Number:
308
Published:
Classification JEL:
E31, E2
Keywords:
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
The most recent
Julián Andrés Parra-Polanía, Carmiña Ofelia Vargas-Riaño
Christian Manuel Posso-Suárez, Jorge Tamayo, Arlen Guarín, Estefanía Saravia
This paper presents a dynamic stochastic general equilibrium model of inflation targeting in small open economy. We calibrate the model to the Colombian economy and present the response of some macroeconomic variables to different types of shocks that a