Output gap and neutral interest measures for Colombia

In this paper two new measures of the Colombian output gap and the real neutral interest rate are proposed. Instead of relying only on statistical filters, the proposed measures use semi-structural New-Keynesian models, adapted for a small open economy. T

Detalles Bibliográficos
Autores Principales: González-Gómez, Andrés, Ocampo-Díaz, Sergio, Pérez-Amaya, Julián Mauricio, Rodríguez-Guzmán, Diego Arturo
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2012
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5770