Asymmetric interest rate transmission in an inflation-targeting framework: The case of Colombia

After adopting an inflation targeting framework for monetary policy at the turn of the twenty-first century, Banco de la República, the Central Bank of Colombia, started actively using the monetary policy interest rate as its key policy tool. This paper examines the interest rate pass-through from t...

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Bibliographic Details
Main Authors: Arturo J. Galindo, Roberto Steiner
Format: Article
Language:English
Published: Elsevier 2022-09-01
Series:Latin American Journal of Central Banking
Subjects:
E4
E5
G2
Online Access:http://www.sciencedirect.com/science/article/pii/S2666143822000230