Inflation, indexation and intermediation

Authors

  • Juan Arranz Torcuato Di Tella Institute, Argentina
  • Carlos Rivas Center for Monetary and Banking Studies (BCRA), Argentina

Keywords:

Argentina, Financial System, Financing, Inflation, Investment

Abstract

This article analyzes the problem of investment financing in high inflation economies. It has focused on the availability of investment funds, simultaneously emphasizing its two main aspects, global volume and competition for funds by the public and private sectors; and on the instruments required by a financial system in a context of high inflation rates. Finally, based on the previous approach, some outstanding features of the Argentine reality of the last decade are described and characterized.

JEL classification: E31 ; E22 ; G20

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Published

1985-09-01

How to Cite

Arranz, J. and Rivas, C. (1985) “Inflation, indexation and intermediation”, Ensayos Económicos, (35), pp. 29–93. available at: https://investigacionesconomicas.bcra.gob.ar/ensayos_economicos_bcra/article/view/527 (accessed: 4 May 2025).

Issue

No. 35 (1985): Ensayos Económicos

Section

Articles