Statistical Inflation Persistence in Colombia [La persistencia estadística de la inflación en Colombia]

Publicado en

  • Ensayos Sobre Política Económica


  • This document discusses the different structural factors which could contribute to inflation persis-tence, and evaluates alternative ways to measure it. Using the "best" methodologies, it presents the evolution of persistence both for the level and the gap of inflation in Colombia in 1990-2010 using a regime switching model and a Kalman filter. The adoption of inflation targeting in 1999 produced an important reduction in mean and variance but has not significantly modified the persistence of inflation.

fecha de publicación

  • 2011

Líneas de investigación

  • Colombia
  • Inflation
  • Inflation Persistence
  • Kalmanfilter
  • Regime Switching Models

Página inicial

  • 224

Última página

  • 266


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