Evidence of the causal long-term relationship between budget deficit, money growth and inflation in Colombia is … relationship between inflation and money growth on the one hand, and between money growth and fiscal deficit, on the other. The …

different measures of annual inflation in Colombia during this decade for monthly data. The STAR-type nonlinearities are … asymmetric for inflation computed as the variation of CPI while for (a measure of) core inflation are symmetric. Thus, LSTAR and … ESTAR models were, respectively, estimated. No evidence of nonlinearity is found for traded goods inflation. Given the local …

sample of manufactured imports. Also, whether the foreign exchange and inflation regimes affect the degree of pass-through is … that under a floating regime there is a low degree of pass-through and the hypothesis that a low inflation environment has …

Typically, when forecasting inflation rates, there are a variety of individual models and a combination of several of … technique for series integrated of order one. The empirical results of Colombian inflation show that the Bayesian forecast …