Borradores de Economia
Número:
431
Publicado:
Clasificación JEL:
E42, E44, E52, E66
Palabras clave:
Monetary Transmission Mechanisms, Inflation Targeting, Colombian Economy
Lo más reciente
María José Roa-García, Gloria Amparo Alonso Masmela, Nidia García Bohórquez, Diego A. Rodríguez-Pinilla
José Vicente Romero-Chamorro, Hernando Vargas-Herrera
Juan Camilo Medellín-Martínez, Sergio Restrepo Ángel
The Colombian economy experienced several shocks in the past ten years. The permanent fall of inflation, the adoption of inflation targeting (IT) and a financial crisis altered the transmission mechanism of monetary policy. Low inflation and IT reduced in