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

Mario Andrés Ramos-Veloza, Sara Naranjo-Saldarriaga, José Pulido
Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez

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