Spillovers of US uncertainty shocks to Nicaragua

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dc.contributor.advisorVicondoa Ramos, Alejandro Martín
dc.contributor.advisorAkin, Sumeyra
dc.contributor.advisorGonzález Ramírez, Felipe Andrés
dc.contributor.authorLargaespada Fernández, Rolando Antonio
dc.contributor.otherPontificia Universidad Católica de Chile. Instituto de Economía
dc.date2021-08-18
dc.date.accessioned2021-08-23T14:52:39Z
dc.date.issued2021
dc.date.updated2021-08-16T21:58:07Z
dc.descriptionTesis (Magíster en Economía)--Pontificia Universidad Católica de Chile, 2021
dc.description.abstractGiven that Nicaragua is an economy closely linked to that of the United States, uncertainty shocks in the United States could be relevant and transmitted to the Nicaraguan economy. Thus, this work aims to identify the effects of uncertainty shocks in the US on prices and Nicaraguan economic activity through a VAR model, finding slight decreases in prices and a significant and persistent contraction for economic activity. Then, when conducting a counterfactual analysis on potential transmission mechanisms, the decrease in prices is transmitted through remittances and the evolution of international prices. Meanwhile, credit to the private sector represents an important channel through which the effects are transmitted to economic activity. Thus, policies aimed at mitigating credit frictions can reduce the magnitude of the negative effect on economic activity.
dc.description.version2021-08-18
dc.format.extent35 páginas
dc.fuente.origenAutoarchivo
dc.identifier.doi10.7764/tesisUC/ECO/61946
dc.identifier.urihttps://doi.org/10.7764/tesisUC/ECO/61946
dc.identifier.urihttps://repositorio.uc.cl/handle/11534/61946
dc.information.autorucInstituto de Economía ; Vicondoa Ramos, Alejandro Martín ; 0000-0001-9088-3588 ; 1058805
dc.information.autorucInstituto de Economía ; Akin, Sumeyra ; S/I ; 1156045
dc.information.autorucInstituto de Economía ; González Ramírez, Felipe Andrés ; S/I ; 148709
dc.information.autorucInstituto de Economía ; Largaespada Fernández, Rolando Antonio ; S/I ; 1102632
dc.language.isoen
dc.nota.accesoContenido completo
dc.rightsacceso abierto
dc.subject.ddc330.97285
dc.subject.deweyEconomíaes_ES
dc.subject.otherNicaragua - Condiciones económicases_ES
dc.subject.otherEstados Unidos - Condiciones económicases_ES
dc.titleSpillovers of US uncertainty shocks to Nicaraguaes_ES
dc.typetesis de maestría
sipa.codpersvinculados1058805
sipa.codpersvinculados1156045
sipa.codpersvinculados148709
sipa.codpersvinculados1102632
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