Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/238348
Authors: 
Fernández, Roque B.
Year of Publication: 
2020
Series/Report no.: 
Serie Documentos de Trabajo No. 723
Publisher: 
Universidad del Centro de Estudios Macroeconómicos de Argentina (UCEMA), Buenos Aires
Abstract: 
A DSGE (Dynamic Stochastic General Equilibrium) model is used to report the empirical behavior of the Argentine economy during the administration of the Cambiemos government coalition. Two main aspects have been taken into account: on the one hand, the debate on the economic policy of the 2016-2019 period, and on the other hand the requirement of microeconomic foundations that support the debate and the empirical results. Two alternative macro models are estimated obtaining statistically significant parameters to illuminate confusing aspects of the policy debate, and to help future research on modeling Argentina macro dynamics. The empirical results obtained for Argentina indicate that the small open economy models used in the state-space specification can also be useful for modeling other small open economies that suffer from Fiscal Dominance.
Document Type: 
Working Paper

Files in This Item:
File
Size
1.49 MB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.