Browsing by Autor "Franz Hamann"

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    Inflation Targeting in Colombia, 2002–12
    (2014) Franz Hamann; Marc Hofstetter; Miguel Urrutia
    Inflation Targeting in Colombia, 2002-12 O ver the last twenty years, nearly thirty countries have adopted inflationtargeting regimes to conduct monetary policy. In addition to the announcement of specific inflation targets, inflation-targeting regimes have been characterized by increased transparency, enhanced communication with the public, and explicit accountability mechanisms. Moreover, their policy strategy is based on setting short-run interest rates rather than on targeting monetary aggregates. In principle, inflation-targeting regimes also increase exchange rate flexibility.
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    Inflation Targeting in Colombia, 2002-2012
    (RELX Group (Netherlands), 2014) Miguel Urrutia; Marc Hofstetter; Franz Hamann