Using annual data for Colombia over the last thirty years and a new battery of econometric techniques, we test opposing …

In this paper we characterize the joint history of monetary and fiscal policies in Colombia since 1960. We divide our … large fiscal deficits, macroeconomic swings and monetary imbalances were rare in Colombia, average economic growth was …

results suggest that under Colombia's inflation targeting regime, which incorporates exchange rate flexibility and a highly …

Empirical evidence following conventional tests suggests that inflation expectations in Colombia might not be rational …