Changes in GDP's measurement error volatility and response of the monetary policy rate : two approaches
dc.coverage.sucursal | Bogotá | spa |
dc.creator | Parra-Polanía, Julián Andrés | |
dc.creator | Vargas-Riaño, Carmiña Ofelia | |
dc.creator.firma | Julian A. Parra-Polania | |
dc.creator.firma | Carmiña O. Vargas | |
dc.date.accessioned | 2014-03-21T08:30:10Z | eng |
dc.date.available | 2014-03-21T08:30:10Z | |
dc.date.created | 2014-03-21 | |
dc.date.issued | 2014-03-21 | |
dc.description.abstract | Using a stylized model in which output is measured with error, we derive the optimal policy response to the demand shock signal and to changes in the measurement error volatility from two different perspectives: the minimization of the expected loss (from | eng |
dc.format.mimetype | spa | |
dc.identifier.handle | https://hdl.handle.net/20.500.12134/6101 | spa |
dc.identifier.uri | https://repositorio.banrep.gov.co/handle/20.500.12134/6101 | |
dc.language.iso | spa | spa |
dc.publisher | Banco de la República | spa |
dc.relation.doi | https://doi.org/10.32468/be.814 | spa |
dc.relation.ispartof | Documentos de Trabajo | spa |
dc.relation.ispartofseries | Borradores de Economía | spa |
dc.relation.isversionof | Borradores de Economía; No. 814 | |
dc.relation.number | Borrador 814 | spa |
dc.relation.repec | https://ideas.repec.org/p/bdr/borrec/814.html | spa |
dc.rights.accessRights | Open Access | eng |
dc.rights.cc | Atribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0 | eng |
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. | spa |
dc.rights.spa | Acceso abierto | spa |
dc.rights.uri | https://creativecommons.org/licenses/by-nc-sa/4.0/ | eng |
dc.source.handleRepec | RePEc:bdr:borrec:814 | spa |
dc.subject.jel | E52 - Monetary Policy | eng |
dc.subject.jel | E58 - Central Banks and Their Policies | eng |
dc.subject.jel | D81 - Criteria for Decision-Making under Risk and Uncertainty | eng |
dc.subject.jelspa | E52 - Política monetaria | spa |
dc.subject.jelspa | D81 - Criterios para la toma de decisiones con riesgo e incertidumbre | spa |
dc.subject.jelspa | E58 - Bancos centrales y sus políticas | spa |
dc.subject.keyword | Prudence | eng |
dc.subject.keyword | Robustness | eng |
dc.subject.keyword | Measurement error | eng |
dc.subject.keyword | Optimal monetary policy | eng |
dc.subject.lemb | Política monetaria | spa |
dc.subject.lemb | Producto interno bruto -- Mediciones | spa |
dc.subject.lemb | Variables económicas | spa |
dc.title | Changes in GDP's measurement error volatility and response of the monetary policy rate : two approaches | spa |
dc.type | Working Paper | eng |
dc.type.hasversion | Published Version | eng |
dc.type.spa | Documentos de trabajo | spa |
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