Transmission Mechanisms and Inflation Targeting: The Case of Colombia's Disinflation

Borradores de Economia
Número: 
168
Publicado: 
Clasificación JEL: 
E17, E37, E50, E58
Palabras clave: 
Transmission mechanisms, Inflation Targeting

Lo más reciente

Rocío Clara Alexandra Mora-Quiñones, Antonio José Orozco-Gallo, Dora Alicia Mora-Pérez
Leonardo Fabio Morales, Leonardo Bonilla-Mejía, Didier Hermida-Giraldo, Francisco Javier Lasso-Valderrama, José Pulido

Colombia has been on a steady disinflation path since the early 1990s. The paper presents a model of the transmission mechanisms of monetary policy in Colombia, in order to examine this disinflation. The model is used to describe the evolution of inflatio