{"id":13323,"date":"2018-12-07T16:00:12","date_gmt":"2018-12-07T20:00:12","guid":{"rendered":"https:\/\/www.inesad.edu.bo\/2018\/12\/07\/fluctuaciones-ciclicas-y-cambios-de-regimen-en-la-economia-boliviana-un-analisis-estructural-a-partir-de-un-modelo-dsge\/"},"modified":"2018-12-07T16:00:12","modified_gmt":"2018-12-07T20:00:12","slug":"fluctuaciones-ciclicas-y-cambios-de-regimen-en-la-economia-boliviana-un-analisis-estructural-a-partir-de-un-modelo-dsge","status":"publish","type":"post","link":"https:\/\/www.inesad.edu.bo\/en\/2018\/12\/07\/fluctuaciones-ciclicas-y-cambios-de-regimen-en-la-economia-boliviana-un-analisis-estructural-a-partir-de-un-modelo-dsge\/","title":{"rendered":"Fluctuaciones C\u00edclicas y Cambios de R\u00e9gimen en la Econom\u00eda Boliviana: Un An\u00e1lisis Estructural a partir de un Modelo DSGE"},"content":{"rendered":"

By:<\/p>\n

\u00a0<\/strong>David Zeballos Coria<\/em><\/p>\n

Juan Carlos Heredia G\u00f3mez<\/em><\/p>\n

Paola Yujra Tonconi\u00a0<\/em><\/p>\n

Abstract<\/strong><\/p>\n

The objective of this paper is to evaluate the cyclical behavior of the Bolivian economy based on a Markov-Switching Dynamic General Equilibrium model (MS-DSGE). Using a model for a small open economy, with monetary targeting and foreign-exchange intervention, results of Bayesian estimation provide evidence that some structural parameters of the model, such as the coefficients of the Central Bank’s reaction function, experienced a change of regime in 2000-2017. A similar behavior could also be verified for the volatilities of the structural shocks experienced by the Bolivian economy in that period.<\/p>\n

Key words:<\/strong> Economic fluctuations, DSGE Model, Markov Switching, Bayesian Estimation.<\/p>\n

JEL Classification: <\/strong>E3, E6.<\/p>\n

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Fluctuaciones C\u00edclicas y Cambios de R\u00e9gimen en la Econom\u00eda Boliviana: Un An\u00e1lisis Estructural a partir de un Modelo DSGE<\/a><\/h3>\n
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By: \u00a0David Zeballos Coria Juan Carlos Heredia G\u00f3mez Paola Yujra Tonconi\u00a0 Abstract The objective of this paper is to evaluate the cyclical behavior of the Bolivian economy based on a Markov-Switching Dynamic General Equilibrium model (MS-DSGE). Using a model for a small open economy, with monetary targeting and foreign-exchange intervention, results of Bayesian estimation provide …<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[255,523,45,432],"tags":[],"class_list":["post-13323","post","type-post","status-publish","format-standard","","category-macroeconomia","category-macroeconomics","category-documentos","category-working-papers"],"acf":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9wqBX-3sT","_links":{"self":[{"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/posts\/13323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/comments?post=13323"}],"version-history":[{"count":0,"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/posts\/13323\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/media?parent=13323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/categories?post=13323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inesad.edu.bo\/en\/wp-json\/wp\/v2\/tags?post=13323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}