Borradores de Economia
Número:
240
Publicado:
Clasificación JEL:
E31
Palabras clave:
Inflation
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Fredy Gamboa-Estrada, Freddy Cepeda-López, Javier Iván Miguélez-Márquez
Fredy Gamboa-Estrada, José Vicente Romero
Fredy Gamboa-Estrada, Diego Cuesta, Camilo Sanchez-Quinto
In a small macroeconomic model of the Colombian economy I investigate the problem of selecting a policy rule that is consistent with inflation targeting. I spell out the characteristics of the optimal feedback and output parameters in the rule, as well as