The monetary policy rule during the transition to a stable level of inflation: the case of Colombia
Borradores de Economía; No. 404
Date published
2006-09-18Date of last update
2006-09-18Document 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
During the transition from a moderately high level of inflation to an internationally accepted level, the target, the inflation rate, the nominal interest rate and the nominal equilibrium interest rate may be difference stationary. Policy rules estimation
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https://repositorio.banrep.gov.co/handle/20.500.12134/5422https://hdl.handle.net/20.500.12134/5422
https://doi.org/10.32468/be.404
https://ideas.repec.org/p/bdr/borrec/404.html
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