Inflation targeting, reserves accumulation, and exchange rate management in Latin America

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Borradores de Economía; No. 487
Date published
2008-02-10
Date of last update
2008-02-10
Author
Chang, Roberto
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
This paper examines whether central banks in Latin America have implemented conventional inflation targeting (IT) prescriptions, with a focus on foreign exchange intervention and official reserves accumulation policies. To this end, the paper reviews the
JEL Codes
E5 - Monetary Policy, Central Banking, and the Supply of Money and CreditF4 - Macroeconomic Aspects of International Trade and Finance
Keywords
Inflation targeting ; Exchange rate policy ; International reserves ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5504
https://hdl.handle.net/20.500.12134/5504
https://doi.org/10.32468/be.487
https://ideas.repec.org/p/bdr/borrec/487.html
https://ideas.repec.org/p/col/000094/004518.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