A dynamic stochastic general equilibrium model estimated for the Costa Rica economy (2006-2014)

Authors

DOI:

https://doi.org/10.15359/eys.21-50.2

Keywords:

Inflation Targeting, Finacial Sector, Bayesian Estimation

Abstract

This paper presents a specification and estimation of a dynamic stochastic general equilibrium model (DSGE), i.e. Bayesian methods that overcome the criticism by Lucas (1976), Sims (1980), and Learmer (1991). In addition, monetary policy simulations are conducted.

Author Biography

Marco Vinicio Valerio Berrocal, Instituto de Desarrollo Rural, Costa Rica.

Licenciado en Economía, Universidad  Nacional de Costa Rica.

References

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Published

10/25/2016

How to Cite

A dynamic stochastic general equilibrium model estimated for the Costa Rica economy (2006-2014). (2016). Economía Y Sociedad, 21(50), 1-33. https://doi.org/10.15359/eys.21-50.2

Issue

Section

Articles (Arbitrated section)

How to Cite

A dynamic stochastic general equilibrium model estimated for the Costa Rica economy (2006-2014). (2016). Economía Y Sociedad, 21(50), 1-33. https://doi.org/10.15359/eys.21-50.2

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