Explicit inflation targets have existed in Colombia since the early nineties1. The Colombian
authorities announced a quantitative in‡ ation target for the first time in 1991. The …

This discusses the unique experience of Perus Central Bank with inflation targeting in an
economy characterized by a high degree of financial dollarization. The paper outlines how …

In this paper we find empirical evidence of bank lending channel for Colombia and
Argentina. For Argentina, we do not find evidence that changes in the interbank interest rate …

La literatura económica dice poco acerca de cómo llevar a cabo políticas monetaria y
cambiaría en una economía bimonetaria. Si bien hay economías con dolarización financiera …

En este trabajo ilustramos el afinamiento del instrumental monetario y cambiario ocurrido en
Colombia durante los años 1999-2002, desde la adopción de la flotación cambiaria y el …

ment of specific inflation targets, inflation-targeting regimes have been characterized by
increased transparency, enhanced communication with the public, and explicit …

This paper measures inflation persistence in Colombia for the period 1990-2010 and
estimates the implied speed at which agents learn about the central bank's inflation target …

Este artículo explora la credibilidad de la política monetaria en Colombia y su evolución
después de adoptar el sistema de inflación objetivo. A partir de la estimación de relaciones …

After decades using monetary aggregates as the main instrument of monetary policy and
having different varieties of crawling peg exchange rate regimes, Colombia adopted a full …

ÖZET Türkiye ekonomisi 2001 yılı krizinin ardından yeni bir döneme girmiştir. Kısa vadede
krizin olumsuz etkisini aşan ve maliye politikasında izlenen başarılı tutumun da sayesinde …