Output Fluctuations and Monetary Shocks : Evidence From Colombia /

Using annual data for Colombia over the last thirty years and a new battery of econometric techniques, we test opposing theories that explain macroeconomic fluctuations: The neoclassical synthesis, which posits that, in the presence of temporary price rigidity, an unanticipated monetary expansion pr...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Reinhart, Vincent
Weitere Verfasser: Reinhart, Carmen
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 1991.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 1991/035
Online Zugang:Full text available on IMF