Número:
573
Publicado:
Clasificación JEL:
B15, E31, E58
Palabras clave:
Central bank, independece, structural break, Colombia

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Camilo Gómez, Mariana Escobar-Villarraga, Ligia Alba Melo-Becerra, Hector Manuel Zárate-Solano
Luis Fernando Melo-Velandia, José Vicente Romero-Chamorro, Diego Niño-Garavito
This paper explores the relationship between central bank independence and inflation in Latin America, using as a case study the experience of Colombia (1923-2008). Since its creation, in 1923, Colombia?s central bank has undergone several reforms that ha