Macroeconomic stabilization and monetary policy in small open economies
Date
2019-08
Authors
Camara, Santiago
relationships.isContributorOfPublication
Kawamura, Enrique
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad de San Andrés. Departamento de Economía
Abstract
In this paper I analyze the role of monetary policy in nominal stabilization in small
open economies. In particular, I focus on studying the underlying forces that explained
the nominal stabilization several emerging countries exhibited in the second half of the
1990s and the early 2000s. In order to do so, I first estimate several empirical models
using both rolling sample windows and also allowing for time-varying parameters. Secondly,
I interpret the empirical findings estimating a New Keynesian DSGE model with
drifting coe cients and stochastic volatilities.
Description
Fil: Camara, Santiago. Universidad de San Andrés. Departamento de Economía; Argentina.
Keywords
Citation
Camara, S. (2019). Macroeconomic stabilization and monetary policy in small open economies. [Tesis de maestría, Universidad de San Andrés. Departamento de Economía]. Repositorio Digital San Andrés. http://hdl.handle.net/10908/18669