Castillo, Paul; Montoro, Carlos; Tuesta, Vicente - Banco Central de Reserva del Perú - 2009
can be useful for the design and analysis of monetary policy. The model includes a second currency that replaces partially … Peruvian economy. Moreover, we show how dollarization reduces the power of monetary policy to affect output and increase the …nd Monetary Policy Research Workshop in Latin America
and the Caribbean� organizado por el Banco Central de Reserva del …