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 intermediar-ies and the central bank balance sheet. The model allows the evaluation of the impact of various exogenous shocks on t...

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Bibliographic details
Volume: 21
Main Author: Franco G., Humberto
Botero García, Jesús
García Guzmán, José
Hurtado Rendón, Alvaro
Format: Journal Article
Language: English
Place of publication: 2018
published in: Revista de economia del Rosario Vol. 21; no. 2; pp. 309 - 339
Data of publication: 2018
ISSN: 0123-5362
EISSN: 2145-454X
Discipline: Economics
Online Access: Fulltext
Database: Dialnet
Dialnet (Open Access Full Text)
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