Now showing items 1-1 of 1
Why Does Monetary Policy Respond to the Real Exchange Rate in Small Open Economies? A Bayesian Perspective
(Universidad Alberto Hurtado. Facultad de Economía y Negocios, 2012)
To estimate how monetary policy works in small open economies, 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 ...