<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>2448-6655</journal-id>
<journal-title><![CDATA[Análisis económico]]></journal-title>
<abbrev-journal-title><![CDATA[Anál. econ.]]></abbrev-journal-title>
<issn>2448-6655</issn>
<publisher>
<publisher-name><![CDATA[Universidad Autónoma Metropolitana, Unidad Azcapotzalco, División de Ciencias Sociales y Humanidades]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2448-66552017000300005</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Un análisis dinámico de los impulsos de oferta y demanda en Puerto Rico y la política monetaria de Estados Unidos utilizando la descomposición estructural Blanchard-Quah]]></article-title>
<article-title xml:lang="en"><![CDATA[A dynamic analysis of the supply and demand impulses in Puerto Rico and the monetary policy of United States using the structural decomposition Blanchard-Quah]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Rodríguez]]></surname>
<given-names><![CDATA[Carlos A.]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Puerto Rico  ]]></institution>
<addr-line><![CDATA[Río Piedras ]]></addr-line>
<country>Puerto Rico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<volume>32</volume>
<numero>81</numero>
<fpage>5</fpage>
<lpage>30</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S2448-66552017000300005&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S2448-66552017000300005&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S2448-66552017000300005&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Mediante la descomposición estructural desarrollada por Blanchard y Quah (1989), este trabajo investiga cómo los impulsos de oferta y demanda locales y la política monetaria de Estados Unidos afectan la evolución de variables económicas como la tasa de desempleo y la inflación. Las variables a utilizar surgen del desarrollo de un modelo teórico que incorpora aspectos de las particularidades de la economía de Puerto Rico con la teoría económica. De acuerdo a los resultados, los choques de oferta y demanda tienen efectos transitorios, sin embargo, los impulsos de la política monetaria permanecen persistentes. Aspectos relacionados a los efectos regionales y sectoriales de la política monetaria, así como la forma en que está constituido el sistema económico, los alcances de la política fiscal y el uso de reglas monetarias, son aspectos relevantes a la hora de analizar la evidencia empírica y representan una contribución al examinar los efectos de la política monetaria estadounidense sobre regiones y territorios no incorporados.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract Through the structural decomposition developed by Blanchard and Quah (1989), this paper investigates how the local supply and demand impulses and the monetary policy of the United States affect the evolution of economic variables such as the unemployment rate and inflation. The variables to be used arise from the development of a theoretical model that incorporates aspects of the particularities of the economy of Puerto Rico with the economic theory. According to the results the shocks of supply and demand have transitory effects, however, the effects of monetary policy remain persistent. Aspects related to the regional and sectorial effects of monetary policy, as well as the way in which the economic system is constituted, the scope of fiscal policy and the use of monetary rules are relevant aspects when analyzing empirical evidence and also represent a contribution in examining the effects of US monetary policy on unincorporated regions and territories.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Política monetaria]]></kwd>
<kwd lng="es"><![CDATA[econometría de series de tiempo]]></kwd>
<kwd lng="es"><![CDATA[descomposición estructural]]></kwd>
<kwd lng="es"><![CDATA[economía de Puerto Rico]]></kwd>
<kwd lng="es"><![CDATA[macroeconometría]]></kwd>
<kwd lng="en"><![CDATA[Monetary Policy]]></kwd>
<kwd lng="en"><![CDATA[Time Series Econometrics]]></kwd>
<kwd lng="en"><![CDATA[Structural Decomposition]]></kwd>
<kwd lng="en"><![CDATA[Puerto Rican Economy]]></kwd>
<kwd lng="en"><![CDATA[macroeconometrics]]></kwd>
</kwd-group>
</article-meta>
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