Policy Analysis Tool Applied to Colombian Needs: PATACON Model Description

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 (PATACON). In companion documents we present other aspects of the model and its platform, including the estimation of the parameters that affect the dynamics and the impulse responses functions.

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Authors:	González, Andrés ; Mahadeva, Lavan ; Prada, Juan D. ; Rodríguez, Diego
Institutions:	Banco de la Republica de Colombia
Subject:	Monetary Policy \| DSGE \| Small open economy

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Extent:	application/pdf
Series:	Borradores de Economia.
Type of publication:	Book / Working Paper
Language:	English
Classification:	E32 - Business Fluctuations; Cycles ; E52 - Monetary Policy (Targets, Instruments, and Effects) ; F41 - Open Economy Macroeconomics
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009021427