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
Jhorland Ayala-García, Yesica Tatiana Lara-Silva, Alejandro Alberto Vargas-Villamil, Lina Romero-Chaparro
Jesús Alonso Botero-García, Ligia Alba Melo-Becerra, Cristian Castrillón Gaviria, Daniela Gallo
Hernando Vargas-Herrera
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