Monetary Policy and Accumulation of Reserves in an Emerging Economy: A DSGE Model for the Colombian Case

This article presents a dynamic stochastic general equilibrium model in which we explicitly include the demand for money, the investment decisions, the role of financial intermediaries and the central bank balance sheet. The model allows the evaluation of the impact of various exogenous shocks on th...

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Pubblicato in:	Revista de Economía del Rosario
Autori principali:	Jesús Botero G, Álvaro Hurtado Rendón, Humberto Franco G., José García Guzmán
Natura:	Artigo
Lingua:	Inglês
Pubblicazione:	Universidad del Rosario 2018
Soggetti:	Economía y Finanzas
Accesso online:	https://www.redalyc.org/articulo.oa?id=509557191004 https://www.redalyc.org/journal/5095/509557191004/ https://www.redalyc.org/journal/5095/509557191004/html/ https://www.redalyc.org/journal/5095/509557191004/509557191004.epub https://www.redalyc.org/journal/5095/509557191004/movil https://doi.org/10.12804/revistas.urosario.edu.co/economia/a.6802
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