In this paper, we study the statistical relationship between money and prices in Argentina during the last quarter of the 20th century. We first look at the unit root characteristics of the series which suggest dividing the whole sample into two sub-samples: 1976 to 1989 and 1991 to 2001, as...

We study the relationship between money and prices in Argentina for the periods 1976-1989 and 1991-2001, which represent different monetary, fiscal, exchange rate and political regimes. We perform structural unit root tests, apply a filter similar to Luca