Rationale behind the responses of monetary policy to the real exchange rate in small open economies
We estimate how monetary policy works in small open economies. To do so, we build a dynamic stochastic general equilibrium model that incorporates the basic features of these economies. We conclude that the monetary policy in a group of small open economies (including Australia, Chile, Colombia, Per...
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| Formato: | Artículo (Article) |
| Idioma: | Desconocido (Unknown) |
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Universidad Alberto Hurtado. Facultad de Economía y Negocios
2015
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| Acceso en línea: | http://repositorio.uahurtado.cl/handle/11242/6706 |