Does the spot curve contain information on future monetary policy in Colombia?

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Borradores de Economía; No. 463
Date published
2007-11-10
Date of last update
2007-11-10
Author
Julio-Román, Juan Manuel
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
In order to asses the credibility of their targets and policies, inflation targeting central banks always keep an eye on market expectations of the future inflation rates and short maturity interest rates. In economies with developed financial markets the
JEL Codes
E43 - Interest Rates: Determination, Term Structure, and EffectsE52 - Monetary PolicyE44 - Financial Markets and the Macroeconomy
Keywords
Market expectations of future monetary policy ; Expectations hypothesis ; Term structure ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5481
https://hdl.handle.net/20.500.12134/5481
https://doi.org/10.32468/be.463
https://ideas.repec.org/p/bdr/borrec/463.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