External Shocks, Exchange Rate Interventions, and Monetary Policy: An Analysis Based on the MEGA-D Model
By David Florián ; Carlos Montoro
June 2009
Language: Spanish
Abstract
MEGA-D is a model developed by the BCRP for monetary policy analysis. This dynamic general equilibrium macroeconomic model is based on the individual behavior of economic agents to capture the main patterns of the Peruvian economy’s business cycle.