Modelos de equilibrio general dinámicos y estocásticos para Colombia 1995 – 2011

This paper shows a chronological survey of dynamic stochastic general equilibrium (DSGE) models from 1995 until 2011 developed to Colombian economy. The DSGE models follows the stream of new neo Keynesian models which includes intertemporal optimization, rational expectations, imperfect competence,...

Full description

Autores:
Rodríguez Revilla, Ramiro
Tipo de recurso:
Fecha de publicación:
2020
Institución:
Universidad EAFIT
Repositorio:
Repositorio EAFIT
Idioma:
spa
OAI Identifier:
oai:repository.eafit.edu.co:10784/15500
Acceso en línea:
http://hdl.handle.net/10784/15500
Palabra clave:
C68
E32
E37
E66
DSGE
modelos de equilibrio general
política monetaria
política fiscal
Rights
License
Copyright (c) 2011 Ramiro Rodríguez Revilla
Description
Summary:This paper shows a chronological survey of dynamic stochastic general equilibrium (DSGE) models from 1995 until 2011 developed to Colombian economy. The DSGE models follows the stream of new neo Keynesian models which includes intertemporal optimization, rational expectations, imperfect competence, adjust prices cost and rigidities; but still it is missing heterogeneity in consumers and bounded rationality. These models are dynamic because all decisions are intertemporal and stochastic due to include perturbations with uncertainty which affect continually to economy. In Colombia almost all these models have been designed to evaluate and forecast monetary policies, issues like fiscal policy, labor market and informality have yet to be fully explored.