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, called Policy Analysis Tool Applied to Colombian Needs (PATACON), designed as a forecast tool and as a guide to advise monetarypolicy authorities in Colombia. In companion documents we present other aspects of the model, including the estimation of the parameters that affect dynamics and impulse response functions.

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Year of publication:	2011
Authors:	González, Andrés ; Mahadeva, Lavan ; Prada, Juan D. ; Rodríguez, Diego
Published in:	ENSAYOS SOBRE POLÍTICA ECONÓMICA. - BANCO DE LA REPÚBLICA - ESPE. - 2011
Publisher:	BANCO DE LA REPÚBLICA - ESPE
Subject:	Monetary policy \| DSGE \| small open economy

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Type of publication:	Article
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/10010774624