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dc.contributor.authorShiller, Robert J.
dc.date.accessioned2019-11-01T00:01:51Z
dc.date.available2019-11-01T00:01:51Z
dc.date.issued2002
dc.identifier.isbn956-7421-110
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3629
dc.descriptionAn indexed unit of account, such as the Unidad de Fomento (UF) in Chile, is a money analogue that can be used to price items for sale or to specify Amounts to be repaid in the future. While it is in a sense a sort of money, it is not true money since it is not a medium of exchange and it has no physical embodiment like coins, notes, or reserve balances. An exchange rate between the unit and the true money or legal tender (in Chile, the peso) is defined using an index number (such as the consumer price index), and payments are executed in money. Indexed units of account thus facilitate payments that are tied to the index number, without being a means of payment.
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 105-134
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSerieson Central Banking, Analysis, and Economic Policies, no. 2
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectTIPO DE CAMBIOes_ES
dc.subjectPRECIOSes_ES
dc.subjectÍNDICE DE PRECIOS AL CONSUMIDORes_ES
dc.titleIndexed units of account: theory and assessment of historical experience
dc.type.docArtículo
dc.file.nameBCCh-sbc-v02-p105_134


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Attribution-NonCommercial-NoDerivs 3.0 Chile
Excepto si se señala otra cosa, la licencia del ítem se describe como Attribution-NonCommercial-NoDerivs 3.0 Chile