Effects of Reserve Requirements in an Inflation Targeting Regime: The Case of Colombia

Borradores de Economia
Number: 
587
Published: 
Classification JEL: 
E51, E52, E58, G21
Keywords: 
Reserve requirements, Inflation targeting, Interest rate pass-through

The most recent

Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido

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