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Análisis UPAC - UVR
                          FACTORES 1998




  RECESIÓN ECONÓMICA                    ALTAS TASAS DE INTERÉS


                               UPAC




                                      ELIMINACIÓN DOBLE CESANTÍA
BAJA DE DINEROS CALIENTES


 GUILLERMO BUENAVENTURA
Análisis UPAC - UVR
                         TASAS DE INTERÉS

                                π (%a)
Época              i (%a)                   iR (%a)
                π + 5%
1972                             25%      5%
                π + 10%
1988                             20%     10%
1992                             18%     10%      (DTF = 24%)
                                                  (DTF 24%)
                0,7 DTF + 10%
1994                             16%     18%      (DTF = 28%)
                                                  (DTF 28%)
                0,7 DTF + 12%
1996                             14%     22%      (DTF 30%)
                                                  (DTF = 30%)
                DTF + 6%
1998                             12%     45%      (DTF = 40%)
                                                  (DTF 40%)
                DTF + 16%
                π + 14%
2000                              6%     14%
GUILLERMO BUENAVENTURA
Análisis UPAC - UVR
                         TASAS DE INTERÉS

                                π (%a)
Época              i (%a)                   iR (%a)
1998                             12%     45% (DTF = 40%)
                                              (DTF 40%)
                DTF + 16%
                π + 14%
2000                              6%     14%
                π + 8%
2006                              5%       8%
                π + 10%
2009                             6,5%     10% (DTF = 7%)




GUILLERMO BUENAVENTURA
Análisis UPAC - UVR
     TASAS DE INTERÉS E INFLACIÓN 1972-2009
                                  1972-




GUILLERMO BUENAVENTURA
Análisis UPAC - UVR
           TASAS DE INTERÉS REAL 1972-2009
                                 1972-




GUILLERMO BUENAVENTURA

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Gbv P5 An¦Lisis Upac [Modo De Compatibilidad]

  • 1. Análisis UPAC - UVR FACTORES 1998 RECESIÓN ECONÓMICA ALTAS TASAS DE INTERÉS UPAC ELIMINACIÓN DOBLE CESANTÍA BAJA DE DINEROS CALIENTES GUILLERMO BUENAVENTURA
  • 2. Análisis UPAC - UVR TASAS DE INTERÉS π (%a) Época i (%a) iR (%a) π + 5% 1972 25% 5% π + 10% 1988 20% 10% 1992 18% 10% (DTF = 24%) (DTF 24%) 0,7 DTF + 10% 1994 16% 18% (DTF = 28%) (DTF 28%) 0,7 DTF + 12% 1996 14% 22% (DTF 30%) (DTF = 30%) DTF + 6% 1998 12% 45% (DTF = 40%) (DTF 40%) DTF + 16% π + 14% 2000 6% 14% GUILLERMO BUENAVENTURA
  • 3. Análisis UPAC - UVR TASAS DE INTERÉS π (%a) Época i (%a) iR (%a) 1998 12% 45% (DTF = 40%) (DTF 40%) DTF + 16% π + 14% 2000 6% 14% π + 8% 2006 5% 8% π + 10% 2009 6,5% 10% (DTF = 7%) GUILLERMO BUENAVENTURA
  • 4. Análisis UPAC - UVR TASAS DE INTERÉS E INFLACIÓN 1972-2009 1972- GUILLERMO BUENAVENTURA
  • 5. Análisis UPAC - UVR TASAS DE INTERÉS REAL 1972-2009 1972- GUILLERMO BUENAVENTURA