic view”. En Mundell, R. y Swoboda, A. (Eds). Monetary problems of the international economy. Chicago: Universidad de Chicago Press,
dc.source.bibliographicCitationLavagna, R. and Giambiagi, F. (1998). Hacia la creación de una moneda común: una propuesta de convergencia coordinada de políticas macroeconómicas en el Mercosur. BNDES. Recuperado de: /bndes_pt/Galerias/Arquivos/conhecimento/ensaio/ensaio6.pdfes
dc.source.bibliographicCitationMcKinnon, R. (1963). “Optimum currency areas”. American Economic Review, LIII (4),es
dc.source.bibliographicCitationMora, J. U. (2006) “¿Dolarización individual o moneda común? evidencia para los países suramericanos”. En Revista Aportes para la Integración latinoamericana, XII(14), julio, 88-
dc.source.bibliographicCitationMora, J. U. (2016) “La Alianza del Pacífico y Mercosur: Evidencias de Convergencia Económica”. En Revista Estudios Gerenciales, 32 (141), septiembre-diciembre, 309- 318. Retrieved from: ew/2324/pdfes
dc.source.bibliographicCitationMundell, Robert (1961). “A theory of optimum currency areas”. American Economic Review, LI (4), November, 509-
dc.source.bibliographicCitationNogueira, U. (19 de julio de 1998). El Mercosur monetario. Clarín. Buenos Aires, Argentina. Retrieved from:
dc.source.bibliographicCitationPurroy, M. I. (2014) La utopía de la moneda común: el debate sobre integración monetaria y régimen cambiario. CreateSpace Independent Publishing Platform, p.
dc.source.bibliographicCitationRamírez, L. M. (2017). Punto de inflexión para el MERCOSUR en razón de las negociaciones económicas internacionales. En N. Mellado y J. C. Fernández (Eds.). Desafíos para el regionalismo latinoamericano en el contexto internacional del siglo XXI. La Libertad, El Salvador: Editorial Delgado, 149-175es
dc.source.bibliographicCitationVeiga, P.; Rios, S. P. and Naidin, L. C. (2013). Políticas comercial e industrial: o hiperativismo do primeiro biênio Dilma. Rio de Janeiro: CINDES, Texto 35. Retrieved from: view=finish&cid=713&catid=7es
Appears in Collections:Comercio Internacional

Files in This Item:
There are no files associated with this item.

Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.