Disinflation costs under inflation targeting in small open economy
Borradores de Economía; No. 328
Date published
2005-03-18Date of last update
2005-03-18Document 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
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
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https://repositorio.banrep.gov.co/handle/20.500.12134/5346https://hdl.handle.net/20.500.12134/5346
https://doi.org/10.32468/be.328
https://ideas.repec.org/p/bdr/borrec/328.html
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