article
A macroeconometric modelo for the colombian economy
Un modelo Macroeconométrico para la Economía Colombiana.
Autor
Birchenall, Javier
Oviedo, Juan
Institución
Resumen
We analyze a short-term macroeconometric model for the colombian economy, in order to evaluate the impact of the process of adjustment and stabilization. The model is based on a structure with non-neutralities given by sticky prices and it decompose the economy through the aggregated supply and demand. We estimate the model using different methods for the 1997 and 1998 years, with a quarterly frecuency, in order to make one-year and two-year forecasts.