Giraldo, Andrés; Misas, Martha; Villa, Edgar - In: ENSAYOS SOBRE POLÍTICA ECONÓMICA (2012)
This article presents a reconstruction of the history of Colombia´s central bank´s (Banco de la Republica) monetary policy between 1990 and 2010, during which explicit inflation targeting was adopted by October of 2000. To do so we developed a theoretical modified Taylor rule with interest...