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...

Descripción completa

Detalles Bibliográficos
Autor principal: García, Carlos J.
Formato: Artículo (Article)
Idioma:Desconocido (Unknown)
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2015
Materias:
Acceso en línea:http://repositorio.uahurtado.cl/handle/11242/6706