Journal: | Revista de ciencias sociales (Río Piedras) |
Database: | CLASE |
System number: | 000399151 |
ISSN: | 0034-7817 |
Authors: | Rodríguez, Carlos A1 |
Institutions: | 1Universidad de Puerto Rico, Departamento de Economía, Río Piedras, San Juan. Puerto Rico |
Year: | 2007 |
Number: | 16 |
Pages: | 30-47 |
Country: | Puerto Rico |
Language: | Español |
Document type: | Artículo |
Approach: | Aplicado |
English abstract | This paper examines real accelerator effects of United States monetary policy on the economy of Puerto Rico. According to the specific characteristics of the Puerto Rican system, a near-var model that bases the empirical evidence as far as the relation of the inflationary rate growth and the GNP acceleration rate as indicators of local economic activity, and fed funds rate as a monetary policy measurement is developed. The results indicate that anticipated and non-anticipated United States monetary policy actions precede and affect significantly the GNP acceleration rate in short and long run |
Disciplines: | Sociología, Economía |
Keyword: | Sistemas socioeconómicos, Econometría, Precios, Censos y estadísticas, Política monetaria, Métodos cuantitativos, Puerto Rico |
Document request | |