Borradores de Economia
Número:
818
Publicado:
Clasificación JEL:
E02, E32, E42, E43, E52, E58, E61, F31, F33, F42
Palabras clave:
Inflation Targeting, Monetary policy, Exchange Rate, Taylor rule
Lo más reciente
Pedro Pablo Calderon-Camacho, Celina Gaitán-Maldonado, Nicolle Valentina Herrera-Pinto, Mario A. Ramos-Veloza
Franky Juliano Galeano-Ramírez, Nicolás Martínez-Cortés, Hernán Dario Perdomo-Sánchez, Marlon Salazar
Catalina Granda-Carvajal, Jesús Enrique Morales-Piñero
After decades using monetary aggregates as the main instrument of monetary policy and having different varieties of crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as the nominal