@techreport{20.500.12134/5346, author = {Restrepo-Echavarría, Paulina}, year = {2005}, month = {3}, url = {https://repositorio.banrep.gov.co/handle/20.500.12134/5346}, abstract = {Since 1991, inflation in Colombia was reduced from 25% on average to about 6% more recently. Although this performance is in line with a long run inflation target of 3%, some analysts ask whether the Central Bank should continue disinflating. In this pa}, publisher = {Banco de la República}, booktitle = {Borradores de Economía}, volume = {Borradores de Economía; No. 328}, title = {Disinflation costs under inflation targeting in small open economy}, keywords = {Small open economy}, keywords = {Inflation Targeting}, keywords = {Compensation}, keywords = {Colombia}, doi = {https://doi.org/10.32468/be.328}, }