Política monetaria – CIDE

Political Cycles in Latin America: More Evidence on the Brazilian Economy | LAER 30

Jueves, 04 noviembre 2021

This paper aims to shed additional light on the existence of opportunistic and partisan political-business cycles in the Brazilian economy over the 1996-2016 period. To that end, it relies on two different approaches: (I) an Oaxaca model in the spirit of Blinder and Watson (2016); and (II) a DSGE model where fiscal and monetary policies

Published in Revistas CIDE

Tagged under: Ciclos Políticos, LAER, Latin American Economic Review, Modelo de Equilibrio General Dinámico Estocástico, Modelo de Oaxaca, Política fiscal, Política monetaria

Interest rate pass-through in the Dominican Republic

Miércoles, 05 abril 2017

A well-functioning monetary transmission mechanism is critical for monetary policy. As the Dominican Republic recently adopted an inflation targeting regime, it is even more relevant to guarantee that changes in the monetary policy rates are quickly and fully reflected in retail rates, to eventually influence aggregate demand and inflation. This paper written by Francesco Grigoli

Published in Revistas CIDE

Tagged under: Ajuste financiero, inflación, Latin American Economic Review, Política monetaria, República Dominicana, Tarifas minoristas, Tasas de inflación, Tasas de interés, Tasas de política monetaria, Tasas minoristas, Transmisión monetaria