Coordinación de política macrocconómica. Escenarios en la comunidad andina
The Macroeconomic Coordination Model begins with the theory of economic interrelation and includes a inulticountry simulation model, about the restrictions Mundelt Fleming. Principal characteristics 07 model are the following: a) Demand and Supply aggregate are included; b) Consequences of long run...
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| Format: | article |
| Language: | spa |
| Published: |
2003
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| Subjects: | |
| Online Access: | https://estudioseconomicos.bce.fin.ec/index.php/RevistaCE/article/view/231 |
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Add Tag | Summary: | The Macroeconomic Coordination Model begins with the theory of economic interrelation and includes a inulticountry simulation model, about the restrictions Mundelt Fleming. Principal characteristics 07 model are the following: a) Demand and Supply aggregate are included; b) Consequences of long run about debt and capital accumulation are determinate; c) Expectative of bonds, capital stock and exchange rate are incorporated. The model is building over the computable general equilibrium (CGE) process, The empirical information is obtained from Andean Area of year 2000. The objective is reflecting the potential gains in politics coordination with the use of simulation model. The results are analyzed with the Game Theory that compare the cooperative and no cooperative equilibrium in terms of welfare gains. |
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