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Algunos Criterios Para Evaluar Una Meta De Inflaci�N De Largo Plazo

Author

Listed:
  • Martha L�pez

Abstract

Uno de los hechos estilizados m�s recientes alrededor del mundo es que, despu�s de varias d�cadas, se est� convergiendo a una inflaci�n baja y estable. Algunos pa�ses ya llegaron a su estado estacionario en este sentido y otros a�n est�n en proceso de desinflaci�n. Dado que la inflaci�n inflinge costos en el bienestar de los agentes y frena el crecimiento econ�mico de largo plazo, este es uno de los logros m�s importantes de las autoridades monetarias. No obstante, en el corto plazo el proceso desinflacionario puede tener impacto negativo sobre el producto y el empleo. Este trabajo presenta algunos criterios que son relevantes en la determinaci�n del nivel de inflaci�n de largo plazo y c�mo el r�gimen de pol�tica monetaria de Inflaci�n-objetivo permite disminuir los costos asociados al proceso desinflacionario en la medida que la pol�tica monetaria gana credibilidad.

Suggested Citation

  • Martha L�pez, 2006. "Algunos Criterios Para Evaluar Una Meta De Inflaci�N De Largo Plazo," Borradores de Economia 1967, Banco de la Republica.
    • Handle: RePEc:col:000094:001967
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    References listed on IDEAS

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    Cited by:

    1. Javier Guillermo G�mez, 2006. "La Pol�Tica Monetaria En Colombia," Borradores de Economia 3054, Banco de la Republica.
    2. Javier Gómez Pineda, 2006. "La Política Monetaria en Colombia," Borradores de Economia 394, Banco de la Republica de Colombia.
    3. Roberto Alfonso Montenegro Robles, 2011. "La política monetaria y la brecha del producto," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 3(2), pages 41-47.

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    More about this item

    Keywords

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    JEL classification:

    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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