Bejarano, Jesús Antonio; Rodriguez-Novoa, Daniela - In: Latin American journal of central banking : LAJCB 6 (2025) 3, pp. 1-24
, such as potential output, natural interest rate, inflation, and real exchange rate. The results suggest a gradual decline … in potential output attributable to climate change, leading to increased production costs. Regarding the short term, the …