Aspectos dinámicos de la tasa de interés en algunos modelos macroeconómicos simples

Abstract

This article aims at developing a macroeconomic model in order to survey the main macroeconomic variables, including nominal and real interest rates when the rate of increase of money is modified. The model includes equations for the goods, money and bond markets, and the "increased Phillips curve". Consistent with a paper by Peel and Metcalfe, the real interest rate affecting the "mark-up" between prices and wages, has been added to the Phillips curve.