Disinflation costs under inflation targeting in small open economy
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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Formato: | Documento de trabajo (Working Paper) |
Lenguaje: | Español (Spanish) |
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Banco de la República
2005
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Acceso en línea: | http://repositorio.banrep.gov.co/handle/20.500.12134/5346 |