Does independence matter? The case of the Colombian Central Bank

"Why has Colombia been a case of low output variability and moderate-to-high inflation? This paper argues that regardless of the institutional arrangement, monetary authorities have stabilized the business cycle, and inflation control has not been the only objective of monetary policy. The gove...

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Detalles Bibliográficos
Autores Principales: Cárdenas, Mauricio, Partow, Zeinab
Publicado: 2015
Acceso en línea: