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Author
Duncan, Roberto (2)
Calderón, César (1)Schmidt-Hebbel, Klaus (1)
Subject
CICLOS ECONÓMICOS (1)EQUILIBRIO (ECONOMÍA) (1)POLÍTICA MONETARIA (1)... View More
Date Issued
2005 (1)2003 (1)
Document Type
Artículo (1)Nota de Investigación (1)
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El rol de la credibilidad en el comportamiento cíclico de las políticas macroeconómicas: evidencia para Chile 

Author
Calderón, César; Duncan, Roberto; Schmidt-Hebbel, Klaus
Date
Banco Central de Chile, 2003-12
Subject
POLÍTICA MONETARIA
La literatura empírica, incluso la más reciente, ha sostenido que las políticas monetaria y fiscal en economías emergentes,especialmente en América Latina, son procíclicas, contribuyendo de esta forma a agrandar las fluctuaciones del ciclo económico. Se argumenta tradicionalmente que los países de ...
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How well does a monetary dynamic equilibrium model account for chilean data? 

Author
Duncan, Roberto
Date
Banco Central de Chile, 2005
Subject
EQUILIBRIO (ECONOMÍA); CICLOS ECONÓMICOS
Since Kydland and Prescott published their influential work in 1982, the literature on monetary real business cycle models has proved its ability to account for regularities in the data for developed countries. Few works, however, attempt to do so for emerging Latin American economies. The aim of this ...
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