A historical analysis of Central Bank independence in Latin America: the colombian experience, 1923-2008

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Borradores de Economía; No. 573
Date published
2009-09-18
Date of last update
2009-09-18
Author
Meisel-Roca, Adolfo
Barón-Rivera, Juan David
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 explores the relationship between central bank independence and inflation in Latin America, using as a case study the experience of Colombia (1923-2008). Since its creation, in 1923, Colombia?s central bank has undergone several reforms that ha
JEL Codes
B15 - History of Economic Thought through 1925: Historical; Institutional; EvolutionaryE31 - Price Level; Inflation; DeflationE58 - Central Banks and Their Policies
Keywords
Central bank ; Independece ; Structural break ; Colombia ;
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/5590
https://hdl.handle.net/20.500.12134/5590
https://doi.org/10.32468/be.573
https://ideas.repec.org/p/bdr/borrec/573.html
https://ideas.repec.org/p/col/000094/005788.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