The Monetary Policy Rule During The Transition To A Stable Level Of Inflation: The Case Of Colombia

Borradores de Economia
Número: 
404
Publicado: 
Clasificación JEL: 
E52, E58, E43
Palabras clave: 
Monetary policy, Inflation Targeting, Monetary Rule.

Lo más reciente

Juliana Jaramillo-Echeverri, Andrea Sofía Otero-Cortés, Ana María Tribín-Uribe, Juanita Villaveces
Miguel Sarmiento, John Sebastian Tobar-Cruz, Andrés Esteban Casas-Fajardo, Eduardo Yanquen-Briñez
Jaime Alfredo Bonet-Moron, Jaime Andrés Collazos-Rodríguez, Karen Astrid Rubio-Ramírez, Adolfo Ramírez-Moreno, Andrés Felipe Parra-Solano

During the transition from a moderately high level of inflation to an internationally accepted level, the target, the inflation rate, the nominal interest rate and the nominal equilibrium interest rate may be difference stationary. Policy rules estimation