Citas bibligráficas
Pinelo, V., (2022). Impactos sectoriales de la política monetaria en el Perú: evidencia empírica a partir de un modelo FAVAR [Pontificia Universidad Católica del Perú]. http://hdl.handle.net/20.500.12404/23845
Pinelo, V., Impactos sectoriales de la política monetaria en el Perú: evidencia empírica a partir de un modelo FAVAR []. PE: Pontificia Universidad Católica del Perú; 2022. http://hdl.handle.net/20.500.12404/23845
@misc{renati/538095,
title = "Impactos sectoriales de la política monetaria en el Perú: evidencia empírica a partir de un modelo FAVAR",
author = "Pinelo Merino, Vanessa Valentina",
publisher = "Pontificia Universidad Católica del Perú",
year = "2022"
}
This document quantifies the sectoral impact of monetary policy in Peru using an autoregressive vector model with increased factors (FAVAR) for the period 2003-2018 along with a broad set of variables. This methodology allows incorporating a greater number of variables and evaluating the impact of monetary policy shock on each of them. The results of the present work expand the set of information available to monetary policymakers, allowing them to make appropriate decisions for the economy. The results show that there is a differentiated effect of monetary policy on the different sectors of the economy in magnitude and time horizon, with electricity and water, manufacturing, and trade being the sectors most sensitive to monetary policy shocks. Additionally, it is found that monetary policy manages to impact relevant variables such as GDP since it is observed that GDP is reduced by an increase in the policy rate.
Este ítem está sujeto a una licencia Creative Commons Licencia Creative Commons