Advanced Search
MyIDEAS: Login

Usando información adicional en la estimación de la brecha producto en el Perú: una aproximación multivariada de componentes no observados

Contents:

Author Info

  • Gonzalo Llosa

    ()
    (Central Bank of Peru)

  • Shirley Miller

    ()
    (Central Bank of Peru)

Abstract

Uno de los elementos claves para el régimen de metas de inflación es la correcta identificación de las presiones inflacionarias y deflacionarias a través de la brecha producto. En este trabajo brindamos una estimación de la brecha producto para la economía peruana utilizando un modelo multivariado de componentes no observados (MUC), el cual se basa en una relación explícita de corto plazo entre la inflación y la brecha producto (Curva de Phillips) y restricciones estructurales sobre la dinámica del producto. Los resultados muestran que el estimado MUC de la brecha producto es menos sensible al problema de fin de muestra y exhibe una dinámica más cercana al proceso de inflación que las brechas estimadas a partir de metodologías estándares.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.bcrp.gob.pe/docs/Publicaciones/Documentos-de-Trabajo/2005/Documento-Trabajo-04-2005.pdf
File Function: Application/pdf
Download Restriction: no

Bibliographic Info

Paper provided by Banco Central de Reserva del Perú in its series Working Papers with number 2005-0041.

as in new window
Length:
Date of creation: Feb 2005
Date of revision:
Handle: RePEc:rbp:wpaper:2005-0041

Contact details of provider:
Postal: Jr. Miro Quesada 441, Lima
Phone: 427-6250 ext. 3841
Fax: 426-6125
Web page: http://www.bcrp.gob.pe
More information through EDIRC

Related research

Keywords: Brecha producto; Inflación; Modelo de componentes no observados;

Find related papers by JEL classification:

This paper has been announced in the following NEP Reports:

References

No references listed on IDEAS
You can help add them by filling out this form.

Citations

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:rbp:wpaper:2005-0041. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Research Unit).

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.