Policy Analysis Tool Applied to Colombian Needs: PATACON Model Description

Número: 
656
Publicado: 
Clasificación JEL: 
E32, E52, F41
Palabras clave: 
Monetary policy, DSGE, Small open economy

In this document we lay out the microeconomic foundations of a dynamic stochastic general equilibrium model designed to forecast and to advice monetary policy authorities in Colombia. The model is called Policy Analysis Tool Applied to Colombian Needs (PA