Policy mix in a small open emerging economy with commodity prices

Policy mix in a small open emerging economy with commodity prices

The article analyzes the interaction between monetary and fiscal policy in Mexico. We calibrated a semi-structural model for a small open economy, based on Aguilar and Ramírez-Bulos (2018), for Mexico by using quarterly data from 2001Q1 to 2019Q4. The fiscal policy block models the fiscal deficit de...

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Bibliographic Details
Main Authors: Marine C. André, Alberto Armijo, Sebastián Medina Espidio, Jamel Sandoval
Format: Article
Language:English
Published: Elsevier 2023-03-01
Series:Latin American Journal of Central Banking
Subjects:
C61
C68
E17
E47
E52
E62
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143822000369

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