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dc.creatorLópez-Piñeros, Martha Rosalba
dc.date.created2014-08-08
dc.date.issued2014-08-08
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6124
dc.description.abstractIn this paper we expanded the closed economy model by Bernanke and Gertler (1999) in order to account for the macroeconomic effects of an asset price bubble in the context of a small open economy model. During the nineties emerging market economies opened
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 837
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleAsset price bubbles and monetary policy in a small open economy
dc.typeWorking Paper
dc.subject.jelE47 - Money and Interest Rates: Forecasting and Simulation: Models and Application
dc.subject.jelE32 - Business Fluctuations; Cycles
dc.subject.jelR40 - Transportation Economics: General
dc.subject.jelE52 - Monetary Policy
dc.subject.keywordExogenous bubble
dc.subject.keywordMonetary policy
dc.subject.keywordMacroeconomic volatility
dc.subject.keywordDSGE model
dc.subject.lembInflación
dc.subject.lembPolítica monetaria
dc.subject.lembEconomías emergentes
dc.subject.lembPrecios
dc.subject.lembMacroeconomía de una economía abierta
dc.subject.lembModelos de equilibrio general
dc.subject.lembEquilibrio general dinámico estocástico
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaE32 - Fluctuaciones económicas; Ciclos
dc.subject.jelspaE52 - Política monetaria
dc.subject.jelspaR40 - Economía del transporte: Generalidades
dc.subject.jelspaE47 - Dinero y tipos de interés: Predicción y simulación; Modelos y aplicación
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/837.html
dc.relation.dotechttps://ideas.repec.org/p/col/000094/012023.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6124


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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit