IDEAS home Printed from https://ideas.repec.org/p/col/000416/015492.html
   My bibliography  Save this paper

Datos en Tiempo Real, Regla de Taylor y Política Monetaria en Colombia: Otro Ejercicio Empírico

Author

Listed:
  • Gloria Bernal y Andrés Giraldo
  • Andrés Giraldo

Abstract

Este artículo presenta resultados de la estimación de una regla de Taylor con suavizamiento de tasa de interés y usando la base de tatos en tiempo real construida por Bernal y Tautiva (2011). El objetivo es obtener estimaciones puntuales de la aversión a la inflación y compararlos con estimaciones donde se usa la versión revisada de la base de datos de producto. La aversión a la inflación es mayor que uno pero los resultados son puntualmente distintos. Por lo tanto, el banco central debe tener en cuenta esas diferencias cuando toma las decisiones de cambio en la tasa de intervención.

Suggested Citation

  • Gloria Bernal y Andrés Giraldo & Andrés Giraldo, 2017. "Datos en Tiempo Real, Regla de Taylor y Política Monetaria en Colombia: Otro Ejercicio Empírico," Vniversitas Económica 15492, Universidad Javeriana - Bogotá.
    • Handle: RePEc:col:000416:015492
    as

    Download full text from publisher

    File URL: http://cea.javeriana.edu.co/investigacion-publicaciones/documentos-trabajo/vniversitas-economica
    Download Restriction: no
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    Regla de Taylor; Principio de Taylor; Datos en tiempo real; modelos espacio-estado; filtro de Kalman;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • 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

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:col:000416:015492. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Mayerly Galindo Rodriguez (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.