Explaining Inflation in Colombia: A Disaggregated Phillips Curve Approach

Explaining Inflation in Colombia: A Disaggregated Phillips Curve Approach
We study inflation dynamics in Colombia using a bottom-up Phillips curve approach. This allows us to capture the different drivers of individual inflation components. We find that the Phillips curve is relatively flat in Colombia but steeper than recent estimates for the U.S. Supply side shocks play an important role for tradable and food... READ MORE...

Publication date: May 2018
ISBN 9781484354827
$18.00

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