Non-Conventional Monetary Policy: The Case of Bolivia

<p>In this paper, we quantify the role of non-conventional monetary policy for Bolivia. The results suggest that changes in the real assets of the central bank show differentiated effects: contractive policy has more negative and significant effects on the real business cycle, in contrast to i...

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Bibliographic Details
Main Authors: Roger Alejandro Banegas Rivero, Marco Alberto Núñez Ramírez, Sacnicté Valdez del Río
Format: Article
Language:English
Published: EconJournals 2018-05-01
Series:International Journal of Economics and Financial Issues
Online Access:https://www.econjournals.com/index.php/ijefi/article/view/6212