Disinflation costs under inflation targeting in small open economy

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Borradores de Economía; No. 328

Date published

2005-03-18

Date

2005-03-18

Authors

Restrepo-Echavarría, Paulina

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ISBN

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.

The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.

Abstract

Since 1991, inflation in Colombia was reduced from 25% on average to about 6% more recently. Although this performance is in line with a long run inflation target of 3%, some analysts ask whether the Central Bank should continue disinflating. In this pa

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JEL Codes

E52 - Monetary Policy

Temática

Keywords

Keywords

Small open economy , Inflation Targeting , Compensation , Colombia

Citation

URI

https://repositorio.banrep.gov.co/handle/20.500.12134/5346
 https://hdl.handle.net/20.500.12134/5346
 https://ideas.repec.org/p/bdr/borrec/328.html
 https://doi.org/10.32468/be.328

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Esta obra está bajo licencia internacional Creative Commons Reconocimiento-NoComercial 4.0.

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