Análisis del ciclo económico en una economía con rigideces nominales y un amplio sector informal

Mónica Gómez Ospina

doi:10.1016/S0120-4483(13)70004-6

Análisis del ciclo económico en una economía con rigideces nominales y un amplio sector informal

Translated title of the contribution: Economic cycle analysis in an economy with nominal rigidities and a large casual sector

Mónica Gómez Ospina

urosario

Research output: Contribution to journal › Article › peer-review

1 Scopus citations

Abstract

In this article, a dynamic stochastic general equilibrium model is constructed (with an informal sector and price rigidities, using the using the search and matching. The main aim is to analyze the effect of different types of financial shocks on the main variables of the job market, in an economy with a significant informal sector. The effect of monetary policy is also studied, since the presence of this sector affects the dynamics of the economic cycle, and thus, the transmission mechanisms of the monetary policy.

Translated title of the contribution	Economic cycle analysis in an economy with nominal rigidities and a large casual sector
Original language	Spanish
Pages (from-to)	51-66
Number of pages	16
Journal	Ensayos Sobre Politica Economica
Volume	31
Issue number	72
DOIs	https://doi.org/10.1016/S0120-4483(13)70004-6
State	Published - 2013

All Science Journal Classification (ASJC) codes

Economics and Econometrics
Political Science and International Relations

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This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1016/S0120-4483(13)70004-6

Cite this

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AB - In this article, a dynamic stochastic general equilibrium model is constructed (with an informal sector and price rigidities, using the using the search and matching. The main aim is to analyze the effect of different types of financial shocks on the main variables of the job market, in an economy with a significant informal sector. The effect of monetary policy is also studied, since the presence of this sector affects the dynamics of the economic cycle, and thus, the transmission mechanisms of the monetary policy.

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Análisis del ciclo económico en una economía con rigideces nominales y un amplio sector informal

Abstract

All Science Journal Classification (ASJC) codes

UN SDGs

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