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Un precepto para la teoría monetaria
(Universidad del Pacífico. Centro de Investigación, 1996-07)
Acceso abierto
The article propases a dictum or rule for the methodology of monetary theory modeling. The dictum or rule is that money should not be a primitive concept in monetary theory, but its existence and its value should result ...
Las expectativas racionales y el fin de la macroeconomía
(Universidad del Pacífico. Centro de Investigación, 1996-01)
Acceso abierto
The author discusses the impact of expectations on the “style of theorizing about macroeconomics“. He states that one might almost say that the style associated with Keynes and his General Theory had ended. Static models ...