TY  - GEN 
A1  - Hamann-Salcedo, Franz Alonso
A1  - Bejarano, Jesus
A1  - Rodriguez-Guzman, Diego Arturo
DA  - 2015/03/03
PY  - 2015
UR  - https://repositorio.banrep.gov.co/handle/20.500.12134/6160
AB  - The sudden collapse of oil prices poses a challenge to inflation targeting central banks in oil exporting economies. This paper illustrates that challenge and conducts a quantitative assessment of the impact of permanent changes in oil prices in a...
LA  - spa
PB  - Banco de la Republica
T3  - Borradores de Economia
JF  - Borradores de Economia; No. 871
M3  - Open Access
T1  - Monetary policy implications for an oil-exporting economy of lower long-run international oil prices
KW  - E52 - Monetary Policy
KW  - C61 - Optimization Techniques; Programming Models; Dynamic Analysis
KW  - E31 - Price Level; Inflation; Deflation
KW  - E37 - Prices, Business Fluctuations, and Cycles: Forecasting and Simulation: Models and Application
KW  - F41 - Open Economy Macroeconomics
KW  - Oil prices
KW  - Precautionary savings
KW  - Monetary policy
KW  - Credit
KW  - Leverage
KW  - Financial accelerator
KW  - Colombia
KW  - Politica monetaria -- Colombia
KW  - Petroleo -- Precios -- Colombia
KW  - Equilibrio (Economia) -- Colombia
KW  - Riesgo pais -- Colombia
KW  - Macroeconomia -- Colombia
KW  - Inflacion -- Colombia
KW  - E52 - Politica monetaria
KW  - E31 - Nivel de precios; Inflacion; Deflacion
KW  - E37 - Precios, fluctuaciones y ciclos economicos: Prediccion y simulacion; Modelos y aplicacion
KW  - F41 - Macroeconomia de la economia abierta
KW  - C61 - Tecnicas de optimizacion; Modelos de programacion; Analisis dinamico
DO  - https://doi.org/10.32468/be.871
L1  - https://ideas.repec.org/p/bdr/borrec/871.html
ER  -