Borradores de Economia
Number:
587
Published:
Authors:
Carlos Varela, 
Classification JEL:
E51, E52, E58, G21
Keywords:
Reserve requirements, Inflation targeting, Interest rate pass-through
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The Colombian economy and financial system have coped reasonably well with the effects of the global financial crisis. Hence, "unconventional" policy measures have not been at the center of the policy decisions and discussions. Nominal short term interest