Income inequality in Colombia has declined since the early 2000s but remains very high by international standards …

Income inequality in Colombia has declined since the early 2000s but remains very high by international standards …

, Colombia and Mexico, suggesting that interest-rate smoothing contributes to reducing inflation expectations volatility. No …The current monetary policy framework in several Latin American countries, combining inflation targeting and a floating …-integration analysis to estimate simultaneously a monetary reaction function and the determinants of expected inflation for Brazil, Chile …

In 1999, new monetary policy regimes were adopted in Brazil, Chile, Colombia and Mexico, combining inflation targeting … Brazil, Colombia and Mexico, despite higher inflation volatility in Brazil and Colombia. This paper estimates a conventional … responsiveness by the monetary authority to changes in expected inflation in Brazil and Chile, while in Colombia and Mexico monetary …

’s strategy – fiscal consolidation, growth-boosting structural reforms and higher inflation – could make to reversing the rise in … productivity growth, as well as inflation gradually rising to 2% thanks to unconventional monetary policy measures, the debt ratio … gouvernementale – consolidation budgétaire, réformes structurelles pour doper la croissance et inflation plus élevée – pourraient …

interest rates and low inflation, and when ensuing prolonged and subdued growth undermines potential growth via labour … of economic slack and its impact on inflation, crisis-related hit to potential output and neutral interest rates. However … et d’une inflation faible, conjugués à une croissance durablement atone qui affaiblit la croissance potentielle via des …

more weight on alternative indicators of inflation pressure such as wage settlements, trends in unit labour costs and a … wide range of indicators of inflation expectations. The recent fall in margins observed in some countries may, for instance … States, the large unemployment gap could also keep wage inflation under pressure despite a flattening Phillips curve. These …

This paper assesses the OECD’s projections for GDP growth and inflation during the global financial crisis and recovery … the slowdown and later the weak pace of the recovery – errors made by many other forecasters. At the same time, inflation …<BR>Ce document évalue les projections de l'OCDE relatives à la croissance du PIB et à l'inflation durant la crise financière mondiale …

deep recession; the exchange rate has plunged; capital flows have been frozen; inflation is elevated; public debt has risen … déprécié ; les mouvements de capitaux se sont interrompus ; l’inflation est forte ; la dette publique a augmenté ; des sources …

reduce inflation and limit the real appreciation of the rouble. Given the strength of Russia’s balance of payments during the … interventions which were only partially sterilised. As a result, inflation remained persistently high. During the global financial … greater exchange rate flexibility should be permitted since (i) commodity exporting countries can successfully run inflation …