The importance of trade-offs between inflation and output gap stabilization for monetary policy evaluation is well known. Real disturbances in the economy which lead to such trade-offs, however, have not been studied much in the context of monetary policy setting in emerging market and...

The English version of this paper can be found at "http://ssrn.com/abstract=3686212" http://ssrn.com/abstract=3686212.Spanish Abstract: En tiempos del COVID-19, cuando el 'distanciamiento social' surge como una nueva normalidad, conocer los trabajos que se pueden realizar desde casa, es sin...

Post great financial crisis (GFC) of 2008-2009, there has been a surge in the macroeconomics literature on aggregate uncertainty. Although the recent literature has recognized adverse real effects of global uncertainty shocks in EMEs, the role of monetary policy in mitigating these effects is...

La versión española de este artículo se puede encontrar en:http://ssrn.com/abstract=3694243.During unprecedented times like COVID-19, when ‘social distancing’ is a new normal, knowing the jobs that can be performed from home is useful for policymakers and researchers. A most common way to...

The English version of this paper can be found at http://ssrn.com/abstract=3628761Spanish Abstract: El presente estudio estima el shock de oferta de primer orden, producto de la reducción de la oferta de trabajo asociada con las medidas de contención y distanciamiento social tomadas por el...

In discrete choice models the marginal effect of a variable of interest that is interacted with another variable differs from the marginal effect of a variable that is not interacted with any variable. The magnitude of the interaction effect is also not equal to the marginal effect of the...