Some evidence of smooth transition nonlinearity in Colombian inflation

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Borradores de Economía; No. 105
Date published
1998-09-16
Date of last update
1998-09-16
Author
Arango-Thomas, Luis Eduardo
González-Gómez, Andrés
Document language
spa
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Las 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.
Abstract
Evidence of smooth transition autoregressive (STAR) representations is found in two, out of three, time series of different measures of annual inflation in Colombia during this decade for monthly data. The STAR-type nonlinearities are asymmetric for infla
JEL Codes
E52 - Monetary PolicyC22 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion processesC51 - Model Construction and EstimationE31 - Price Level; Inflation; Deflation
Keywords
Nonlinearity ; Colombian ; Inflation ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5123
https://hdl.handle.net/20.500.12134/5123
https://doi.org/10.32468/be.105
https://ideas.repec.org/p/bdr/borrec/105.html
https://ideas.repec.org/p/col/000094/003515.html
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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