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Y

C(Yd)

I( r )

X(E, Y*)

EM(E, Yd, Gm)

K ( r-r*)

Y
h
i

0
0
0

L(r, Y, b)
0
0
0

0
0

Coef.:

Y
0.4
-0.9
0

h
0.1
0.25
1

i
0
1
0

Y
h
i

2.5
0
2.25

0
0
1

-0.25
1
-0.475

P*

2.25
1
1.775

0.75
-1
0.925

0.5
0
0.45

-0.5
0
0.55

Y
h
i

X(E, Y*)

EM(E,Yd, Gm)

V. Endgenas
Y:
h :
i:
V. Exgenas
G:
e:
P* :
P:
i* :
e :
:

Valores
Y
h
i
G
e
P*
P
i*
e

G
1
0
1

e
0.2
0
-1

P*
0.2
0
0

P
-0.2
1
0

i*
0
0
1

e
0
0
1

0
0
1

G
1
0
1

e
0.2
0
-1

P*
0.2
0
0

P
-0.2
1
0

i*
0
0
1

e
0
0
1

0
0
1

i*

-0.25
1
-0.475

-0.25
1
-0.475

-0.25
1
-0.475

G
e
P*
P
i*
e

G
e
P*
P
i*
e

G
e
P*
P
i*
e

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