Resumen de Modelos y realidad: Enseñando macroeconomía de los noventa

Jorge Quiroz, Francisco A. Bernasconi, Rómulo A. Chumacero, César L. Revoredo

• This paper provides a basic methodological guide for formulating, solving, and calibrating-simple nonlinear stochastic dynamic macro models. The paper ilustrates the usefulness of the various techniques by means of different numerical exercises applied to the economies of Bolivia, Chile, and Peru.