Derivative markets impact on colombian monetary policy

Derivatives are contingent claims that complete financial markets. Their use allow agents and firms to ameliorate the impact over con-sumption, production and investment given a change in relative prices induced by an active monetary policy. In this sense

Detalles Bibliográficos
Autores Principales: Gómez-González, Esteban, Vásquez, Diego Mauricio, Zea, Camilo
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/20.500.12134/5352