Effects of Monetary Policy Announcements and Credibility on Inflation Expectations: Evidence for Colombia

Effects of Monetary Policy Announcements and Credibility on Inflation Expectations: Evidence for Colombia

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This paper refers to the literature on the effects of central bank announcements on inflation expectations in developing countries. In particular, based on the Colombian experience, we study the impact of interest rate announcements and macroeconomic shocks on breakeven inflation rates, given the mo...

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Bibliographic Details
Main Authors: Galvis Ciro, Juan Camilo, Anzoategui-Zapata, Juan Camilo
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2019
Subjects:
inflation expectations
monetary policy
central banks
econometrics
expectativas de inflación
bancos centrales
política monetaria
modelos econométricos
Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/7912

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https://revistas.uptc.edu.co/index.php/cenes/article/view/7912