Monetary Order and Income Distribution. The case of Argentina 1991-2011
The present article analyzes the relationship that exists between the income distribution and the institutions of monetary order based on two complementary theoretical schemes. First, we turn to the institutionalist monetary theory of Aglietta and Orléan, to account for the institutional mechanisms...
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| Format: | Online |
| Language: | spa |
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Facultad de Ciencias Económicas. Instituto de Economía y Finanzas
2014
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| Online Access: | https://revistas.unc.edu.ar/index.php/acteconomica/article/view/9025 |
| _version_ | 1839026313663348736 |
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| author | Chena, Pablo Ignacio |
| author_facet | Chena, Pablo Ignacio |
| author_sort | Chena, Pablo Ignacio |
| collection | Portal de Revistas |
| description | The present article analyzes the relationship that exists between the income distribution and the institutions of monetary order based on two complementary theoretical schemes. First, we turn to the institutionalist monetary theory of Aglietta and Orléan, to account for the institutional mechanisms through which the monetary regime biases the income distribution between creditors and debtors, depending on the functions assigned to the Central Bank. Second, the focus of the monetary circuit is used to explain the power that commercial banks have in the selection of companies and / or sectors that will be winners or losers in the distributive struggle. Finally, the modifications to the monetary order that occurred in Argentina during the neoliberal period (1991-2001) and post-neoliberal period (2002-2011) and its effects on the distribution of income are studied. |
| format | Online |
| id | oai:ojs.revistas.unc.edu.ar:article-9025 |
| institution | Universidad Nacional de Cordoba |
| language | spa |
| publishDate | 2014 |
| publisher | Facultad de Ciencias Económicas. Instituto de Economía y Finanzas |
| record_format | ojs |
| spelling | oai:ojs.revistas.unc.edu.ar:article-90252022-09-12T23:10:34Z Monetary Order and Income Distribution. The case of Argentina 1991-2011 Orden Monetario y Distribución del Ingreso. El caso de Argentina 1991-2011 Chena, Pablo Ignacio Currency Central Bank Income Distribution Argentina E4 I3 Moneda Banco Central Distribución del Ingreso Argentina E2 The present article analyzes the relationship that exists between the income distribution and the institutions of monetary order based on two complementary theoretical schemes. First, we turn to the institutionalist monetary theory of Aglietta and Orléan, to account for the institutional mechanisms through which the monetary regime biases the income distribution between creditors and debtors, depending on the functions assigned to the Central Bank. Second, the focus of the monetary circuit is used to explain the power that commercial banks have in the selection of companies and / or sectors that will be winners or losers in the distributive struggle. Finally, the modifications to the monetary order that occurred in Argentina during the neoliberal period (1991-2001) and post-neoliberal period (2002-2011) and its effects on the distribution of income are studied. El presente artículo analiza la relación que existe entre la distribución del ingreso y las instituciones del orden monetario en base a dos esquemas teóricos complementarios. En primer lugar, se acude a la teoría monetaria institucionalista de Aglietta y Orléan, para dar cuenta de los mecanismos institucionales a través de los cuales el régimen monetario sesga la distribución del ingreso entre acreedores y deudores, dependiendo de las funciones asignadas al Banco Central. En segundo término se utiliza al enfoque del circuito monetario para explicitar el poder que tienen los bancos comerciales en la selección de las empresas y/o sectores que resultarán ganadores o perdedores en la lucha distributiva. Finalmente, se estudian las modificaciones al orden monetario acaecidas en la Argentina durante el período neoliberal (1991-2001) y posneoliberal (2002-2011) y sus efectos sobre la distribución del ingreso. Facultad de Ciencias Económicas. Instituto de Economía y Finanzas 2014-04-28 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Articles Artículos application/pdf https://revistas.unc.edu.ar/index.php/acteconomica/article/view/9025 Actualidad Económica; Vol. 24 No. 82 (2014): January-April; 9-21 Actualidad Económica; Vol. 24 Núm. 82 (2014): Enero-Abril; 9-21 2250-754X 0327-585X spa https://revistas.unc.edu.ar/index.php/acteconomica/article/view/9025/9843 |
| spellingShingle | Currency Central Bank Income Distribution Argentina E4 I3 Moneda Banco Central Distribución del Ingreso Argentina E2 Chena, Pablo Ignacio Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title | Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title_alt | Orden Monetario y Distribución del Ingreso. El caso de Argentina 1991-2011 |
| title_full | Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title_fullStr | Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title_full_unstemmed | Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title_short | Monetary Order and Income Distribution. The case of Argentina 1991-2011 |
| title_sort | monetary order and income distribution the case of argentina 1991 2011 |
| topic | Currency Central Bank Income Distribution Argentina E4 I3 Moneda Banco Central Distribución del Ingreso Argentina E2 |
| topic_facet | Currency Central Bank Income Distribution Argentina E4 I3 Moneda Banco Central Distribución del Ingreso Argentina E2 |
| url | https://revistas.unc.edu.ar/index.php/acteconomica/article/view/9025 |
| work_keys_str_mv | AT chenapabloignacio monetaryorderandincomedistributionthecaseofargentina19912011 AT chenapabloignacio ordenmonetarioydistribuciondelingresoelcasodeargentina19912011 |