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

Borradores de Economia
Number: 
587
DOI: 
https://doi.org/10.32468/be.587
Published: 
Authors:
Hernando Vargas-Herrera,
Carlos Varela,
Yanneth Rocío Betancourt-García,
Norberto Rodríguez-Niño
Classification JEL: 
E51, E52, E58, G21
Keywords: 
Reserve requirements, Inflation targeting, Interest rate pass-through
Download document

The most recent

Global risk transmission to local financial conditions and the participation of foreign investors in Emerging Market Economies’ sovereign bond markets: The case of Colombia
Oscar Botero-Ramírez, Andrés Murcia, Hernando Vargas-Herrera
Fertility in Colombia: Recent Trends and Socioeconomic Determinants.
Juliana Jaramillo-Echeverri, Adriana Sofía Rodríguez
Spatial Mobility, Economic Opportunity, and Crime
Gaurav Khanna, Carlos Alberto Medina-Durango, Anant Nyshadham, Daniel Ramos-Menchelli, Jorge Andrés Tamayo-Castaño, Audrey Tiew

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