Output gap in Colombia: an eclectic approach
Borradores de Economía; No. 327
Date published
2005-02-20Date of last update
2005-02-20Document language
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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
In an economy conducted under an Inflation Targeting regime, the output gap becomes one of the most important variables to guide monetary policy. Defined as the difference between observed and potential or non-inflationary output, the gap is a measure of
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URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5345https://hdl.handle.net/20.500.12134/5345
https://doi.org/10.32468/be.327
https://ideas.repec.org/p/bdr/borrec/327.html
https://ideas.repec.org/p/col/000094/003310.html
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