Monetary policy implications for an oil-exporting economy of lower long-run international oil prices

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 small a

Detalles Bibliográficos
Autores Principales: Hamann-Salcedo, Franz Alonso, Bejarano, Jesus, Rodríguez-Guzmán, Diego Arturo
Formato: Documento de trabajo (Working Paper)
Lenguaje:Español (Spanish)
Publicado: Banco de la República 2015
Acceso en línea: