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Cambio en los instrumentos de política monetaria

Author

Listed:
  • Miguel Urrutia

Abstract

A partir de 1999, se produjo un cambio fundamental en la política monetaria. Hasta esa fecha, la autoridad monetaria utilizaba el control de los agregados monetarios, y en particular de los medios de pago, como el instrumento para el control de la inflación. El supuesto era que el determinante de la inflación era el crecimiento en la cantidad de dine- ro, supuesto que varios estudios habían validado para el caso colombiano.

Suggested Citation

  • Miguel Urrutia, 2005. "Cambio en los instrumentos de política monetaria," Coyuntura Económica, Fedesarrollo, December.
    • Handle: RePEc:col:000438:013370
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    File URL: http://hdl.handle.net/11445/928
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    More about this item

    Keywords

    Política Monetaria; Agregados Monetarios; Inflación; Banco de la República; Colombia;
    All these keywords.

    JEL classification:

    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
    • E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • 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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