An Exchange Rate Band in Times Of Turbulence: Colombia 1991-96

Borradores de Economia
Número: 
70
Publicado: 
Clasificación JEL: 
E62, E64
Palabras clave: 
Exchange, Colombia

Lo más reciente

Jhorland Ayala-García, Jaime Bonet-Morón, Eduardo A. Haddad, Inácio F. Araújo
Hans-Erik Edsand, Andrés Aleán-Romero, Jhorland Ayala-García, Tania Jiménez Castilla, Sandra C. Valencia

In the context of a medium term process of real appreciation, linked largely to fiscal policy and capital inflows, Colombia was hit by a political schok and had to deal with expectations of nominal devaluation. This paper discusses three issues. First, t