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

Detalles Bibliográficos
Autor Principal: Restrepo-Echavarría, Paulina
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2005
Materias:
Acceso en línea:http://repositorio.banrep.gov.co/handle/20.500.12134/5346