dc.creator	Hamann-Salcedo, Franz Alonso
dc.date.created	2002-12-20
dc.date.issued	2002-12-20
dc.identifier.uri	https://repositorio.banrep.gov.co/handle/20.500.12134/5244
dc.description.abstract	This paper investigates the effect of sovereign risk on the stochastic rational expectations equilibrium of a real business cycle small open economy. The market is imperfect because the sovereign cannot commit to repay its outstanding debt and chooses to
dc.format.mimetype	PDF
dc.language.iso	spa
dc.publisher	Banco de la República
dc.relation.ispartof	Documentos de Trabajo
dc.relation.ispartofseries	Borradores de Economía
dc.relation.isversionof	Borradores de Economía; No. 226
dc.rights.accessRights	Open Access
dc.rights.uri	https://creativecommons.org/licenses/by-nc-sa/4.0/
dc.title	Sovereign risk and real business cycles in a small open economy
dc.type	Working Paper
dc.subject.jel	E58 - Central Banks and Their Policies
dc.subject.jel	E52 - Monetary Policy
dc.subject.jel	E31 - Price Level; Inflation; Deflation
dc.subject.keyword	Economy macroeconomic
dc.subject.lemb	Ciclos económicos
dc.subject.lemb	Mercados emergentes
dc.subject.lemb	Riesgo país
dc.subject.lemb	Riesgo (Economía)
dc.type.spa	Documentos de trabajo
dc.rights.spa	Acceso abierto
dc.rights.cc	Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspa	E58 - Bancos centrales y sus políticas
dc.subject.jelspa	E31 - Nivel de precios; Inflación; Deflación
dc.subject.jelspa	E52 - Política monetaria
dc.type.hasversion	Published Version
dc.coverage.sucursal	Bogotá
dc.relation.doi	https://doi.org/10.32468/be.226
dc.rights.disclaimer	Las 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.repec	https://ideas.repec.org/p/bdr/borrec/226.html
dc.identifier.handle	https://hdl.handle.net/20.500.12134/5244
dc.creator.firma	Franz Hamann
dc.source.handleRepec	RePEc:bdr:borrec:226

Sovereign risk and real business cycles in a small open economy

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