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...

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Bibliografiske detaljer
Hovedforfatter: Reinhart, Vincent
Andre forfattere: Reinhart, Carmen
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1991.
Serier:IMF Working Papers; Working Paper ; No. 1991/035
Online adgang:Full text available on IMF