@techreport{20.500.12134/6160,
author = {Hamann-Salcedo, Franz Alonso},
author = {Bejarano, Jesus},
author = {Rodríguez-Guzmán, Diego Arturo},
year = {2015},
month = {3},
url = {https://repositorio.banrep.gov.co/handle/20.500.12134/6160},
abstract = {The sudden collapse of oil prices poses a challenge to inflation targeting central banks in oil exporting economies. This paper illustrates that challenge and conducts a quantitative assessment of the impact of permanent changes in oil prices in a small a},
publisher = {Banco de la República},
booktitle = {Borradores de Economía},
volume = {Borradores de Economía; No. 871},
title = {Monetary policy implications for an oil-exporting economy of lower long-run international oil prices},
keywords = {Oil prices},
keywords = {Precautionary savings},
keywords = {Monetary policy},
keywords = {Credit},
keywords = {Leverage},
keywords = {Financial accelerator},
keywords = {Colombia},
doi = {https://doi.org/10.32468/be.871},
}