The Inflation Targeting Scheme in Colombia
OBJECTIVES
Caicedo-García, Edgar
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The Inflation Targeting Scheme in Colombia
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Colombian monthly data covering the period from 1995:01 to 2002:11 and ECM, fixed and time-varying parameters and Kalman filter techniques are used in this paper to quantify the exchange rate pass-through effects on import prices within a sample of manufactured imports. Also, whether the foreign…
