Inflation targeting and an optimal Taylor rule for an open economy: Evidence for Colombia 1990-2011

Keyphrases

• Central Bank 33%
• Colombia 100%
• Inflation Rate 33%
• Inflation Targeting 100%
• Markov Regime-switching Model 66%
• Monetary Policy 33%
• Monetary Regimes 33%
• Open Economy 100%
• Optimal Monetary Policy 33%
• Optimal Taylor Rule 100%
• Output Gap 33%
• Policy Rules 33%
• Quarterly Data 33%
• Taylor Principle 33%
• Taylor Rule 33%
• Unit Root Test 33%

Economics, Econometrics and Finance

• Central Bank 50%
• Inflation Rate 50%
• Inflation Targeting 100%
• Monetary Policy 100%
• Monetary System 50%
• Potential Output 50%
• Regime Switching 100%
• Taylor Rule 100%
• Unit Root 50%

INIS

• banks 33%
• colombia 100%
• data 33%
• economy 100%
• inflation 100%
• markov process 66%
• output 33%
• policy 100%
• roots 33%
• units 33%