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
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido
Constanza Martínez-Ventura, Ligia Alba Melo-Becerra
Leonardo Fabio Morales, Juan Chaparro-Cardona, Eleonora Dávalos, Nataly Corredor-Martinez
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