The monetary transmission mechanism in Chile: a medium-sized macroeconometric model

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dc.contributor.authorGarcía T., Carlos
dc.contributor.authorGarcía Silva, Pablo
dc.contributor.authorMagendzo W., Igal, 1970-
dc.contributor.authorRestrepo L., Jorge E.
dc.coverage.spatialCHILEes_ES
dc.date.accessioned2019-11-01T00:02:46Z
dc.date.available2019-11-01T00:02:46Z
dc.date.issued2005
dc.descriptionThe objective in building and specifying macroeconomic models is to reflect the main characteristics of an economy in a stylized way. This article describes a macroeconometric model for the Chilean economy. The aim of the model is to forecast the main macroeconomic variables, along with policy exercises and simulations. The different model equations describe both short-term movements within the economy and the long-term equilibrium. It is in this latter sense that the model can be described as structural. The main area interest in this kind of model involves the different dynamics of the variables, which can provide insight, for example, on the lags and magnitude of monetary policy transmission mechanisms.
dc.file.nameBCCh-sbc-v09-p057_112
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 57-112
dc.identifier.isbn956-7421-21-8
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3694
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 9
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectPOLÍTICA MONETARIAes_ES
dc.subjectMACROECONOMÍAes_ES
dc.subjectPRONÓSTICO DE LA ECONOMÍAes_ES
dc.titleThe monetary transmission mechanism in Chile: a medium-sized macroeconometric model
dc.type.docArtículo

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