Fluctuaciones del producto y choques monetarios: evidencia colombiana

Reinhart, Carmen and Reinhart, Vincent (1991): Fluctuaciones del producto y choques monetarios: evidencia colombiana. Published in: Ensayos Sobre Politica Economica , Vol. 20, (December 1991): pp. 53-86.

Abstract

Usando los datos anuales para Colombia durante los 30 años pasados, probamos las teorías de oposición que explican fluctuaciones macroeconómicas: la síntesis neoclásica, que postula eso en presencia de rigidez temporal del precio una extensión monetaria inesperada produce los aumentos de la salida que erosionan en un cierto plazo con aumentos en el nivel de precios; y una explicación alternativa, que se centra en " real" los choques tecnológicos o de la preferencia como las fuentes de salida cambian. Los coeficientes de este sistema se utilizan para examinar neutralidad duradera de cantidades nominales con respecto a los movimientos permanentes en la acción de dinero y la sensibilidad a corto plazo de la salida a inflación.

• Item Type: MPRA Paper
• English Title: Output Fluctuations and Monetary Shocks: Evidence from Colombia
• Language: Spanish
• Keywords: inflacion tipo de cambio producto politica monetaria
• Subjects: E - Macroeconomics and Monetary Economics > E5 - Monetary Policy, Central Banking, and the Supply of Money and Credit; E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates; E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles

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