Browsing by Subject "Economía abierta--Perú"
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Cyclical effects of credit conditions in a small open economy: the case of Peru (Capítulo)
(Universidad del Pacífico, 2016-04)In this chapter we extend a new Keynesian open economy model to include a housing market and credit constraints in line with Iacoviello (2005). This setup allows us to study the effect of changes in credit conditions, ...Acceso abierto -
De-dollarization and financial robustness (Capítulo)
(Universidad del Pacífico, 2016-04)We evaluate the implications of financial de-dollarization on the strength of balance sheet effects in a small open economy following an unanticipated shock to the foreign risk-free interest rate. In particular, we extend ...Acceso abierto
