Valdivia Coria, Joab Dan (2016): “Acelerador financiero, impacto del precio del gas”. Published in:
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Abstract
A general equilibrium model was developed for a small and open economy with financial frictions in order to analyze the effects of monetary policy and fiscal policy in Bolivia on certain variables such as: GDP, Consumption, Investment, interest rates Inflation The results were obtained from cyclical contraction effects of the Taylor rule on inflation. The estimation was made for the time periods 2000 - 2005 and 2006 - 2015 through Bayesian econometrics. A different response is evident in both periods of time, in fiscal spending and the price of natural gas.
Item Type: | MPRA Paper |
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Original Title: | “Acelerador financiero, impacto del precio del gas” |
English Title: | “Financial accelerator, oil price impact " |
Language: | Spanish |
Keywords: | Bayesian estimation, Fiscal Expenditure, Financial Frictions, Dynamic Stochastic General Equilibrium Model (DSGE). |
Subjects: | E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E42 - Monetary Systems ; Standards ; Regimes ; Government and the Monetary System ; Payment Systems E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit > E58 - Central Banks and Their Policies E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy ; Stabilization ; Treasury Policy |
Item ID: | 78784 |
Depositing User: | joab coria Valdivia |
Date Deposited: | 27 Apr 2017 09:47 |
Last Modified: | 26 Sep 2019 12:39 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/78784 |
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