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dc.creatorArango-Thomas, Luis Eduardo
dc.creatorChavarro-Sanchez, Ximena
dc.creatorGonzález-Molano, Eliana Rocío
dc.date.created2014-12-22
dc.date.issued2014-12-22
dc.identifier.urihttp://repositorio.banrep.gov.co/handle/20.500.12134/6146
dc.description.abstractA small open macroeconomic model, in which an optimal interest rate rule emerges to drive the inflation behavior, is used to model inflation within an inflation targeting framework. This set up is used to estimate the relationship between commodity prices
dc.format.mimetypePDF
dc.language.isospa
dc.publisherBanco de la República
dc.relation.ispartofDocumentos de Trabajo
dc.relation.ispartofseriesBorradores de Economía
dc.relation.isversionofBorradores de Economía; No. 858
dc.rights.accessRightsOpen Access
dc.rights.urihttps://creativecommons.org/licenses/by-nc-sa/4.0/
dc.titleCommodity price shocks and inflation within an optimal monetary policy framework : the case of Colombia
dc.typeWorking Paper
dc.subject.jelE58 - Central Banks and Their Policies
dc.subject.jelE43 - Interest Rates: Determination, Term Structure, and Effects
dc.subject.keywordCommodity prices
dc.subject.keywordInflation-targeting regime
dc.subject.keywordOptimal monetary policy
dc.subject.keywordExpectations
dc.subject.lembModelos macroeconómicos -- Colombia
dc.subject.lembInflación -- Colombia
dc.subject.lembPetróleo -- Precios -- Colombia
dc.subject.lembPrecios de productos básicos -- Colombia
dc.subject.lembPolítica monetaria -- Colombia
dc.type.spaDocumentos de trabajo
dc.rights.spaAcceso abierto
dc.rights.ccAtribucion-NoComercial-CompartirIgual CC BY-NC-SA 4.0
dc.subject.jelspaE58 - Bancos centrales y sus políticas
dc.subject.jelspaE43 - Tipos de interés: determinación, estructura temporal y efectos
dc.type.hasversionPublished Version
dc.coverage.sucursalBogotá
dc.relation.doihttps://doi.org/10.32468/be.858
dc.rights.disclaimerLas opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
dc.relation.numberBorrador 858
dc.relation.repechttps://ideas.repec.org/p/bdr/borrec/858.html
dc.identifier.handlehttp://hdl.handle.net/20.500.12134/6146
dc.creator.firmaLuis E. Arango
dc.source.handleRepecRePEc:bdr:borrec:858


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This work is licensed under a Creative Commons Reconocimiento-NoComercial 4.0.This document has been deposited by the author (s) under the following certificate of deposit