Since 2014
Un Modelo de Vectores Autorregresivos para el Mercado Financiero Chileno
Economic Analysis Review
View Archive Info| Field | Value | |
| Title |
Un Modelo de Vectores Autorregresivos para el Mercado Financiero Chileno
Un Modelo de Vectores Autorregresivos para el Mercado Financiero Chileno |
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| Creator |
Johnson, Christian
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| Subject |
—
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| Description |
Using various econometric techniques, the paper estimates the impact that interest-rare-based stabilization policy has on asset prices. To this end, vector autoregresive (VAR), as well as cointegration, error correction, and bayesian models (BVAR) were used. The results show that the disequilibria in these markets resulting from diferent shock, disappear only one year after they occur. These findings suggest that there may be some benefits associated to a monetary policy aimed at short run financial market stabilization. This might avoid strong and persistent disequilibria in equity and exchange market.
Un Modelo de Vectores Autorregresivos para el Mercado Financiero Chileno |
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| Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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| Contributor |
—
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| Date |
2010-03-11
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.rae-ear.org/index.php/rae/article/view/232
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| Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 7, No 2 (1992); 141-168
Revista de Análisis Económico – Economic Analysis Review; Vol 7, No 2 (1992); 141-168 0718-8870 0716-5927 |
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| Language |
spa
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| Relation |
http://www.rae-ear.org/index.php/rae/article/view/232/458
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