Usted está aquí

Back to top

Financial Frictions and Optimal Monetary Policy in a Small Open Economy

Jesús Antonio
Bejarano-Rojas
Luisa F.
Charry
Sábado, 1 Noviembre 2014

In this paper we set up a small open economy model with financial frictions, following Curdia and Woodford (2010)’s model. Unlike other results in the literature such as Curdia and Woodford (2010), McCulley and Ramin (2008) and Taylor (2008), we find that