Since the publication of Keynes' "General Theory of Employment, Interest, and Money" in 1936 many new ideas and solution concepts for macroeconomic problems emerged, disappeared, and were combined in order to appropriately describe macroeconomic phenomena. Nowadays, New Keynesian frameworks are...

Este estudio empirico emplea las tecnicas ARMA univariantes, utilizadas en Estados Unidos y Holanda, para modelar los multiplicadores monetarios de tres economias andinas. Las simulaciones dinamicas que se obtienen a partir de las ecuaciones se comparan con predicciones aleatorias de los...