Inflation targeting in Colombia, 2002-2012
Borradores de Economía; No. 818
Date published
2014-05-02Date of last update
2014-05-02Document 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
After decades using monetary aggregates as the main instrument of monetary policy and having different varieties of crawling peg exchange rate regimes, Colombia adopted a full-fledged inflation-targeting (IT) regime in 1999, with inflation as the nominal
JEL Codes
F31 - Foreign ExchangeE32 - Business Fluctuations; CyclesE43 - Interest Rates: Determination, Term Structure, and EffectsE02 - Institutions and the MacroeconomyE42 - Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment SystemsE52 - Monetary PolicyE58 - Central Banks and Their PoliciesE61 - Policy Objectives; Policy Designs and Consistency; Policy CoordinationF33 - International Monetary Arrangements and InstitutionsF42 - International Policy Coordination and Transmission
Keywords
URI
https://repositorio.banrep.gov.co/handle/20.500.12134/6105https://hdl.handle.net/20.500.12134/6105
https://doi.org/10.32468/be.818
https://ideas.repec.org/p/bdr/borrec/818.html
https://ideas.repec.org/p/col/000094/011189.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
