Forecasting Food Price Inflation in Developing Countries with Inflation Targeting Regimes: the Colombian Case

Borradores de Economia
Number: 
409
Published: 
Classification JEL: 
C22, E31, Q11
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
Download document

The most recent

The Economic Development of Colombia from the End of the Thousand Days' War to the Great Depression
Juliana Jaramillo-Echeverri, María Teresa Ramírez-Giraldo
Experimenting with Large Language Models for Inflation Forecasting in Colombia
Aarón Levi Garavito-Acosta, Wilmer Martinez-Rivera, Juan J. Ospina-Tejeiro, Edgar Caicedo-García
Evaluating Unemployment Insurance in a Developing Economy: Evidence from Colombia
Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson

Many developing countries are adopting inflation targeting regimes to guide monetary policy decisions. In such countries the share of food in the consumption basket is high and policy makers often employ total inflation (as opposed to core inflation) to s