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Modelos Estructurales de Inflación en Colombia: Estimación a traves de Minimos Cuadrados Flexibles

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Author Info
Luis Fernando melo V. ()
Martha Misas A. ()

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Abstract

En este documento se presenta evidencia de cambios estructurales, a finales de la década de los noventa, en las relaciones económicas planteadas en los modelos uniecuacionales de inflación en Colombia. Hecho que afecta la inferencia y los pronósticos obtenidos a través de uso de técnicas clásicas de estimación. La metodología de estimación de mínimos cuadrados flexibles (Kalaba y Tesfatsion 1989, 1990), propuesta en esta investigación, permite incorporar tales cambios superando los problemas asociados a las metodologías tradicionales. Los pronósticos obtenidos a partir esta metodología son superiores, en sentido de menor error mínimo cuadrático, a aquellos obtenidos a través de mínimos cuadrados ordinarios.

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Paper provided by Banco de la Republica de Colombia in its series Borradores de Economia with number 282.

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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. José Luis Torres, . "Modelos Para La Inflación Básica de Bienes Transables y No Transables en Colombia," Borradores de Economia 365, Banco de la Republica de Colombia. [Downloadable!]
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  2. Luis Fernando Melo Velandia & Oscar Reinaldo Becerra Camargo, 2005. "Medidas De Riesgo, Caracteristicas Y Técnicas De Medición: Una Aplicación Del Var Y El Es A La Tasa Interbancaria De Colombia," BORRADORES DE ECONOMIA 003198, BANCO DE LA REPÚBLICA. [Downloadable!]
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  3. Gomez, Miguel I. & Gonzalez, Eliana & Melo, Luis F. & Torres, Jose L., 2006. "Forecasting Food Price Inflation, Challenges for Central Banks in Developing Countries using an Inflation Targeting Framework: the Case of Colombia," 2006 Annual meeting, July 23-26, Long Beach, CA 21181, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  4. Eliana González Molano & Luis Fernando Melo Velnadia & Anderson Grajales Olarte, 2007. "Pronósticos directos de la inflación colombiana," BORRADORES DE ECONOMIA 004246, BANCO DE LA REPÚBLICA. [Downloadable!]
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  5. Luis Fernando Melo Velandia & Héctor M. Núñez Amortegui, 2004. "Combinación de pronósticos de la inflación en presencia de cambios estructurales," BORRADORES DE ECONOMIA 002153, BANCO DE LA REPÚBLICA. [Downloadable!]
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  6. Carlos A. Arango A. & Martha Misas A. & Juan Nicolás Hernández, . "La Demanda de Especies Monetarias en Colombia: Estructura y Pronóstico," Borradores de Economia 309, Banco de la Republica de Colombia. [Downloadable!]
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  7. NUÑEZ AMORTEGUI, Héctor Mauricio, 2005. "Una evaluación de los pronósticos de inflación en Colombia bajo el esquema de inflación objetivo," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO - FACULTAD DE ECONOMÍA. [Downloadable!]
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