Un modelo DSGE-VAR para la evaluación de reglas fiscales en el Perú
, 2017 Esta investigación evalúa el desempeño de las reglas fiscales para el Perú utilizando un modelo DSGE para una economía pequeña y abierta. Así, tomando como referencia el trabajo desarrollado por Córdova y Rojas (2010) se estima un modelo DSGE y un DSGE-VAR con datos trimestrales del periodo 1994-2015 y se evalúan reglas fiscales convencionales y ...
Pando Caciano, Luciana María +1 more
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Financial Instability and Credit Constraint: Evidence from the Cost of Bank Financing [PDF]
This paper examines the relation between the degree of firms’ financial constraint and the observed rise in the cost of bank financing during the global financial crisis of 2008.
Bruno S. Martins
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Fundamental Economic Shocks and The Macroeconomy [PDF]
Recently there has been renewed interest in assessing economic models in the context of specific, empirically identified economic shocks. Typically, these shocks are identified one-at-a-time, ignoring potential correlations across shocks, or are ...
Charles L. Evans, David A. Marshall
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Estimation of Economic Capital Concerning Operational Risk in a Brazilian Banking Industry Case [PDF]
The advance of globalization of the international financial market has implied a more complex portfolio risk for the banks. Furthermore, several points such as the growth of e-banking and the increase in accounting irregularities call attention to ...
Délio José Cordeiro Galvão +2 more
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What Drives the Current Account in Commodity-Exporting Countries? The Cases of Chile and New Zealand [PDF]
This paper uses a DSGE model to explore what factors explain current account developments in Chile and New Zealand, two small open economies that are intensive commodity exporters.
Anella Munro +2 more
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Pessimistic Foreign Investors and Turmoil in Emerging Markets: the case of Brazil in 2002 [PDF]
Using survey data, we document that foreign-owned institutions became more pessimistic than locally owned institutions about the strength of the Brazilian currency around the 2002 presidential elections.
Emanuel Kohlscheen, Sandro C. Andrade
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The Natural Rate of Unemployment in Brazil, Chile, Colombia and Venezuela: some results and challenges [PDF]
This paper summarises the research results obtained by the group of central banks (Brazil, Chile, Colombia and Venezuela) that joined the research program on the Natural Rate of Unemployment – under the coordination of the Central Bank of Brazil – within
Tito Nícias Teixeira da Silva Filho
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Stop and go : distribución del ingreso y política comercial en un modelo DSGE estructuralista
, 2020 Fil: Nakab, Alejandro. Universidad de San Andrés. Departamento de Ciencias Sociales; Argentina.
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Un modelo de equilibrio general con dolarización para la economía peruana [PDF]
En este documento se desarrolla un modelo de equilibrio general dinámico y estocástico calibrado para la economía peruana que puede ser usado para el diseño y análisis de política monetaria. El modelo incluye una segunda moneda que reemplaza parcialmente
Castillo, Paul +2 more
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