<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0185-1667</journal-id>
<journal-title><![CDATA[Investigación económica]]></journal-title>
<abbrev-journal-title><![CDATA[Inv. Econ]]></abbrev-journal-title>
<issn>0185-1667</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Facultad de Economía]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0185-16672024000200158</article-id>
<article-id pub-id-type="doi">10.22201/fe.01851667p.2024.328.87124</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Temporary Disequilibrium of a Pure Cash Economy]]></article-title>
<article-title xml:lang="es"><![CDATA[Desequilibrio temporal de una economía de efectivo puro]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Seoane Salazar]]></surname>
<given-names><![CDATA[Martín Esteban]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Metropolitana  ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2024</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2024</year>
</pub-date>
<volume>83</volume>
<numero>328</numero>
<fpage>158</fpage>
<lpage>177</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S0185-16672024000200158&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S0185-16672024000200158&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S0185-16672024000200158&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[ABSTRACT A Classical theoretical model of temporary disequilibrium in a pure cash monetary system is formulated, in which each capitalist aims to maximize accumulation in her/his own sector, and prices and allocations are determined by the Cantillon rule. The dynamics generated by this economy are those of a sequence of temporary disequilibria, which are shown to be locally and globally unstable. Thus, government intervention is justified to avoid an economic crisis. The paper concludes by recommending an extension of the model considering alternative monetary systems.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[RESUMEN Se formula un modelo de desequilibrio temporal de inspiración teórica clásica para una economía monetaria de efectivo puro, en la que cada capitalista intenta maximizar la acumulación en su propia rama productiva, y los precios y las asignaciones se determinan mediante la regla Cantillon. Se muestra que la dinámica generada por esta economía es la de una secuencia de desequilibrios temporales que es local y globalmente inestable. Por lo que se justifica la intervención gubernamental para evitar una crisis económica. El artículo concluye recomendando extender el modelo asumiendo sistemas monetarios alternativos.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Temporary disequilibrium]]></kwd>
<kwd lng="en"><![CDATA[money]]></kwd>
<kwd lng="en"><![CDATA[pure cash economy]]></kwd>
<kwd lng="es"><![CDATA[desequilibrio temporal]]></kwd>
<kwd lng="es"><![CDATA[dinero]]></kwd>
<kwd lng="es"><![CDATA[economía de efectivo puro]]></kwd>
</kwd-group>
</article-meta>
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