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Inflation Targeting in Colombia, 2002-2012

Franz Alonso
Hamann-Salcedo
Marc
Hofstetter
Miguel
Urrutia-Montoya
Jueves, 1 Mayo 2014

After decades using monetary aggregates as the main instrument of monetary policy and having different varieties of crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as the nominal