Weather shocks and inflation expectations in semi-structural models
Colombia is particularly affected by the El Niño Southern Oscillation (ENSO) weather fluctuations. In this context, this study explores how adverse weather events linked to ENSO affect inflation expectations in Colombia and how to incorporate these second-round effects into a small open economy New...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Elsevier
2024-06-01
|
Series: | Latin American Journal of Central Banking |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2666143823000339 |