Arbeitspapier
Comparative dynamics with fiscal dominance: Empirical evidence from Argentina 2016-2019
A DSGE (Dynamic Stochastic General Equilibrium) model is used to report the empirical behavior of the Argentine economy during the administration of the Cambiemos government coalition. Two main aspects have been taken into account: on the one hand, the debate on the economic policy of the 2016-2019 period, and on the other hand the requirement of microeconomic foundations that support the debate and the empirical results. Two alternative macro models are estimated obtaining statistically significant parameters to illuminate confusing aspects of the policy debate, and to help future research on modeling Argentina macro dynamics. The empirical results obtained for Argentina indicate that the small open economy models used in the state-space specification can also be useful for modeling other small open economies that suffer from Fiscal Dominance.
- Sprache
-
Englisch
- Erschienen in
-
Series: Serie Documentos de Trabajo ; No. 723
- Klassifikation
-
Wirtschaft
- Thema
-
Wirtschaftspolitik
Wirkungsanalyse
Mikrofundierung
DSGE-Modell
Kleine offene Volkswirtschaft
Argentinien
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Fernández, Roque B.
- Ereignis
-
Veröffentlichung
- (wer)
-
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
- (wo)
-
Buenos Aires
- (wann)
-
2020
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Fernández, Roque B.
- Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA)
Entstanden
- 2020
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