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Interaction of Economic Policy. Lessons on Social Welfare and Risk Premium

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  • Roger Alejandro Banegas Rivero
  • Marco Alberto Nunez Ramirez
  • Sacnicte Valdez Del Rio

Abstract

The Purpose of this paper is to quantify the impacts on social welfare and risk premium, by combination and alternatives to interactions of economic policy: fiscal-monetary, fiscal-exchange and monetary for the Bolivian case. There are also considered unidirectional economic policies with counterfac-tual analysis without interaction. The estimates are presented by a Dynamic Stochastic General Equilibrium (DSGE) model with the incorporation of Bayesian structural autoregressive vectors (SVAR).

Suggested Citation

  • Roger Alejandro Banegas Rivero & Marco Alberto Nunez Ramirez & Sacnicte Valdez Del Rio, 2021. "Interaction of Economic Policy. Lessons on Social Welfare and Risk Premium," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 17(1), pages 7-29.
    • Handle: RePEc:mje:mjejnl:v:17:y:2021:i:1:7-29
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